The Pioneer & Industry Leader
ClosingCorp pioneered its SmartGFE Service over seven years ago; and just as we delivered data on the GFE blocks 4 through 8 plus appraisal, we now deliver sections C, E, H and appraisal in block B on the Loan Estimate (LE) with SmartFees.
Using SmartFees, lenders nationwide receive validated fee information to populate a LE and CD mandated by the TILA-RESPA Integrated Disclosure (TRID) rule. Additionally, this enhanced service still delivers the required RESPA-compliant Good Faith Estimate (GFE) and HUD-1 data for applicable loan types.
See Why It’s the Lenders Choice
At ClosingCorp, we think getting accurate disclosure data should be simple. With most solutions, however, it’s anything but. Manual entry requirements, multiple user inputs, and limited automation make for a complex, time-consuming and work-intensive process. All for data that’s anything but reliable.
SmartFees integrates loan file information, transfer tax, recording data, service fees and lender business rules and requirements, all in a single, seamless process. All with one click, and all in less than a minute. And unlike other solutions, this service produces actual data, not estimates.
This award winning product comes with a complete audit trail from the original quote given to a borrower to subsequent documents that are revised due to changes in circumstance.