Software-only or services-supported
Clarify whether the institution wants to complete audits internally, receive outsourced audit results, or manage both in a shared system. That decision changes the most important evaluation criteria and the likely total cost.
Where ExactClose differs
ExactClose starts with standard CSV, mortgage XML, and PDF files; preserves the sample and evidence chain; runs bounded deterministic checks; and keeps all final dispositions with the lender's qualified reviewer.
Compare with the same cycle
Ask each vendor to demonstrate population import, sampling, a complete file, a rebuttal, a reverification exception, management reporting, and export. Confirm current pricing, integration, and service requirements directly from the vendor.
Keep decisions human and evidence explicit.
Compare responsibility, evidence, implementation, and total cost before comparing feature counts.
Confirm requirements against current source material.
Requirements and vendor capabilities change. Confirm the current source and your approved QC plan before changing a production process.