U.S.-based fintech FirstClose announced on Tuesday it has officially launched its digital lending platform (DLP), FirstClose ONE. According to FirstClose, FirstClose One is a home equity and refi tool that offers everything from application to servicing (credit score, valuation, title, tax, flood, closing, and recording) on one easy-to-navigate platform.
FirstClose claims that FirstClose One is the first and only web-based home equity calculator and branded application management solution.
“Today, loan approval has never been easier than with FirstClose ONE’s DLP. This one platform provides a world-class borrower experience utilizing customized application pages with upfront conditional loan approvals. All loan submissions are instantly delivered with data and documents integrated into the LOS.”
While sharing more details about the lending platform, Tim Smith, CRO, and Lending Luminary at FirstClose, stated:
“The demand for digital automation has significantly increased. We listened to our customers and created an optimal digital lending experience delivered through our FirstClose One platform, enhancing the customer experience and dramatically reducing the time it takes to fulfill a loan request. Do more, be lean and close more loans with less touches.”
FirstClose mission is to provide the most comprehensive mortgage settlement solutions and to increase profitability and reduce cost for mortgage lenders