Lender Price and Blend Integrate to Improve User Experience for Digital Lending Processes

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PASADENA, Calif., December 17, 2021 (SEND2PRESS NEWSWIRE) – Lender Price and Blend have teamed up to deliver an enhanced digital experience for financial services companies and consumers. The integration pairs Blend with Lender Price’s FLEX pricing product via APIs to provide personalized pricing questions that will help a consumer find the right loan schedule and rate. Lender Price’s pricing engine is used by many leading lenders as a central pillar of their digital transformation strategy. The integration of Lender Price and Blend can provide a simple and efficient user experience for originators, and further customize and streamline consumer loan requests through Blend’s cloud banking platform.

Lender Price is constantly innovating to help technology partners deliver the best mortgage pricing experience to consumers and loan originators. In an industry where lenders want to have an edge over their competition, Lender Price offers a unique opportunity to stand out from the crowd with increased efficiency, transparency and user-friendly experience. By offering rates and prices early in the loan process and throughout the execution process, Lender Price’s pricing engine helps streamline the mortgage creation process and increase conversion rates.

“We are delighted to partner with Blend. Our integration provides our mutual clients with a powerful user experience for both requesting consumers and loan originators using Blend’s platform, ”said Dawar Alimi, CEO and co-founder of Lender Price. “The mortgage industry is about to transform dramatically. Lender Price helps lenders prepare for disruption by providing the most innovative mortgage experience on the market. With our FLEX mortgage pricing APIs, lenders can offer originators and borrowers a digital mortgage experience based on powerful, easy-to-use and customizable mortgage pricing features.

“Consumers want a simple, personalized answer to a complex question in the mortgage origination process: ‘What are my options? ”Said Jeff Braddock, Business Development at Blend. “Accurate and timely pricing data allows mortgage bankers to focus on building trust and understanding consumer needs and aspirations. Our ability to provide an engaging experience for consumers and mortgage bankers has been a key part of our partnership with Lender Price. “

Several lenders are excited to launch the Lender Price / Blend integration, including LHM Financial Corporation, an innovative mortgage lender based in Scottsdale, Arizona. “LHM’s consumer promise is to provide exceptional mortgage services to the clients and the communities we serve. We believe that using Lender Price integrated with Blend’s cloud-based banking platform will help us deliver on our promise while improving borrower engagement for our Consumer Direct and Retail channels, ”said Chris Lagerblade, President of LHM.

About the lender’s price

Lender Price is a California developer of mortgage technology, including an advanced product, pricing and eligibility (PPE) engine, digital loan point of sale (POS), and non-agency automated underwriting engine. Lender Price provides all types of mortgage lending institutions – wholesale and correspondent lenders, banks, credit unions and mortgage brokers with cutting-edge technology designed to eliminate friction, increase transparency and effectively interact with borrowers. You can find more information about the lender’s price at: https://lender chauffage/.

About the mixture

Blend’s cloud-based banking platform is designed to power the end-to-end customer journey for any banking product, from app to close. Our technology is used by Wells Fargo, US Bank and more than 330 other financial services companies to acquire more customers, increase productivity and deepen relationships. Through our software, we enable our clients to process an average of over $ 5 billion in loans per day, helping consumers get into their homes and access the capital they need to lead better lives. To learn more, visit https://blend.com/.

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