Streamline Your Workflow from Lead to Lock
Margins are slim, and regulations keep getting more stringent–yet you still need to make a profit. But manual processes for finding products and pricing are slow and inefficient, and using a solution that’s not integrated with the rest of the mortgage process can result in pricing errors, inaccurate data or compliance concerns. Your loan officers might have to spend a lot of time researching just to keep up with changing rates, investor price or adjuster changes–all of which can wreak havoc on your profitability.
Work smarter and stay compliant
Encompass Product & Pricing Service™ makes it easy to keep up with pricing changes that affect your loan scenarios, without paper rate sheets. Information flows seamlessly between your loan file, the pricing engine and your lock request form, eliminating risk and time-consuming manual tasks. Plus, custom business rules and settings help you manage anti-steering and safe harbor regulations.
- Save time and eliminate data entry.
Easily find the best program for you by target price, rate, investor and more with a seamless two-way workflow.
- Identify great borrower opportunities.
Quickly find the most recent guidelines and best products and pricing for your loans while staying compliant.
- Automate complex pricing processes.
Incorporate multilevel margins with consistent LO comp information into loan pricing, and return pricing details for both buy- and sell-side transactions to the borrower’s secure electronic loan folder.
- Enjoy worry-free program maintenance.
Set rate and price targets for automatic system monitoring of loan scenarios to continually track changes, and know instantly when your goals are met.