Blend’s Instant Home Equity product offering, released in 2022, is reducing a previously weeks-long process into just days by decreasing manual touchpoints and automating the origination process. Blend is helping financial providers quickly deliver the modern experiences their customers expect and helping more people can reach their financial goals. Blend’s single, configurable platform turns a manual, 30-plus step process from application to funding into a simple, automated process that can be completed in about three steps.
Blend also allows customers use automation to help banks meet rising consumer demands in a competitive market and win market share by reducing processing times from weeks to days. Using this platform, banks can deliver instant pre-approvals through an optimized, comprehensive solution that integrates instant verification for identity and income.