FirstClose is proud of its long-standing strategic partnership with MeridianLink.
Decades ago, we designed and purposely built the first and only home equity system. In late 2022, we took the framework of our legacy home equity settlement services solutions, our home equity expertise and our advanced technology to create FirstClose Equity.
Today, FirstClose continues to be the only company providing a platform built solely for home equity, which is why it’s smarter, better, and faster than any other solution on the market and now integrated with the MeridianLink® One platform.
MeridianLink users can now originate HELOCs and Home Equity Loans in days, not weeks with FirstClose Equity. 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.
At a time when origination costs have reached a new high, no one can afford more inefficiencies that further compress margins, especially in the home equity space. The way to overcome inefficiencies and mitigate margin compression is through automation.
With its integration into MeridianLink, FirstClose makes home equity a low-friction lending experience that consumers have come to expect. Consumers have one experience via a private labeled POS and borrower portal while loan officers, underwriters and processors never leave their LOS.
Aside from FirstClose Equity, our legacy ordering solution, FirstClose ONE is still available via MeridianLink. This solution allows you to order any service from almost any vendor in the real estate settlement services industry, including local appraisers and local title companies, Duplicate data entry is completely eliminated on the front end and when the reports are returned to, PDF copies of the report and data seamlessly populate flood, valuation, and title fields including legal descriptions, vesting information, flood with HMDA data, valuation data, and more.
FirstClose solutions are currently integrated on the following MeridianLink products: