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HOME>Servicing>Services>Web-based Closings
Web-based Closings
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ClosingStream has been developed by LPS' LSI division as the first viable Web-based closing solution for the lending industry.
- Streamlines standard closing process into 10 easy steps
- Scheduling of closing occurs at time of application
- Eliminates the need for a third party to the closing event – allows the lender/broker to attend to, and manage more consistently, the closing process
- Document changes can occur at the closing table to reduce document execution errors
- Closing event can be recorded and archived for future review and quality assurance purposes
- Available for the following loan types:
- First mortgage refinance transactions
- HELOCs
- Wholesale/broker transactions
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