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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 ![]()
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89% 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 ![]()
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Description | 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. Read more | CompassWay Loan Management Software revolutionizes lending operations with its intuitive digital platform, making the entire process seamless and automated. Designed for both B2B and B2C markets, this versatile solution effectively manages the loan lifecycle, tailored to meet any business's unique needs. By replacing tedious manual data entry with automated field auto-population, CompassWay enhances accuracy and efficiency, dramatically reducing costs. Its smart automation features guarantee precision at every stage, eliminating human bias and error, and speeding up the borrowing process. This rapid efficiency delivers the fastest time-to-market for lenders. Each lending process is carefully customized, allowing businesses to optimize operations effortlessly. CompassWay provides an essential partnership in achieving cost reduction through automation, freeing users to focus on growth and customer engagement. Experience a transformative era of lending with CompassWay, where innovation meets operational excellence, offering a user-friendly, supportive solution that empowers business growth and engagement. Read more |
Pricing Options |
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SW Score & Breakdown |
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
|
89% 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
|
Total Features |
4 Features
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9 Features
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Common Features for All |
Audit Trail
Chat (Messaging)
Client Management (Customer)
Collaboration
Compliance Management
Custom Workflows
Document Management
Workflow Management
e-Signature
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Audit Trail
Chat (Messaging)
Client Management (Customer)
Collaboration
Compliance Management
Custom Workflows
Document Management
Workflow Management
e-Signature
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Organization Types Supported |
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Platforms Supported |
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Modes of Support |
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API Support |
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User Rating |
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Rating Distribution |
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Read All User Reviews | Read All User Reviews |
AI-Generated from the text of User Reviews
Pricing Options |
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Pricing Plans
Monthly Plans
Annual Plans
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OpenClose Lending Solution Custom |
CompassWay Custom |
View Detailed Pricing
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View Detailed Pricing
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Company Details | Located in: West Palm Beach, Florida | Located in: Warsaw, Poland |
Contact Details |
(561) 655-6418 |
+48225987243 |
Social Media Handles |
Not available |
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