Mortgage Loan Origination Software (LOS)

Stability with Your LOS Vendor is Business Critical.Don’t Fall Prey to Instability

Posted by Frank Bocchino on Sat, Mar 31, 2018


If you’re concerned with your LOS vendor’s stability, take a look at OpenClose. Founded in 1999, OpenClose has remained under the same private ownership since its inception, with a long-standing leadership team, and an incredibly low employee attrition rate. OpenClose is constantly innovating and has developed a highly service-oriented customer support structure which handles the onus of configuration and implementations for lenders along with extensive system training.

OpenClose offers a 100% web-based, multi-channel LOS that automates the wholesale, retail, correspondent and consumer channels. OpenClose customers range from medium to large-size lenders, banks, credit unions and conduit aggregators. The platform is very flexible and highly scaleable. And, we’re not going anywhere.

Nothing Comes Close to OpenClose’s LenderAssist™ LOS, Customer Support Model, and Company Structure:

  • 100% truly SaaS and browser-based LOS; NO installs whatsoever
  • Comprehensive multi-channel capability via a centralized platform
  • Intuitive and easy-to-use
  • Swift, easy implementations - we do the "heavy lifting" for you
  • Robust analytics reporting and dashboards
  • Flexible workflow configurations with the ability to add custom work queues
  • Customized pricing sourced from your investors and integrated into the LOS
  • System-to-system integrations with leading 3rd party technology vendors
  • Same ownership since 1999 with a long-standing management team


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