Blend vs. Trustmatic (discontinued)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Blend
Score 4.0 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
Trustmatic (discontinued)
Score 10.0 out of 10
N/A
Trustmatic software supported verification processes and KYC compliance. The application is no longer available for sale.N/A
Pricing
BlendTrustmatic (discontinued)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
BlendTrustmatic (discontinued)
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
User Ratings
BlendTrustmatic (discontinued)
Likelihood to Recommend
10.0
(1 ratings)
10.0
(3 ratings)
User Testimonials
BlendTrustmatic (discontinued)
Likelihood to Recommend
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.
Read full review
Discontinued Products
Trustmatic is best for businesses that use facial recognition or ID verification when accessing their system. It uses AI to protect clients from identity fraud. Clients' data is completely safe since the technology can identify fake documents and distinguish live photos from traps. It searches for images through databases to prevent unwanted users from entering the system
Read full review
Pros
Blend Labs Inc.
  • Easy to use
  • Transfers between Blend to Encompass easily
  • Runs employment verification
Read full review
Discontinued Products
  • Saves time on manual verification
  • Fast and seamless integration
  • Supporting over 13k IDs all over the world
Read full review
Cons
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
Read full review
Discontinued Products
No answers on this topic
Alternatives Considered
Blend Labs Inc.
No answers on this topic
Discontinued Products
Better support, better pricing, better features.
Read full review
Return on Investment
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
Read full review
Discontinued Products
  • Increased revenue
  • Saves time on manual verifications
  • Less money spent on user acquisition
Read full review
ScreenShots