FirstClose Revenue and Competitors

Founded in 2000 and headquartered in Austin, Texas, FirstClose provides technology solutions to mortgage lenders nationwide and serves as a middleware application that provides access to a host of national and local real estate service providers via the web or through direct integration into various loan origination systems. The FirstClose reporting suite is the first, comprehensive solution with capabilities to deliver title, flood, valuation and other important data elements in one report. By utilizing the latest technology, combined with aggregated volume from its national client base, FirstClose is able to offer customized solutions which increase efficiencies, reduce costs, and ultimately help lenders close more loans. FirstClose services over 250 Banks and Credit Unions while processing hundreds of thousands of transactions per year. Products: FirstClose Report: The FirstClose Report is the first and only comprehensive home equity and refi tool to provide everything consumer lenders need to close on home equity, HELOC and refi loans more quickly and at a better price. Credit, valuation, flood, tax and title data is compiled into one easy-to-read report and returned within 30 seconds. FirstClose offers a proprietary, patent-pending software platform designed to deliver lenders end-to-end solutions from loan application to closing. FirstLook Report: The FirstLook Report is the first and only comprehensive pre-qualification tool to provide everything mortgage lenders need to make an instant decision on a borrower's complete credit worthiness. Credit, valuation, flood, tax and title data is compiled into one easy-to-read report and returned within 30 seconds. Once pre-qualified, lenders have the ability to add their own title companies, appraisers, appraisal management companies, and other settlement providers at the click of a button with options to pass data and reports back into their loan origination system when available.

keywords:Banking,Finance