FirstClose, a provider of technology solutions for mortgage lenders nationwide, announced its recent corporate expansion, securing five new community and federal credit union clients and hiring four new employees in the last 30 days.
Its new credit union customers include Bremerton, Wash.-based Kitsap Credit Union, Edgewood, Ky.-based Cove Federal Credit Union, Santa Cruz, Calif.-based Santa Cruz Community Credit Union, Birmingham, Ala.-based Alabama Central Credit Union and West Lafayette, Ind.-based Purdue Federal Credit Union.
Each credit union is implementing the FirstClose Report, a comprehensive home equity and refinancing tool that provides lenders with the information they need in order to close home equity and other types of loans. Now, these financial institutions are able to receive credit, valuation, flood, tax and title data within a single report.
To accommodate this recent growth, FirstClose increased size internally with the hire of four new employees. Among these new employees includes two additional members of the valuation team who will be instrumental in executing desktop valuations due to the increased client base. These additions enable FirstClose to continue to provide exceptional customer service and premier product offerings.
“We have experienced tremendous growth this month and our hope is that these new deals reflect our ability to meet the needs of lenders in a uniquely holistic way,” said Tim Smith, co-founder and president of FirstClose. “We anticipate continuing this pattern of growth while maintaining our high level of quality customer service.”