Imagine a funding platform that allows funds to arrive at closing in real-time, 24/7, even when that time is outside of the Federal Reserve’s wire cutoff. FirstFunding®, a First American Company, offers warehouse lending facilities to correspondent lenders, community banks, credit unions and secondary-market investors.
FlexClose Funding is a one-of-a-kind platform that improves the funding process by freeing the lender and escrow agent from the limitations of the Federal Reserve’s standard daily cutoff time.
As a title agent, you know that building relationships with a borrower’s real estate agent and lender helps ensure a customer-centric closing. FlexClose certified title agents offer an edge to lenders, real estate agents, and borrowers through:
A traditional closing depends on multiple disinterested parties and the Federal Reserve. Coordinating through separate parties takes time. Using the security and convenience of the First American ecosystem, FlexClose involves fewer steps and more flexibility.
Typical time to fund: 1 – 3 hours
Typical time to fund: 5 – 15 minutes
First American Title Insurance Company makes no express or implied warranty respecting the information presented and assumes no responsibility for errors or omissions.
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