F1

ClosingCorp’s flagship product, SmartFees, enables lenders to pull rate and fee data from the ClosingCorp Network to fulfill their legal obligation to deliver accurate quotes and estimates to their borrowers.

Manual data entry requirements, multiple user inputs and limited automation lead to a complex, time-consuming and work-intensive process. SmartFees F1integrates loan file information, transfers tax, records data and services fees and lender business rules and requirements into a single process. SmartFees also comes with a complete audit trail from the original quote given to a borrower to subsequent documents that are revised due to changes in circumstance.

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