Blend's Rapid Refi revolutionizes the refinance process by addressing the mortgage industry's historically low retention rates, often plagued by outdated, cumbersome applications and impersonal experiences. By leveraging connected data, intelligent automation, and hyper-personalization, Rapid Refi enables lenders to offer borrowers pre-filled applications, transparent, side-by-side loan comparisons, and instant disclosures, culminating in a rapid Intent-to-Proceed capture within a single session.
This streamlined, application-less approach not only minimizes borrower friction and maximizes conversion, but also equips lenders to handle refinance surges efficiently, ultimately driving higher retention, increased capacity, and unparalleled borrower satisfaction.