Blend Digital Lending Platform

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Overview

Blend’s digital lending platform makes it easy for consumers to apply for loans and open accounts through any channel or device.

Our offerings include:

  • Mortgage Suite - provides an end-to-end digital mortgage experience through a single platform from application through to eClose
  • Consumer Banking Suite - streamlines consumer loan applications and account openings, while harnessing data to support instant pre-approvals and personalized product offers

Key Features

Our products are built on a modular platform with components that can be rapidly assembled into unique customer journeys without writing code. Key platform components include:

  • Consumer and Lender Experiences - enable consumers and loan teams to collaborate on originations from application to close through a single portal
  • Blend Verification - combines data from trusted sources to streamline verification of assets, income, employment, and identity
  • Blend Intelligence - uses AI and data-driven workflows to eliminate processing tasks and automatically resolve issues that can cause delays
  • Blend Decisioning - enables instant pre-approvals to support faster loan cycles and cross-product promotions
  • Blend Personalization - allows lenders to personalize offers based on data captured through loan applications
  • Product Configurator - enables rapid development of unique customer journeys without writing code
  • Marketplaces - provide consumers with the ability to rapidly select the best service providers to support their buying journey
  • Partner Integrations - enable seamless connections to back-end systems, external service providers, and investors through pre-built integrations and APIs

Key Benefits

  • Deliver exceptional customer experiences - provide seamless lending experiences across digital, phone, and branch channels

  • Deepen customer relationships - raise customer NPS scores and use new insights to drive personalized offers

  • Increase pull-through rates - make it easy for consumers to connect their financial data sources and complete tasks online

  • Acquire more customers - free loan officers to focus more of their time on finding new customers and serving as a trusted advisor

  • Shorten loan cycle times - automate and eliminate the manual steps that delay approvals and timely closings

  • Reduce lending costs - increase loan team productivity and handle more loans per person

  • Expand market reach - expand access to underserved consumers who prefer to engage online

Product/Service details