What is OpenClose?
Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose® is the premier multichannel loan origination system (LOS), Omni-channel digital POS and mortgage fintech provider that cost effectively delivers its SaaS platform. OpenClose™ provides innovative, 100% web-based software for banks, credit unions and lenders.
We chose the mortgage lending industry as our focus, because we were mortgage lenders looking for a better way to do business with premier mortgage technology that is intuitive, scalable, efficient and compliant. Later as OpenClose, we blazed the trail in the online retail, wholesale and correspondent web portal arena. We hired more mortgage bankers and developers to enhance and maintain our loan pricing engine, DecisionAssist™ . Then in 2008, we purchased LION MTS and integrated its mortgage loan search, mortgage websites, and productivity tools into our core OpenClose platform.
Today, OpenClose continues to develop innovative and flexible mortgage software solutions that allow customers to add components to their business as it grows while still preserving their initial investment well into the future.
OpenClose provides ASP solutions because it's the fastest, most scalable, and most secure option. All data is secured in redundant, stateside, state-of-the-art Tier 3 data centers designed to protect your information in any emergency scenario. OpenClose provides consumer and B to B websites with endless content and functionality, designed to maximize your corporate image, customer experience, lead generation/capture and search engine optimization. A self-developed, fully integrated program eligibility and pricing engine available to all users where we manage and maintain all investor program guidelines and overlays, as well as investor pricing;
allowing your Secondary Marketing team to focus on maximizing trade execution and not managing program guidelines or determining lock eligibility. A comprehensive LOS you can’t outgrow that provides all the deep back-end banking functionality to run your business and is intuitive, efficient, compliant, simple for all users and can be accessed anywhere, anytime. A LOS that includes incredible dashboard analytics and dynamic reporting functionality, providing the tools for you and your users to better manage their business.
OpenClose pioneered Software as a Service (SaaS) computing solutions back in 2004, providing Web-based solutions to mortgage lenders. Founded by mortgage bankers, we continue to remain focused on lenders. Our products are rapidly deployed to address an emerging need and combined in an end-to-end solution helping manage the process from open to close.
- LenderAssist™: End-to-End, 100% Browser Based, Multi-channel Loan Origination Software
- DecisionAssist™: Managed Loan Product & Pricing Engine
- ConsumerAssist™ Web: Consumer-direct Mortgage Websites
- ConsumerAssist™ Digital: Consumer Digital POS
- OC Optics™: Comprehensive Mortgage Lending Business Analytics & Reporting
- DocAssist™: Document Management, Imaging and OCR Technologies
- IntegrationAssist™: RESTful API Suite