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Horizon Bank Selects Blend To Upgrade Mortgage Lending Experience
Technology partnership to enhance customer experience and boost loan officer productivity SAN FRANCISCO--(BUSINESS WIRE)-- Horizon Bank, an $8 billion
About this update from Horizon Bancorp, Inc.
[{"type":"text","content":"\nTechnology partnership to enhance customer experience and boost loan officer productivity\n\n\n SAN FRANCISCO--(BUSINESS WIRE)--\nHorizon Bank, an $8 billion financial institution and division of Horizon Bancorp, Inc. (NASDAQ GS: HBNC), one of the largest independent bank holding companies in the Midwest, today announced a new partnership with Blend (NYSE: BLND), a leading provider of digital banking solutions, to digitally enhance their end-to-end mortgage lending process.\n\n\n“Our goal was to find a technology partner that could enable us to deliver a fast, efficient, and convenient home buying application experience for our customers,” said David Pendley, President Retail Mortgage Banking at Horizon Bank. “Blend's advanced automation and loan officer mobile capabilities made the decision to upgrade a no-brainer.”\n\n\nA Modern Mortgage Application Experience\n\n\nBlend’s Mortgage Suite offers a comprehensive solution that integrates seamlessly with Horizon Bank’s existing infrastructure.\n\n\nBy automating manual workflows and reducing the number of steps borrowers must take to complete their application, Blend’s digital mortgage solution creates a smoother, and more efficient lending experience that enhances the borrower experience, reduces origination costs, and drives operational efficiency.\n\n\nSupercharging Loan Officer Productivity\n\n\nBlend's LO productivity tools will increase the ease and speed at which Horizon’s Loan Officers can serve their customers in this competitive environment.\n\n\nUsing Blend’s platform, Loan Officers can seamlessly perform tasks that include starting applications, pulling credit, structuring loans, granting pre-approvals, and locking in rates. These capabilities are accessible both on desktop via Blend’s LO Mobile App, allowing Horizon Bank’s Loan Officers to manage applications or engage with new leads while on-the-go.\n\n\nA Leader in Mortgage Origination Technology\n\n\nBlend has over 12 years of experience building leading mortgage and consumer lending solutions for hundreds of financial institutions, including 35 of the nation’s top 100 banks by AUM and 13 of the nation’s top 30 mortgage originators by lending volumes. Over 20% of the nation’s total mortgage origination volume share is being processed through Blend’s platform.\n\n\n“We at Blend are committed to empowering financia...