HW Tech100

OpenClose Tech 100 Mortgage

OpenClose provides a configurable, 100% browser-based, omnichannel mortgage technology solution suite. It enhances efficiencies, reduces costs, advances experience quality and improves retention for banks, credit unions and independent lenders. The flexibility of OpenClose’s microservices tech stack allows for a more customizable workflow that drives improved operating efficiencies and better user experiences. 

Beyond the ecosystem and architecture, OpenClose’s RESTful API suite helps customers control their workflow and fine-tune their ROI by creating collaborative experiences with their own systems or with data partnerships. Ultimately, it adds to or creates workflows that operate in tandem with external systems. The company’s LOS alone slashes the cost to manufacture loans by up to 40%, reduces processing and underwriting cycle times by up to 50% and requires minimal support to install and manage, while our POS offers up to a more than 80% application to conversion rate.

Company Website:

Markets Served:

Loan Origination

Company HQ:

West Palm Beach, FL

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

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