That means lenders using the two systems now have the ability to provide real-time mortgage offers and confidently guide borrowers through the mortgage loan process.
Through the Blend platform, lenders can provide a more transparent online mortgage experience to improve borrower conversion and increase efficiency.
With the Mortech integration, lenders using the platform will have more flexibility and control over custom pricing configurations for eligible products returned to consumers using the Blend application.
Borrowers will also receive up-to-date mortgage rate offers from lenders through the integrated platform for a more streamlined mortgage application workflow.
“Borrowers shopping for mortgage financing continue to demand a combination of guided online self-service tools with personal and professional support,” says Doug Foral, general manager at Mortech, in a release. “Mortech and Blend can better deliver real-time mortgage pricing and investor data to provide direct mortgage products and pricing to borrowers and enable lenders to make borrower-specific loan product decisions.”
“We’re committed to providing the most efficient path toward homeownership, and partnering with mortgage technology leaders like Mortech allows us to deliver on and exceed consumer expectations,” adds Brian Martin, head of business development at Blend.