FirstClose software solution provides faster loan decisioning

In a competitive mortgage market, lenders need the right tools to pre-qualify and close loans faster while still being compliant. With that in mind, FirstClose developed its FirstLook Report to serve as an instant, prequalification tool for mortgage lenders. The FirstLook Report delivers credit score, value, flood zone indicator, title search and tax information instantly within a single file. HousingWire chatted with Tim Smith, co-founder, president and chief revenue officer at FirstClose, and John Park, director of business development at FirstClose, at MBA annual to hear more about the launch.