BMO streamlines the close process with Blend | Blend
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September 10, 2024 in Challenges and solutions

BMO streamlines the close process with Blend

Reimagining financial services with efficient, accurate, and customer-centric closings.

Results You’ll See

  • Accelerate time-to-close: The loan closing process was reduced from an average of 9 to 10 days down to roughly 7 days.

  • Eliminate post-closing errors: A previous 15% rate of post-closing errors and delays was completely eliminated through the new electronic process.

  • Empower bankers to be trusted advisors: The digital capabilities free up additional time for bankers to focus on consultative conversations.

Ready to see how BMO Harris Bank drove a 53% year-over-year increase in digital home equity applications?