Audience
Lenders in need of a Loan Origination solution
About OpenClose
Whether you close 50 loans per month or 5,000, our LOS and its native mobile app allow your Loan Officers to enhance efficiencies and reduce costs. With OpenClose, you’ll open smarter and close faster! The OpenClose LOS, LenderAssist™, solves the challenges banks, credit unions and mortgage lenders have with today’s other commercially available loan origination systems. The result? More and more banks, credit unions and mortgage lenders are turning to OpenClose than ever before. OpenClose understands that you operate your mortgage business in a profit-pinched, regulatory-intense environment and that you need a mortgage LOS that helps you address these challenges and surpass expected ROI. That’s why we designed our software as a 100% browser-based, end-to-end, omnichannel solution that:
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The following modules are included:
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- Self-service portal - to manage the whole enterprise activity.
- Back-office - the core of the platform to manage incoming loan applications, service disbursed loans, configure the loan product catalog, built-in dashboards and more.
The platform automates the lending process throughout all the stages:
- Initiation of omnichannel application
- Consolidation and restructuring of debts
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ABLE Platform serves any type of loan:
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Axe Finance is the trusted partner of leading global banking institutions such as Société Générale, OTP Bank, APS Bank, Arab National Bank, Al Rajhi Bank, QNB, ADCB, FAB, BBK, Bangkok Bank, Vietcombank, VIB, Fidelity Bank, Polaris Bank, among many others.
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Integrations
Company Information
OpenClose
Founded: 1999
United States
www.openclose.com
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Product Details
Platforms Supported
Cloud
Windows
Training
Live Online
Support
Phone Support
Online
OpenClose Frequently Asked Questions
Q: What kinds of users and organization types does OpenClose work with?
OpenClose works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, Government, and Startup.
Q: What languages does OpenClose support in their product?
OpenClose supports these languages: English.
Q: What kind of support options does OpenClose offer?
OpenClose offers support via phone support and online.
Q: What other applications or services does OpenClose integrate with?
OpenClose integrates with: Charge-off Loan Tracker, CompenSafe, DocVu.AI, Kinective Bridge, Plaid, and Surefire CRM.
Q: What type of training does OpenClose provide?
OpenClose provides training in the form of live online.
OpenClose Product Features
Loan Origination
Amortization Schedule
Supported
Audit Trail
Not Supported
Closing Documents
Not Supported
Compliance Management
Not Supported
Customer Database
Not Supported
Digital Signature
Not Supported
Document Management
Not Supported
Fee Management
Not Supported
Loan Processing
Not Supported
Online Application
Not Supported
Loan Servicing
Amortization Schedule
Supported
Auto Loans
Supported
Business Loans
Supported
Construction Loans
Supported
Loan Processing
Supported
Student Loans
Supported
Accounting Management
Not Supported
Application Management
Not Supported
Automatic Funds Distribution
Not Supported
Collateral Tracking
Not Supported
Collections Management
Not Supported
Compliance Management
Not Supported
Customer Database
Not Supported
Fee Management
Not Supported
Investor Management
Not Supported
Mortgage and Loans
Amortization Schedule
Supported
Client Database
Supported
Contact Management
Supported
Credit Reporting
Supported
Document Management
Supported
Electronic Applications
Supported
Government Loans
Supported
Loan Origination
Supported
Loan Servicing
Supported
Pre-Qualification
Supported
Residential Mortgages
Supported
Closing Documents
Not Supported
Commercial Mortgages
Not Supported
Customer Statements
Not Supported
Pipeline Management
Not Supported
Refinance Management
Not Supported
