ClosingCorp’s SmartCalc closing costs calculator will now be available on ValuAmerica’s website. ClosingCorp, a provider of closing cost data and technology for the mortgage and residential real estate industries, announced the integration with ValuAmerica, an appraisal, title, closing, and settlement services provider, at the end of January.
“ValuAmerica is committed to helping our clients accurately estimate the fees and taxes that go into mortgage transactions and to make this information easy to access and consume, said Shawn Murphy, EVP of ValuAmerica. “ClosingCorp’s SmartCalc will automate this process and make it available 24/7 to our clients nationwide.”
With SmartCalc, lenders and real estate agents can access accurate online quotes with title and settlement rates, transfer taxes, and recording fees. Lenders can use SmartCalc to obtain loan estimate and closing cost documents. Real estate agents can offer sellers a view of buyer and seller fees, and access a Seller Net Sheet that details title, settlement services, transfer tax, recording fees, and commission for the closing.
“We designed SmartCalc for leading edge title companies, like ValuAmerica, that are committed to accuracy and expediting the origination and closing process. SmartCalc will enable clients and advisors, such as Realtors®, lawyers and accountants, to find the information they need to keep their borrowers and sellers fully apprised of closing costs throughout the home buying/sales process,” said Gerardo Caceres, SVP of Data Operations and Product Management of ClosingCorp.