TrueClose, LLC has put a new twist on the application service provider model. The company is offering its TrueClose Loan Origination Platform using a “software as a service,” or SaaS business model. TrueClose says its Loan Origination Platform is the first Web-based loan origination system designed for the mortgage industry to be delivered in the SaaS model. The system manages the entire mortgage process from lead to close and allows originators 24 hour