Blend has added functionality in the Disclosures and Closing tab in the lender workspace, which will give the loan team visibility into: details of the closing, provide progress updates as well as offer the ability to complete certain close tasks.
Within the Blend Lender Portal, the Disclosures and Closing Tab includes the following sections:
Disclosures
The disclosures section provides status updates from Initial Disclosures to Closing. The loan team will be able to see status updates on the Review task, eSign ahead documents as well as the eNote task, where applicable.
Closing Details
There are several subsections within Closing Details.
Remote online notarization (RON) eligibility
Once the subject property address has been populated within Blend, your team will be able to see the RON eligibility. More details can be found in Understanding Remote Online Notarization (RON) Eligibility.
Closing Info
The Closing info section details the closing type, closing date and eSign and eNote signing window when these details are updated and where applicable.
Parties to Transaction
This section will include all parties included as part of the closing. If an additional Settlement Agent needs to be added to closing, a Settlement Agent can be added by clicking Additional Party, which will add another role, as shown below. Then click Save at the bottom of the screen.
Closing Documents
The list of documents that are within the closing package are displayed in this section. Please refer to the Documents tab in order to see additional signing details for each closing document.
Special Instructions
Special instruction are available specifically for RON closings and details will appear here if any information was included from Encompass.
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