LO Toolkit - Key features - Pre-approval letter

The pre-approval letter is generated after running DU. It can be sent directly from the Lender Toolbar or from the DU Results screen, after running DU. 

• Pre-approval letter from the Lender Toolbar
• Pre-approval letter after post submit
• Pre-approval letter from the DU Results screen

Pre-approval letter from the Lender Toolbar

1. Click the Send Letter on the Lender Toolbar within the Application tab.

2. Add any additional message in the Message to borrower box, if needed.

3. Select the name(s) you wish to send the letter to.

4. Click Preview to view the letter before sending, if desired. 

5. Click Send letter. 

 Note: The borrower will receive an email from DocuSign if they don't have a Blend account. Otherwise, the letter will be added to their Docs tab directly without a notification. 

Pre-approval letter after post submit

1. Click the Edit letter on the Lender Toolbar within the Application tab.

2. Add any additional message in the Message to borrower box, if needed.

3. Select the name(s) you wish to send the letter to.

4. Click Preview to view the letter before sending, if desired. 

5. Click Send letter. 

  TIP: Click the Preview button to view the letter before sending or click the View letter link to view the letter after it is sent.

 Note: Once TRID is triggered, you will not be able to generate a pre-approval letter post-export.

 Note: This feature is currently available to Pre-Approval Builder customers only.

Pre-approval letter from the DU Results screen

 1. Click Send pre-approval from DU results screen after running DU. 

2. You can write a personalized message to the borrower, if desired. 

3. Select the name(s) you wish to send the letter to.

4. Click Preview to view the letter before sending, if desired. 

5. Click Send letter. 

The system will display a confirmation notification on the Pipeline screen for sending the pre-approval letter.

 Note: Once TRID is triggered, you will not be able to generate a pre-approval letter post-export.

 Note: This feature is currently available to Pre-Approval Builder customers only.

Sample pre-approval letter

 Note: Various components of this letter can be customized. Reach out to your Blend Account Manager for more detail.

 Resources:

PAB - Workflow

LO Toolkit - Navigation - Toolbar, sidebar & responsiveness

LO Toolkit - Key features - Credit

LO Toolkit - Key features - Liabilities

LO Toolkit - Key features - Pricing- Optimal Blue

LO Toolkit - Key features - Pricing- Check rates through Optimal Blue

LO Toolkit - Key features - Monthly housing expenses

LO Toolkit - Key features - Details of transaction

LO Toolkit - Key features - Automated underwriting system/Desktop underwriter (AUS- DU)

DISCLAIMER: All mentioned features on this page may not be applicable to your institution, please reach out to (support@blend.com) for more information on what features are enabled for your use.