Mortgage Loan Origination Software (LOS)

A Mortgage Software Company is changing pricing procedures...

Posted by Frank Bocchino on Wed, Dec 05, 2012

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I just received an email from a concerned lender regarding the mortgage software his company is using. He said the vendor intends to force them to give up their existing system for a new loan origination system. And that was the "good" news.

Making matters worse was that the vendor is going to start charging customers per loan. For large lenders, it could mean an increase of 300% in monthly costs.

OpenClose provides flexible fee options that make economical sense. Get started with us now, and depending upon your company size, we can get you on the implementation schedule for early next year. Whether you're a bank, lender, or credit union, utilizing OpenClose -- an all Web-based solution from loan pricing through post closing -- is a smart decision. Register for a demo at


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Topics: Mortgage Software, Loan Origination system, mortgage software company

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