FirstClose Launches Digital Lending Platform
Driving Consumer Engagement & Conversions From Anywhere…anytime
FirstClose, Inc., a leading Fintech provider of lending solutions for banks, credit unions, and lenders nationwide announces the launch of the FirstClose ONE Digital Lending Platform (DLP), the first and only web-based home equity calculator and branded application management solution.
DLP modernizes the lending process from “Hello” to “Here’s Your Money” to help lenders deliver actionable data into their digital lending strategies. The DLP expands the Equity IQ™ lead capture platform which gives consumers instant access to their home equity position and PDF access to a detailed home equity report which includes local neighborhood comparable homes used in its value assessment. Transparently consumers can review Loan Product offerings, check rates and browse the estimated monthly payments based on the CLTV qualification requirements all without officially applying.
Recommended AI News: Life.io and Unqork Announce Partnership
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.
This streamlined workflow helps manufacture loan files, eliminates touches, and lowers the cost to produce this type of loan.
Recommended AI News: Mozambique Pins Hope on Germany to Revive Gas Industry Opportunities in 2020-21
Successful lending strategy involves leveraging property and borrower data intelligence instantly and in innovative ways to create One Solution that brings together today’s best lending practices, verified data, and robotic process automation to meet today’s demanding consumer needs.
“The demand for digital automation has significantly increased,” said Tim Smith, CRO, and Lending Luminary. “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.”
Recommended AI News: BlueVoyant Announces Strategic Partnership With Argos Risk