ClosingCorp has announced new enhancements to its SmartGFE Calculator. The tool now provides discounted refinance (reissue) rates and conditional fees, and features single sign-on capabilities, improving the convenience of the application by only requiring users to enter one log-in to access the calculator when it is embedded within a secured, third-party Web site. The SmartGFE Calculator only requires answers to questions that are critical to calculating accurate discounted refinance rates for each title company.
“When embedded onto secure Web sites, single sign-on makes using the tool incredibly convenient, as users only have to log onto the system once,” said Tim Armbruster, chief technology officer for ClosingCorp. “We are not only committed to seeking customer input regarding our products, but are also truly dedicated to acting on those recommendations and enhancing our offerings. The ability to generate discounted refinance rates and conditional fees based on a specific location are two features that are critical to our clients’ businesses, and we continually strive to ensure that our products deliver the functionality mortgage professionals need today.”
By also including conditional fees, the calculator now allows title agencies with several locations to manage the multiple fee structures and deliver accurate rates based on county, region or zone.
“We make every effort to create the best user experience possible with all of our products, which is the reason for continuously improving capabilities and adding features such as single sign-on,” said Bob Hart, vice president of sales for ClosingCorp. “By taking the time to identify only those questions that are relevant to delivering accurate discounted refinance rates and conditional fees, we ensure that busy loan officers and title professionals are not burdened with answering any unnecessary questions. Through these extra steps the SmartGFE Calculator gives title companies the most user-friendly, precise way to deliver title and settlement rates, recording fees and transfer taxes to their lender clients.”