Minimize Costs, Maximize ROI
More than 90,000 mortgage professionals trust Encompass® to minimize origination costs and maximize retail, wholesale, correspondent lending performance . In fact, a commissioned study by Forrester Consulting found that a sample company using Ellie Mae’s Encompass can realize an average of 57 percent ROI in less than three months, reduce costs per loan by $231 and avoid up to $75,000 in annual compliance costs.
Maintain control, and keep everyone in the loop
Encompass makes it easy to keep everyone on the same page with Encompass WebCenter. Leads flow directly into your Encompass solution, eliminating manual processes and ensuring accuracy. Instantly post loan status updates from your loan file to the WebCenter, to keep clients informed. Recent updates include the ability to review and sign off on fees and configurable import types.
Pay based on closed loans
Combine Encompass with Success-Based Pricing, and forget the budget-choking, fixed-cost technology license. Pay based on the number of loans you close, instead. If your volume goes down, so does your cost.
Minimum compliance risk with confidence
These days, a single loan can be subject to approximately 370 state, local and federal regulations. Stay ahead of the compliance curve with Encompass and its built-in compliance engine, maintained by Ellie Mae’s compliance experts and legal counsel. New functionality in the Spring Release includes automated LO Compensation plan management, to help keep you compliant, efficient and out of trouble.
Take charge of loan quality
Quickly uncover compliance, fraud or borrower income concerns early in the origination process with Ellie Mae’s Total Quality Loan™ (TQL) program, built right into Encompass. Selling to investors? Use Encompass and TQL to reduce suspense conditions, reduce buyback risk and keep your warehouse line moving.
Do it all on-demand
Many LOS providers promise features and efficiency, but don’t deliver. Instead, they leave their clients working around piecemeal functionality or relying on third-party vendors to fill in the gaps. Encompass, available on-demand as Software-as-a-Service (SaaS), helps you minimize technology costs and be more efficient, as you take advantage of enterprise-class functionality to simplify the process of originating and closing loans.