Blend: Better Lending Through Intelligent Mortgage Technology

blend mortgage lending technology

Blend is a workflow-based digital platform that uses data-powered intelligence from verified reporting services to build a better workflow and better communication system with customers. By incorporating a higher standard of quality data behind the scenes, and a more understandable process for borrowers online, Blend produces more accurate loan files and accelerates the loan process. Blend purports to reduce the typical loan process by at least 7-10 days on average.  Based in San Francisco, California, Blend was founded in 2012 out of a desire to update the mortgage lending processes through better, more streamlined technology. The company’s investors include Greylock Partners, Emergence Capital, Andreessen Horowitz, Conversion Capital, Formation 8, NYCA and Lightspeed Venture Partners. Blend’s ability to streamline the loan process and simplify the customer experience has allowed the company to clear three successful rounds of funding and acquire a steady stream of impressive customers.

Blend’s current lending customers include:

    • LendUS
    • Blue Hills Bank
    • Mountain America Credit Union
    • Camden National Bank
    • SWBC Mortgage

The Blend digital platform can integrate data from Encompass, Optimal Blue, Fannie Mae, Equifax and Plaid as well as some lead generation, documentation, analytics, CRM systems and insurance companies. This allows for centralization of all your needed information in one place with one access point. Blend also can automatically generate reports for auditing and compliance purposes.

In addition to being a tool for lending teams, Blend offers support to mortgage brokers by allowing brokerages to increase their brand marketing and streamline their processes.

Blend’s current mortgage partners include:

    • AFR
    • AIME
    • Caliber Home Loans
    • Flagstar Bank
    • UWM

For more information on Blend, and to request a demo, click here.