from Residential & Commercial Real Estate
ClosingLock is modernizing the real estate world's way of transferring information to eliminate wire fraud and protect buyers, lenders, real estate agents, and closing companies from loss.
Built for security & simplicity.
Closing companies provide us their wire transfer instructions and designate Users who simply select the appropriate wire transfer instructions for each buyer or lender.
Closing company Users can add, notify, and delete buyers and lenders from the system. Closing companies also designate Admins who can add and remove other Admins/Users.
No account creation or registration is required. To retrieve the wire transfer instructions, buyers and lenders simply log in on their own time using their email address and closing company.
Buyers and lenders can only view the wire transfer instructions for their transaction(s) and all information is securely protected. No more "secure" emails or tedious phone calls required!
All security. No hassle.
All wire instructions and other files are encrypted using the Advanced Encryption Standard (AES) with 256-bit keys. AES is approved by the NSA and this encryption allows you to stay compliant with the CFPB and ALTA's Best Practices.
Logins are guarded by Google's reCAPTCHA, which prevents bots from performing brute-force dictionary-based attacks. In addition, front and back end systems automatically block malicious IP addresses which try to spam our servers.
We have strict password requirements for Users, making it difficult for hackers to brute-force. All passwords are hashed before being stored, making it impossible to decipher. Best of all, no passwords are required for buyers or lenders.
Closing companies have complete control of access to their account. Unlike email, which every closing company employee has, there is a limited number of employees with access to ClosingLock. Fewer accounts means fewer targets.
Used nationwide every day.
What else does ClosingLock offer?
Upload and share documents with clients; allow them to send docs back, all within the same simple program!
Send out automated text notifications any time new documents or changes have been made to a client's file. The texts will prompt the client to login to ClosingLock to look at new documents.
Our system instantly verifies email addresses and phone numbers, to make sure they are valid. If a digit is missing, or letters are transposed, the system will prompt you to review the invalid entry.
Include any personalized message you want to send to your client: closing costs, due dates, property address, or a quick thank you.
Protect your clients with an additional security step.
Property buyers who log in to ClosingLock to receive their wire instructions will receive a passcode via phone number provided to the closing company. Clients can choose to receive the passcode via text message or automated phone call, using Google’s newest text-to speech API. The passcode locks down the client login to prevent unwanted access, and best of all, it is free of charge for our customers!
Please note that the passcode feature is optional, and closing companies must specifically request for ClosingLock to enable it.
Your brand matters.
Rebrand our service to your company. Receive a custom login portal/URL, and send automated texts/notifications which read
“YOUR COMPANY has uploaded wire instructions to YOURCOMPANY.closinglock.com. Please check your email for details.”
In addition, emails will come from [email protected]
Consolidate your pre-close and post-close processes into one simple system!
Simplify all of your data entry by entering your pre-close and post-close data into the same system - ClosingLock! Host your client's post-close documents with ClosingLock and pay the industry's lowest rates.
Used by nationwide lenders every day.
Try out the service for as many or as few transactions as you'd like. If for any reason you are not completely satisfied, cancel anytime.