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Real-time, 24/7 funding – any day of the year with

FlexClose® Funding

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.

A Better Closing Experience for Borrowers

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:  

  • Decreased delays – get real-time funding and disbursement 24/7 on any day of the year, even federal holidays
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  • Faster funding – get funding to escrow in 5 – 15 minutes, versus 1 – 3 hours with traditional closing through the Federal Reserve
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  • Reduced risk – fewer touches mean less potential for errors or opportunities for fraud
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Traditional Closing Vs. FlexClose Funding

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.

 

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Typical time to fund: 1 – 3 hours

 

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Typical time to fund: 5 – 15 minutes

Contact Us

Fill out the form below to discover more benefits of becoming a FlexClose certified title agent.