LA JOLLA, Calif.--(BUSINESS WIRE)--ClosingCorp, a leading provider of residential real estate closing cost data and technologies for mortgage lenders, real estate professionals and consumers, announced today it has added new functionality to its SmartGFE® Service and SmartGFE® Calculator related to reissue rates. Through these services, mortgage lenders are now able to select a title company offering discounted refinance rates for their borrowers.
“By adding discounted refinance rates to our service offerings, we are enabling mortgage lenders and title companies to provide their clients with the most accurate pricing information available and enabling borrowers to save money on their refinance transactions,” said Paul Mass, president of ClosingCorp.
ClosingCorp continues to provide accurate closing cost data and efficient technologies to mortgage lenders and title companies, which enables them to provide the best service possible to their clients.
The SmartGFE Service gives lenders the ability to instantly generate GFE data with actual rates for Blocks 3-8, which includes everything from title and settlement services, third-party real estate closing services, recording fees and transfer taxes. This automated system dramatically improves GFE and loan processing efficiencies, and comes with a compliance guarantee that protects lenders from RESPA-tolerance violations related to the above-mentioned blocks.
The SmartGFE Calculator is a simple online tool that is embedded on a title company’s website to provide immediate pricing information to lenders for title and settlement services, recording fees and transfer taxes.
About ClosingCorp
ClosingCorp is a leading provider of residential real estate closing cost data and technologies for mortgage lenders, real estate professionals and consumers to save them time and money on residential real estate transactions. Through its network of nearly 12,000 real estate service providers, the company maintains the most comprehensive database of up-to-date closing costs, including recording fees and transfer taxes, for all residential properties in America. This valuable data is delivered quickly and efficiently to clients via ClosingCorp’s innovative technologies, such as SmartGFE®, SmartGFE® Calculator, SmartClosing℠ Mortgage Calculator, DART℠ and Closing.com. To learn more visit www.closing.com.