[Plymouth Meeting, PA 12/15/2021]
Closepin Announces New API Powering Integrations That Reduce Purchase Loan Turn Times.
Closepin a leading data services provider for the mortgage industry, has announced the availability of its new API for lenders. The ClosepinAPI is focused on helping lenders drastically reduce purchase loan turn-times when working with a borrower’s preferred local closing agent.
“Purchase loans are a challenge for lenders because borrowers bring their own preferred vendors to the closing table. These new closing agents and their data often pass-through manual processes with the lender’s vendor management, processing, and funding teams. This adds several days to overall turn times and creates growing data management problems for LOS administrators. We believe in the value of a trusted local title agent and aim to make closing with any agent as simple and integrated as a refi transaction.” said Brian Ostrowiak SVP of Closepin.
The ClosepinAPI gives lenders instant access to over 65+ validated and commonly requested data points from closing agents which can be integrated with any LOS system. Data is provided by the closing agent and verified by Closepin, giving lenders a continuously updated source of truth. This eliminates the time needed for email-based communications, manual data entry, PDF forms/surveys, and correction of duplication errors with thousands of closing agents.
For Closing Agents these efficiencies translate into simpler closings with more lenders, and full control of their company data. Closepin is 100% free for title agents, attorneys, and escrow agents to use. The Closepin agent success team consults agents on how to maximize their free profile to ensure accurate data is provided to the Closepin lender network. Closepin is the largest platform with compliance data provided by self-registered closing agents.
About Closepin: Closepin provides instant access to accurate data from thousands of closing agents. An easy-to-use web-platform connects closing agents with thousands of lenders, and the ClosepinAPI powers seamless integrations with lender LOS systems. For more information visit https://closepin.wpengine.com/
Send media Inquiries to: Samantha Weaver, samantha.weaver@closepin.com