DirecFunds is excited to announce the initial release of our newest solution designed specifically for settlement agents and title professionals: Consumer Funds to Close — a secure, web-based platform that makes receiving good funds easier than ever.
For decades, the industry has relied on outdated, stressful, and risk-prone wire transfers to move closing funds. The process has become increasingly vulnerable as fraud schemes evolve, bank cutoff times disrupt closings, and consumers struggle to navigate unclear instructions. Settlement agents ultimately shoulder the burden, fielding phone calls, chasing confirmations, and resolving avoidable delays.
With Consumer Funds to Close, DirecFunds eliminates these challenges and delivers a modern, secure, compliant, and streamlined process for both consumers and settlement professionals.
Why the Old Way No Longer Works
Traditional wire transfers create unnecessary stress and uncertainty for homebuyers and settlement teams:
Escalating Wire Fraud
Wire fraud is rising at alarming rates across the real estate industry. Criminals intercept emails, spoof identities, and manipulate wiring instructions—often resulting in devastating financial losses.
Bank Cutoff Times
Buyers frequently find themselves rushing to the bank at the last minute, only to be blocked by cutoff times that jeopardize same-day closings.
Lack of Visibility
Consumers often worry whether their funds arrived safely and on time, while settlement agents scramble to track receipts and verify transfers.
Preventable Delays
Phone calls, troubleshooting, and confirmation chasing add unnecessary friction to the closing process.
A Modern Solution: How Consumer Funds to Close Works
DirecFunds replaces outdated wire transfers with a secure, intuitive, fully authenticated system that provides true peace of mind.
Here’s how it works:
- The consumer logs into the DirecFunds Secure Portal at DirecFunds.com.
- They enter their personal and banking information to be authenticated.
- DirecFunds completes extensive fraud checks to verify all parties involved.
- Good funds are transferred directly from the consumer’s bank account to the settlement agent—smoothly, securely, and without the stress of wiring instructions.
The result?
A safer, faster, more transparent way to move funds for closing.
Why Settlement Agents Love It
Consumer Funds to Close delivers:
- Enhanced security backed by Federal Reserve governance and SOC II compliance
- A faster process with no bank visits and no cutoff-time risk
- A consumer-friendly experience that reduces confusion
- Fewer inbound calls and status checks for your team
- More reliable closings with fewer delays
This is the future of good-fund delivery — built for title and settlement professionals who demand accuracy, compliance, and efficiency.
Questions? We’re Here to Help
If you have any questions about the platform or looking to register, please contact:
Ron Frederick
Ron.Frederick@DirecFunds.com