The Application Tab

The Application screen is a section in the loan application where you are able to add/edit/view the borrower's information, as well as Pull Credit and run DU (these features need to be enabled).

The Application Tab

When creating a new application, you will have the option to "Fill out application on behalf of borrower". Selecting this option will present a streamlined data entry experience in the Application screen to pre-fill before inviting the borrower to complete their application in Blend.

Resources:

Start an application

Enter an application on behalf of a borrower and request Follow-Ups

Send an invitation to apply to a borrower

Important Notes:

• You can come back to the Application screen and save changes you have made as many times as you like by clicking Save Changes. 
• Once you invite your borrower and they activate their account, the Application screen will be locked. You will have to Co-Pilot with the borrower to make any changes, or you can Take Over. Taking Over the application will push the borrower to post-submission follow up processes, and they will no longer have the ability to edit their application. 

Notes:    

• Both the lender and borrower portals will timeout after 4 hours of inactivity, after that you will be asked to log back into your account.
• Once a borrower has activated their account, all features on the Application page are locked. Please use the Co-Pilot feature or Take Over if you want to make any additional changes.

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.