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FirstClose

HW Tech100

A financial technology provider of property and borrower data intelligence and settlement services nationwide

FirstClose-2021 Tech100 winners-mortgage

FirstClose is a financial technology provider of property and borrower data intelligence and settlement services nationwide. FirstClose ONE, the company’s SaaS solution, combines everything from application to closing — credit, valuation, title, tax, flood, income verification, automated decisioning, closing and recording —  on one easy-to-navigate platform for residential lending. The FirstClose ONE Digital Lending Platform modernizes the lending process and helps lenders deliver actionable data into their digital lending strategies. The platform gives consumers instant access to their home equity position and PDF access to a detailed home equity report which includes local neighborhood comparable homes used in its value assessment. Consumers can review loan product offerings, check rates, and browse the estimated monthly payments based on the CLTV qualification requirements all without officially applying.

  • One credit union client saw a 25% decrease in turn-time since implementing FirstClose ONE
  • Another banking client saw a 38% increase in PCR completed orders and 27% increase in Property Report completed orders with FirstClose ONE

Company Website:

http://www.firstclose.com

Markets Served:

Loan Origination

Company HQ:

Austin, TX

3d rendering of a row of luxury townhouses along a street

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