FirstClose

Headquartered in Austin, Texas, FirstClose provides fintech solutions to HELOC and mortgage lenders nationwide. The company’s mission is to increase lender profitability, reduce costs, and enable faster closings — delivering an end-to-end home equity platform powered by intelligent automation that helps lenders close in as little as 5–10 days.

FirstClose XpressEquity POS

XpressEquity is a fully integrated, end-to-end home equity lending platform that connects seamlessly with your Loan Origination System (LOS), streamlining every step from application to closing.

Digital Application

• Delivers instant feedback on home value, available equity, and loan options — with credit decisions in as little as 5–7 minutes. Data flows directly into your decision engine, enabling instant pre-approved offers with a complete audit trail.

Borrower Portal

• Connects loan data and files from the digital application, LOS, and OMS to simplify interactions between borrowers, providers, and the lender’s team. Borrowers can complete initial disclosures, track to-do items, and upload documents — all driven by the LOS-assigned loan number.

Accelerated Closings

• Identify qualified borrowers faster, accelerate HELOC and home equity loan closings, improve borrower experience, and mitigate risk — without disrupting existing workflows.

Intelligent Order Management Automation

Streamline and centralize vendor ordering for valuation, flood, and title services using configurable business rules, ensuring data flows directly into the LOS to support faster closings and operational efficiency.”

Smart Vendor Selection

• Automatically select vendors and auto-assign by product, loan type, and geography using configurable business rules and order logic flow.

Flexible Ordering Options

• Supports everything from one-click à la carte ordering to fully automated ordering — giving lenders complete control over their fulfillment process.

LOS Integration & Reporting

• All documents flow to the LOS, data auto-populates appropriate fields including custom fields, and dashboards with standard reports help monitor statuses, score providers, and improve vendor relationships.