Flueid, a real estate technology business that uses title data and insights to drive end-to-end transactions, announced an integration with FirstClose, Inc., the leading fintech solutions provider for home equity lenders across the country.
The integration will accelerate home equity lending, reducing transaction times from weeks to five days and supporting a seamless consumer experience.
FirstClose Equity reduces operational touchpoints and improves the borrower experience. The end-to-end platform includes a borrower-facing point-of-sale solution that provides consumers with rapid online feedback on home valuation, available home equity loan possibilities, and credit decisions in minutes. In addition, by combining Flueid's decisioning with FirstClose's data and workflow solutions, lenders can start new loans and close them in five days while lowering costs and making processes more efficient.
FirstClose stated that this integration would optimize its already exceptional customer service. The integration takes advantage of the best parts of both companies' core technologies to make the closing process faster, like other digital transactions.
Flueid stated that the company and FirstClose are pioneers in the home equity loan industry. They can simplify the transaction experience for consumers by including transaction decisions and title data at the outset of a lender's workflow.
Flueid and FirstClose will be showcasing their respective solutions from February 27 to March 1 at ICE Experience 2023.
About Flueid
Flueid is a technology company that aims to make the real estate industry more fluid by fueling transactions with data and insights. The platform combines insurtech, proptech, and fintech. It unlocks data and digitizes real estate transactions for a safe, faster, and on-demand experience.