FirstClose, Inc., a fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, has integrated its home equity settlement services ordering module within FirstClose Equity to Calyx Software’s Point loan origination system.
Through the integration, Point users can seamlessly originate HELOCs and home equity loans within their LOS and complete the application through the closing process faster than the industry average of 45 to 60 days. FirstClose’s one-of-a-kind home equity solution reduces operational touchpoints to elevate the overall customer experience for borrowers. It also enables lenders to automate data collection, verification, and settlement services ordering.
FirstClose’s order management module is currently used by more than 200 lenders nationwide to automate back-office manual processes. FirstClose’s one-click ordering technology with the ability to modify settlement providers will enable Calyx Point lenders to reduce risk, grow their overall business, and position themselves better for continued growth and success in this surging home equity market.
“As a customer-first company, we are always looking to offer our lenders access to like-minded companies that provide simple solutions to real-world challenges our customers face,” said Juan Villegas, Director of National Sales at Calyx Software. “We’re proud to be integrated with FirstClose and to be able to help our clients streamline their home equity lending operations.” “Mortgage rates are rising; homeowners are staying in their homes longer and they are in a much better financial position than ever before. All these pieces point to HELOCs and HELs as the right products for the times,” said Tedd Smith, Chief Executive Officer at FirstClose. “Having our order management module within Point will give Calyx users a simple and efficient way to capitalize on this growing market opportunity and stand out amongst the crowd by offering a significantly enhanced customer experience.”
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