The seamless integration means mortgage lenders can order FirstClose’s solutions directly through Encompass, thus driving quality and efficiency in the loan origination process.
Services can be ordered directly from Encompass at the touch of a button, eliminating duplicate key strokes when placing orders. When orders are returned, data points are sent back to Encompass, which automatically populates critical fields such as the full legal description and vesting information from the title work, the appraised value from the valuation product selected, and more.
Copies of the completed reports are automatically imaged into Encompass. The integration reduces human error, as well as costs and closing times, FirstClose says in a release.
“Seamless integration between the LOS and valuation and settlement services helps lenders close loans more quickly and efficiently,” said FirstClose CEO Tedd Smith. “Our secure integration with Encompass enables our clients to simplify the process of ordering our solutions, so they can more easily process mortgage loans and grow their business.”