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Atlantic Coast Mortgage Streamlines eClosings with Blend

Blend (NYSE: BLND), a leading provider of cloud banking services, announced today that independent mortgage bank Atlantic Coast Mortgage has recommitted to Blend to streamline its end-to-end mortgage process, from application and disclosures to electronic closings via Blend’s hybrid/remote online notarization (RON) products.

“One of the things we look for in a technology solution is the ability to provide the customer with the information they need promptly, and an interface and platform that they’re able to easily interact with,” said Ed Vint, Chief Information Officer at Atlantic Coast Mortgage. “The ability for us to have an easy-to-use technology-focused solution that allows us to decision quicker, and provide the borrower with tools that allow them to upload documents at their convenience, is what we’re trying to achieve.”

Through Blend, mortgage borrowers can complete a mortgage application in as little as 10 minutes, and Blend Mortgage customers have seen, on average, a 70%+ pull-through conversion rate on mortgage applications. In 2022, Blend helped financial services firms process nearly $1.3 trillion in loan volume.

“We are excited to once again work with Atlantic Coast Mortgage in providing their borrowers with a superlative customer experience,” said Gaurav Nagla, Blend’s Head of eClose. “Implementing streamlined eClose technology provides immediate dividends to both borrowers and lenders today but also positions firms for success in the future when mortgage volume rebounds once again.”

Based on the success of hybrid close, Atlantic Coast Mortgage plans to explore offering a full RON eClosing experience.

“Your mortgage platform is your first interaction with the borrower; this is what they’re going to see first–looking at it from that standpoint really opens up your eyes to what improvements and features we look for in a solution,” Vint said.

About Blend

Blend is the infrastructure powering the future of banking. Financial providers—from large banks, fintechs, and credit unions to community and independent mortgage banks—use Blend’s platform to transform banking experiences for their customers. Blend powers billions of dollars in financial transactions every day. To learn more, visit

Forward-Looking Disclaimer

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements generally relate to future events, future performance or expectations and involve substantial risks and uncertainties. Forward-looking statements in this press release may include, but are not limited to, our expectations regarding our product roadmap, future products/features, the timing of new product/feature introductions, market size and growth opportunities, macroeconomics and industry conditions, capital expenditures, plans for future operations, competitive position, technological capabilities and strategic relationships, as well as assumptions relating to the foregoing. The forward-looking statements contained in this press release are subject to risks and uncertainties that could cause actual outcomes to differ materially from the outcomes predicted. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “would,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other comparable terminology that concern Blend’s expectations, strategy, plans or intentions. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which such performance or results will be achieved, if at all. Further information on these risks and uncertainties are set forth in our filings with the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to Blend and assumptions and beliefs as of the date hereof. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. Except as required by law, Blend does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.


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