Blend Generated Asset Statements are PDFs generated by Blend using the source data from a borrower's financial institutions. These may be used for verifying assets for loans across multiple different programs. Because Blend Generated Asset Statements are generated from this verified data rather than sourced as bank statements, 3rd party verification of deposit firms aren't needed for verification. Instead, Blend Support will re-verify the asset statements used in funding loans.
Asset re-verification process
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1. Lender QC will email firstname.lastname@example.org and provide details of the assets being re-verified.
2. Blend Support will respond with confirmation of balances or details of any discrepancies, and will complete any reasonable request for completion of lender QC forms.
Note: Blend's SLA for response to re-verification requests is five (5) business days.
There is no charge at this time for the Blend Generated Asset Statement re-verification process.
DISCLAIMER: All mentioned features on this page may not be applicable to your institution, please reach out to (email@example.com) for more information on what features are enabled for your use.