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. For more information, visit Visit www.firstclose.com.
In a competitive mortgage market, lenders need the right tools to pre-qualify and close loans faster while still being compliant. With that in mind, FirstClose developed its FirstLook Report to serve as an instant, prequalification tool for mortgage lenders. The FirstLook Report delivers credit score, value, flood zone indicator, title search and tax information instantly within a single file.
With the recent turnover in leadership at the Federal Housing Finance Agency, we may be standing at the precipice of great change in the government’s role in supporting the mortgage market through Fannie Mae and Freddie Mac.