February 13, 2023
KeyBank has selected Blend, a software platform provider, to deliver a faster mortgage application process. With the digital service, customers are able to close home loans 17 days faster on average, according to a press release.
With Blend, customers can upload documents, review and sign disclosures and receive reminders for missing information.
"Blend's goal is to personalize a consumer's homeownership journey with options that meet their individual needs," Nima Ghamsari, co-founder and head of Blend, said in the release. "Our collaboration with KeyBank furthers our efforts to provide better lending for all, and we're excited to provide technology that will help current and future homeowners stay ahead of changes in today's market."