Updated Loan Cost Worksheet Flow

Posted 13 days ago by José Gómez

J
José Gómez Admin

Available: Beta 10/18, Prod 11/15

 

How to turn on

This feature will automatically be turned on for all customers on the dates listed above.

 

Purpose of Update and Benefit

Due to the migration from Docusign to OneSpan, we are updating the loan cost worksheet (LCW) flow to require that all borrowers view the LCW in their loan hub. If a borrower has not yet activated their account, the loan team will be required to invite the borrower first.

These changes will only affect customers who use the loan cost worksheet in their Blend environment and are mandatory, as they are a result of our migration to Onespan.

 

Current Behavior

Currently, if a borrower has not yet activated their account, the LO can still send the borrower an LCW. The borrower receives an email from Docusign, where they click on a link to view the LCW.

 

New Behavior

Borrowers will need to activate their loan hubs before they can access the LCW. If they have not done so, the loan team will need to invite the borrower to the application and wait for them to activate before the LCW can be delivered.

See the product guide for updates to the borrower and lender flows. If you cannot access this guide via this Google Drive link, contact Blend Support or your Blend representative.

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