FirstClose has enhanced is order management system (OMS) with expanded home equity fulfillment capabilities from Stewart Lender Services.
Through this partnership, FirstClose OMS users will gain integrated access to Stewart’s comprehensive suite of home equity title, valuation and closing solutions, FirstClose says in a release.
By streamlining ordering and fulfillment within a single workflow, lenders can reduce manual steps, accelerate decisioning and improve borrower experiences.
“Our home equity fulfillment solutions are designed to help lenders move with speed and confidence,” says Beth Fowler, president of Stewart Lender Services. “By integrating with FirstClose we’re equipping lenders with the tools needed to accelerate loan decisioning, improve operational efficiency, and provide borrowers with a modern, streamlined home equity experience.”
Stewart’s addition to FirstClose OMS provides lenders with data, property reports, title insurance, and an E&O Policy covering home equity loans, offering options and rapid response.
Stewart also offers automated title decisioning tools and a streamlined curative process, which supports faster eligibility checks and quicker clear-to-close outcomes for many loan scenarios.
“Partnering with Stewart Lender Services enhances the power of our order management system by giving lenders direct access to a broader set of integrated home equity solutions,” says Tedd Smith, CEO of FirstClose. “By unifying data, title, valuation and closing workflows in one place, lenders can shorten cycle times, manage risk and drive growth in the evolving home equity market while also delivering a more seamless experience for borrowers.”