New Partnership provides seamless, simplified experience for borrowers and lenders
COSTA MESA, CALIF — LendingQB, a provider of SaaS loan origination technology solutions, today announced a new partnership with Blend, the Silicon Valley technology company propelling consumer lending into the digital age.
Through this partnership, Blend’s technology platform will integrate with LendingQB’s Web-based loan origination system (LOS), enabling lenders that work with LendingQB to easily deploy a digital mortgage experience for borrowers and loan officers.
“Advances in digital lending are allowing us to provide powerful tools to people looking for mortgages,” said David Colwell, vice president of LendingQB strategy. “Integrating our configurable LOS with Blend allows us to create a much more efficient and transparent system across the board. Lenders and borrowers both enjoy the advantages of user-friendly experiences.”
Blend’s digital mortgage platform completely streamlines lenders’ workflows, ensuring compliance and helping improve time-to-close metrics by providing a more accurate, holistic view of a borrower’s financial profile. In turn, borrowers receive a modern, transparent experience that allows them to complete an application from any device and get approved much more quickly.
The Blend platform offers the flexibility for lenders of all shapes and sizes to take advantage of the latest technology and best-of-breed user experience. Coupled with LendingQB’s innovative solution, implementation of both tools is faster and easier than before.
“Blend’s goal has always been to bring more simplicity, and transparency to the entire mortgage ecosystem,” said Nima Ghamsari, CEO & co-founder of Blend. “Partnering with LendingQB is another step towards bringing industry-wide change, and our work together will help lenders deliver a world-class home buying experience to borrowers.”
Blend is a Silicon Valley technology company transforming the consumer lending ecosystem. Blend’s technology delivers speed and efficiency to lenders, so they can serve the modern borrower and safely navigate the industry’s changing rules and regulations. Founded in May 2012, Blend is backed by Greylock Partners, Emergence Capital, 8VC, Founders Fund, Andreessen Horowitz, Lightspeed Venture Partners, Nyca, Max Levchin, and other leading venture investors. To learn more, visit blend.com.
LendingQB is a provider of Lean Lending solutions for residential mortgage banking organizations. The Lean Lending solution consists of a 100 percent web browser-based, end-to-end loan origination system, best of breed integrations with key industry partners and ‘adoptimization’ services that result in faster cycle times and lower costs per loan. For more information, please call 888.285.3912 or visit www.lendingqb.com.