Blend and FGMC + Goodmortgage: a Partnership Powered by Innovation
Blend digital mortgage experience will streamline workflows for Goodmortgage lenders and borrowers through new partnership
DALLAS, March 26, 2019 /PRNewswire/ -- First Guaranty Mortgage Corporation today announced its partnership with Blend for its direct-to-consumer division, Goodmortgage, to build a simpler and more sophisticated online mortgage process. Blend is an online and mobile-based platform that streamlines consumer lending processes resulting in an easier, quicker, and more transparent experience for consumers and loan officers.
Blend's advanced and secure technology simplifies many of the complexities of the mortgage process for borrowers and loan teams. Its uniquely-designed workflow gathers a more complete and accurate financial profile of prospective borrowers, securely accessing the most updated and factual information while cutting down on paperwork and loan approval timelines. With its intelligent flow of information and ability to connect the loan officer and the borrower, Blend allows loan officers to meet the many and various needs of borrowers while delivering meticulous and timely results.
"Blend's goal is to create a more intelligent, data-driven lending ecosystem where consumers can get approvals in one tap," said Blend Head of Client Operations Brian Kneafsey. "Partnering with innovative lenders like FGMC allows us to work together to provide a best-in-class user experience that borrowers love, while driving major efficiency on the lender side."
Today's home buyers have unique needs that FGMC meets with both innovative technology and mortgage expertise. The partnership with Blend will further the innovation built into FGMC's identity.
"FGMC believes in thinking outside the box and is thrilled to embark on this journey to improve the digital mortgage experience for our Goodmortgage borrowers and mortgage loan officers," FGMC Chief Information Officer Joe Hamilton said. "We are excited to begin our partnership with Blend, not only to provide our consumers with an improved loan experience, but also to build efficiencies and cost reductions that will translate into savings for the borrower."
FGMC + Goodmortgage's goal is to create mortgage loan solutions that are personalized to the borrower and help them to reach their homeownership goals. This partnership will benefit everyone involved from start to finish in the loan process.
About FGMC
First Guaranty Mortgage Corporation is an Equal Opportunity Lender that entered the mortgage space in 1987. FGMC oversees Retail, Wholesale and Correspondent Origination Channels from our headquarters in Plano, Texas and is licensed in 48 states. FGMC acquired Goodmortgage in 2015 with a mission of helping borrowers by providing unique solutions to fit every customers' individual needs.
For more information about FGMC + Goodmortgage, visit fgmc.com or goodmortgage.com. First Guaranty Mortgage Corporation dba goodmortgage.com. 5800 Tennyson Parkway, Suite 450, Plano,TX 75024. NMLS ID 2917.
About Blend
Blend is a Silicon Valley technology company propelling the $40+ trillion consumer lending industry into the digital age through partnerships with banks, lenders, and other technology providers. Blend's cloud-based 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, Founders Fund, Andreessen Horowitz, 8VC, Lightspeed Venture Partners, and other leading venture investors. To learn more, visit blend.com.
For Immediate Release:
Contact: Brittany Whitmire, SVP Marketing FGMC
[email protected]
SOURCE First Guaranty Mortgage Corporation
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