Ally vs. Blend vs. MeridianLink Opening

Ally

9 Reviews and Ratings

Blend

6 Reviews and Ratings

MeridianLink Opening

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Ally	Score8.6 out of 10	N/A	Ally Financial headquartered in Detroit offers online banking, via full service auto finance operations, and boasts a complementary auto-focused insurance business, a growing wealth management and brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.	N/A
Blend	Score4 out of 10	N/A	Blend is a digital lending platform that simplifies applications for mortgages, consumer loans, and deposit accounts. The company enables customers to process more than $4 billion in mortgages and consumer loans per day. Erin Collard, Eugene Marinelli, Nima Ghamsari, and Rosco Hill headquartered the company in San Francisco, California in 2012.	N/A
MeridianLink Opening	N/A	N/A	MeridianLink Opening, formerly known as XpressAccounts, is online account opening software that unifies deposit account opening and funding for all channels and product types. Functionality includes identity verification, OFAC checks, e-signature, switch kits, and core system connectivity. MeridianLink Opening aims to save operational costs and increases customer/member satisfaction from application initiation to account creation. It features integrations with MeridianLink Consumer and…	N/A

Pricing

Ally

Blend

MeridianLink Opening

No answers on this topic

No answers on this topic

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Pricing Offerings
Ally	Blend	MeridianLink Opening
Free Trial
No	No	No
Free/Freemium Version
No	Yes	No
Premium Consulting/Integration Services
No	No	No

No setup fee

No setup fee

No setup fee

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User Ratings
	Ally	Blend	MeridianLink Opening
Likelihood to Recommend	- (0 ratings)	10.0 (1 ratings)	- (0 ratings)

User Testimonials
	Ally	Blend	MeridianLink Opening
Likelihood to Recommend	Ally Financial, Inc No answers on this topic	Blend Labs Inc. I have not experienced any other system that can do what Blend does as easily as Blend. It's very well suited for the mortgage industry and its ability to communicate with Encompass. I don't think it would be a great CRM tool for a company that doesn't need multiple touch points to a client, for instance, if you simply need a name, phone number, and email address Blend would be overkill. Blend is designed specifically to capture a lot of specific details about a client's financial position. Incentivized Verified User Read full review	MeridianLink No answers on this topic
Pros	Ally Financial, Inc No answers on this topic	Blend Labs Inc. Easy to use Transfers between Blend to Encompass easily Runs employment verification Incentivized Verified User Read full review	MeridianLink No answers on this topic
Cons	Ally Financial, Inc No answers on this topic	Blend Labs Inc. Adding non occupant co-borrowers can be challenging I wish we could mirror the client's screen in real-time so we can see where they are in the application The user side can be a little challenging, some fields are required to be filled out even though they are not important to the application Incentivized Verified User Read full review	MeridianLink No answers on this topic
Return on Investment	Ally Financial, Inc No answers on this topic	Blend Labs Inc. Blend allows me to manage my pipeline easily without having to resort to Excel Captures things like birthdays allowing me to have a reason to call clients Clients love that it's a secure portal, no more replying to emails with sensitive documents Incentivized Verified User Read full review	MeridianLink No answers on this topic
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