MASSILLON, Ohio — Superior Savings Credit Union is now using theFirstClose bundled mortgage settlement platform to help automatethe $11 million CU's mortgage operation.
|Superior Savings is using the solution from Texas-based FirstLenders Data Inc. to pull credit reports, flood zonedeterminations, automated valuation models and Equiguard, analternative to title reports for home equity and secondmortgages.
|“FirstClose has helped us combine many of our settlementservices into one platform and we have already started saving timeand money. We went from closing loans in 30 days to closing loansin five days, at a savings of approximately $350 per loan,” LorieJackson, operations manager at the 2,500-member CU, which went livewith the solution on Feb. 1.
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