FirstClose also offers the most advanced automated underwriting and automated decisioning systems in the industry. Tied into our loan origination systems, these automated features can be customized to include any lender’s underwriting guidelines and loan programs. As part of the automated underwriting and automated decisioning capability, we provide product & pricing solutions which allow lenders to create their own enterprise rules to manage their loan products, adjustments, fees, stipulations and conditions in a secure private-labeled environment. It’s robust enough to create an entire automated underwriting engine or lenders can purchase our investor library to get started.

Lenders can also outsource their loan product maintenance though Decision Assist, our managed product and pricing engine solution. With updated product guidelines and pricing for all the top investors, we provide borrowers with answers in seconds. Decision Assist lets you factor in all adjustments, fees, stips, conditions, and even private-label investor products, but we administrate it for you. The loan pricing software lets mortgage originators search products for "best ex" and get eligibility decisions instantly! Real-time updates happen automatically.

Correspondent mortgage lenders can create and merge underwriting conditions and receive instant information and decisions from Fannie Mae and Freddie Mac through integrations with Desktop Originator (DO®), Desktop Underwriter (DU®), and Loan Prospector (LP®). Select your mortgage investor programs and we’ll do the rest.