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Home :: Document Solutions :: Platinum

Proclose Platinum: Closing Docs on the Web

Platinum (on the Web) reads an XML loan file from any LOS and picks the correct program, based on the data. From there, you are lead through the final stages to complete a beautiful PDF set of compliant mortgage closing documents for settlement. Click here for a peek »

  • Reads any MISMO XML. Platinum was built from the ground up to conform to the widely accepted MISMO standard and easily integrates with Calyx Point. The beauty lies in the knowledge that tedious data mapping exercises have all but been eliminated.

  • Real Time compliance in program offerings with documents for all 50 states, delivered in PDF

  • Special Closer-friendly features, like Provider Page Templates to remember your provider information in unique combinations

  • Special Fee handling: Platinum can accommodate an unlimited number of fees; Each fee that comes from your Loan Origination System is automatically mapped to the correct HUD line number. You can add fees in seconds without making any custom request

  • Dynamic Fee Screen and HUD lets you see ONLY THE FEES applicable to the loan. The clean look and feel of that document adds confidence at Settlement and prevents funding mistakes

  • Dynamic Signature Handling - Closers will never again have to work around the lengthy TRUST names. ProClose documents will expand and contract in the presence of the DATA so as to accommodate Trusts, POAs and Non-Borrowers

  • Nice clean screens, intuitive flow, easy on the eyes.

Platinum loans are faster, cheaper, easier and safer. Three key COMPLIANCE points:

  1. Each loan is test in Compliance Ease™ – a product with which you are likely familiar. All loans are tested on the Federal, State and Local level for GSE 5%, Hi Cost, Truth-In-Lending and Prepayment violations
  2. All Calcs are guaranteed
  3. All documents conform EXACTLY to Fannie, Freddie, FHA, VA and Investor standards. Custom Docs are welcome

Our mission is see that Closers can EASILY import a loan into Platinum and get settlement documents RIGHT AWAY! It needs to be easy and it needs to be correct. ProClose Platinum, software as a service, delivers!  Don't Settle with less.

Come for the product, stay for the service. MBS Service Commitment is our unique edge.

"There will never come a day when you think we don't care. I stake my reputation on it."
Christine Kirby,
President and CEO
MBS ProClose

You can try Platinum for free. If you aren't completely satisfied within the first 10 days of placing your order, you will receive a 100% refund. SATISFACTION GUARANTEED.

Tech Specs:

  • 100% Mismo Compliant - interfaces with any LOS exporting a MISMO XML
  • Runs in any browser - completely web based.
  • SaaS model - highly scalable
  • Optional "by-pass calcs and/or edit mode" for LOS data purity
  • Stores Provider information for repeat data overlay (ie servicer, etc)
  • Reporting tool included
  • MERS MIN generator; MERS direct connect upload
  • eDelivery, of course - with tracking; SAS-70® server, 128 bit file encryption
  • Digital signature-ready when market accepts
  • Rules based - the data drives the loan plan selection. No program name mapping, no program selection mistakes!
  • Compliance Ease test runs automatically with each loan with opt out capability

"User delicious":

  • Accommodates TRUST signatures through DSP™ technology. Signature lines expand and contract based on the length of Trust/POA name.
  • Handles multiple borrowers and non-borrowers
  • Handles unlimited numbers of fees; automates HUD line placement
  • Custom docs are easily built into form sets
  • Automatic date calculator prefills where possible
  • Handles escrow ODD DUE DATES
  • Tracks compliance tests, edelivery downloads and MERS registrations

Special Document features

  • Dynamic HUD - means you only see the fees relevant to the particular loan; eliminates eye "noise", easier to read, easier to follow, easier to fund and it makes the borrower feel secure
  • Dynamic signature lines
  • MERS MOM docs
  • Special Settlement Instructions: type additional instructions "on the fly", attach a file from your computer, Disbursement page is highly desirable
  • Add your company logo if you'd like
  • First payment letter has a payment coupon
  • All docs look professional and represent your best: Tight, dark font on clean backgrounds, produced in PDF. (Sloppy, inconsistent, "grainy" documents make you look bad.)

Compliance

  1. ComplianceEase™ testing on all loans
  2. Internal Rules Engine assures proper document selection
  3. Missing Data warnings

See Workflow