OpenClose Lending Solution is a mortgage loan origination software that helps financial institutes to automate all of their workflows and business channels from a centralised place. It helps financial institutes to automate lending channels, including wholesale, correspondent, retail and borrower direct business channels as well. The software has been fully updated in order to meet the TILA-RESPA Integrated Disclosure (TIRD) requirements. This compliance also helps users to know whether loans are QM/ATR, with just a click of a button. In addition, users can also configure whether their compliance thresholds are not exceeded and have covered all the important points necessary to run business smoothly. OpenClose Lending Solution allows permitted users to easily get access to and work over borrower documents from a centralised location. It enables financial institutes to convert documents into images and store them in a secure location with the help of a proprietary imaging system. Moreover, the software also provides users with dashboard-level custom reports to analyse lender specific data, facilitating intelligent decisions while managing risk appropriately.
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SW Score Breakdown
Platforms Supported
Organization Types Supported
API Support
Modes of Support
Audit Trail
A record of changes made in chronological order of a user or activityCompliance Management
Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followedWorkflow Management
Helps in managing and ensuring smooth flow of the tasks assigned to a team or organizationDocument Management
Ability to store and manage various information and documents in electronic format.Custom Workflows
Facility to create workflows with custom stages, process, and status.Mobile Access
Allows accessing the software and product/service related information from a mobile deviceChat (Messaging)
Allows users to collaborate better by exchanging views and collect information through chatting or textinge-Signature
Electronic Signatures help users to sign their digital documents remotelyClient Management (Customer)
Facilitates strong necessary data about clients/customers and allows access to it when requiredCollaboration
Helps you safely share data with only those who matter and enhances your teamworkFree Trial
Not available
OpenClose Lending Solution Custom
Features
Disclaimer: The pricing details were last updated on 12/08/2020 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.
Learn more about OpenClose Lending Solution Pricing
78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
81% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
79% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
82% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
71% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is OpenClose Lending Solution used for?
OpenClose Lending Solution is Loan Origination Software. OpenClose Lending Solution offers the following functionalities:
Learn more about OpenClose Lending Solution features.
What are the top alternatives for OpenClose Lending Solution?
Does OpenClose Lending Solution provide API?
No, OpenClose Lending Solution does not provide API.
Vendor Details
West Palm Beach, FloridaSocial Media Handles
Not available
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