Audience

Lenders in need of a Loan Origination solution

About OpenClose

Whether you close 50 loans per month or 5,000, our LOS and its native mobile app allow your Loan Officers to enhance efficiencies and reduce costs. With OpenClose, you’ll open smarter and close faster! The OpenClose LOS, LenderAssist™, solves the challenges banks, credit unions and mortgage lenders have with today’s other commercially available loan origination systems. The result? More and more banks, credit unions and mortgage lenders are turning to OpenClose than ever before. OpenClose understands that you operate your mortgage business in a profit-pinched, regulatory-intense environment and that you need a mortgage LOS that helps you address these challenges and surpass expected ROI. That’s why we designed our software as a 100% browser-based, end-to-end, omnichannel solution that:

Integrations

Ratings/Reviews

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Company Information

OpenClose
Founded: 1999
United States
www.openclose.com

Videos and Screen Captures

OpenClose Screenshot 1
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Product Details

Platforms Supported
Cloud
Windows
Training
Live Online
Support
Phone Support
Online

OpenClose Frequently Asked Questions

Q: What kinds of users and organization types does OpenClose work with?
Q: What languages does OpenClose support in their product?
Q: What kind of support options does OpenClose offer?
Q: What other applications or services does OpenClose integrate with?
Q: What type of training does OpenClose provide?

OpenClose Product Features

Loan Origination

Amortization Schedule Supported
Audit Trail Not Supported
Closing Documents Not Supported
Compliance Management Not Supported
Customer Database Not Supported
Digital Signature Not Supported
Document Management Not Supported
Fee Management Not Supported
Loan Processing Not Supported
Online Application Not Supported

Loan Servicing

Amortization Schedule Supported
Auto Loans Supported
Business Loans Supported
Construction Loans Supported
Loan Processing Supported
Student Loans Supported
Accounting Management Not Supported
Application Management Not Supported
Automatic Funds Distribution Not Supported
Collateral Tracking Not Supported
Collections Management Not Supported
Compliance Management Not Supported
Customer Database Not Supported
Fee Management Not Supported
Investor Management Not Supported

Mortgage and Loans

Amortization Schedule Supported
Client Database Supported
Contact Management Supported
Credit Reporting Supported
Document Management Supported
Electronic Applications Supported
Government Loans Supported
Loan Origination Supported
Loan Servicing Supported
Pre-Qualification Supported
Residential Mortgages Supported
Closing Documents Not Supported
Commercial Mortgages Not Supported
Customer Statements Not Supported
Pipeline Management Not Supported
Refinance Management Not Supported

OpenClose Additional Categories