Today, Mortech, a Zillow® Group business providing
mortgage technology solutions for mortgage lenders and secondary market
teams, announced a new integration between Mortech’s
product and pricing engine (PPE) and Blend, a Silicon Valley
technology company bringing mortgages into the modern age. The
integration provides lenders using Blend and Mortech the ability to
provide real-time mortgage offers with an online mortgage platform to
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,” said Doug Foral, general manager at Mortech.
“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
“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,” said
Brian Martin, Head of Business Development at Blend.
Mortech supplies thousands of mortgage
professionals with a number of services and tools, such as all-in-one
pricing, rate notification, prospect management tools, custom rate
sheets, loan product eligibility and guideline services. Founded in
1987, Mortech is based in Lincoln, Neb. and is owned and operated by
Zillow Group, Inc. (NASDAQ:Z and ZG).
Zillow and Mortech are registered trademarks of Zillow, Inc.
For more information visit: http://www.mortech.com/
Blend makes the process of getting a loan
simpler, faster, and safer. With its industry-leading digital lending
platform, Blend helps financial institutions like Wells Fargo and U.S.
Bank increase productivity and deliver exceptional customer experiences.
The company regularly processes nearly $2 billion in loans daily,
helping millions of consumers get into homes and gain access to the
capital they need to lead better lives. To learn more, visit blend.com.