Blend and PRMG Expand Relationship Beyond Mortgage Origination to Include Closing, Title, Income Verification, and Homeowners Insurance

–Blend , a leader in cloud banking software, announced its expanded relationship with Paramount Residential Mortgage Group, Inc. , a privately held mortgage banker and residential home lender, to bring seamless, efficient experiences to more pieces of the homeownership journey, including mortgage origination, closing, title, income verification, and homeowners insurance.

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In addition, PRMG is taking advantage of Blend’s next-generation Encompass integration, LO Toolkit (a one-stop shop for loan officers), and real estate agent mobile application, underscoring their commitment to digitizing the end-to-end mortgage process and supporting loan officers with the best technology.

“PRMG is in its second full year of partnership with Blend. We have watched them become the world-class leader not only as a point-of-sale, but for the entire end-to-end borrower experience,” said Kevin Peranio, chief lending officer at PRMG. “A good chunk of our retail division is already funding loans on Blend and we expect utilization to continue to increase quickly. Between the approval of Blend Income and Asset Verifications by both Fannie and Freddie, and Blend’s status as a Day One Certainty-accepted vendor, we are confident that this extended partnership with Blend will take PRMG’s efficiency in underwriting to a whole new level. There’s simply no better platform in this space than Blend.”

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By increasing efficiency for loan officers, processors, and closing teams, Blend leaves more time for PRMG’s loan teams to work one-on-one with customers. With Blend, loan officers can offload repetitive tasks, streamline the application and approval process, and deliver exceptional experiences for consumers.

“PRMG is always challenging industry standards and raising the bar on what it means to be a leader in the lending industry,” said Nima Ghamsari, co-founder and head of Blend. “We are excited to provide them with technology to power their mortgage offering and look forward to supporting additional needs throughout the homeownership journey, so PRMG can continue to meet rising consumer expectations for simplicity and personalized experiences.”