FirstClose partners with Stewart to enhance home equity services

“Our equity fulfillment solutions are designed to help lenders act quickly and with confidence,” said Beth Fowler, president of Stewart Lender Services, in a statement. “By integrating with FirstClose, we are providing lenders with the tools needed to accelerate loan decision making, improve operational efficiencies and provide borrowers with a modern, streamlined home equity experience.”

The companies say consolidating orders and fulfillment within one workflow will help lenders reduce manual steps, speed decisions and improve the borrower experience.

“Partnering with Stewart Lender Services extends the power of our Order Management System by giving lenders direct access to a broader range of integrated home equity solutions,” said Tedd Smith, CEO of FirstClose. “By unifying data, titles, valuations and closing workflows in one place, lenders can shorten cycle times, manage risk and drive growth in the evolving housing market, while also providing a more seamless experience for borrowers.”

Lenders using FirstClose OMS also have access to Stewart Valuation Intelligence for desktop and field valuations, automated valuation models, hybrid inspections and analytics, a FirstClose release explains. They can also take advantage of Stewart’s closing services, including a mobile notary, remote online notarization, and in-person electronic notarization.