Compliance is a word that strikes fear into the heart of many a business owner. One simple mistake can quickly turn into a costly fine.

That’s why Encompass360 has safeguards: rules to set and enforce your business practices, audit trails to keep you informed of key system actions; custom user settings to manage employee access rights and an archive, so you can easily access past loan data.

Not only that, but Encompass360 keeps your employees in the software—for service orders, document management, disclosures, closing and more—so there’s far less chance of sensitive data being compromised or errors happening during data transfer.

And since the mortgage world isn’t a static place, neither is Encompass360. When a new regulation comes along—like HVCC—or the industry shifts to new technologies, Encompass360 is ready.

One size fits all? That doesn’t work when it comes to the software you use to run your business. With Encompass360, we give you the key ingredients and from there, you can customize—workflow, business rules, reports and more. 

A customizable workflow and business rules mean that you can set processes that work for your company. With custom personas and user groups, you can grant and restrict access to certain areas and functions of the software. And with custom reports, you’ll be able to focus on exactly the data that you need to see.

Your employees also have flexibility. With a customizable home page and personalized pipeline, your team will always have access to the information they need so they can get their work done faster and easier.

Every day means juggling different loan files, deadlines and documents and if you try to do that with five different software applications—or if your team isn’t collaborating—your company can quickly get off track. 

With Encompass360, your team can work in the software throughout the entire loan process and get access to the same up-to-date loan file. Whether they’re managing borrower documents, conditions, looking for status updates or submitting lock requests, they can always get the information they need.

Plus, with alerts and messages to keep employees aware of key loan activities and impending deadlines, and a customizable home page and pipeline that brings your employees’ most important data to the forefront, your team can easily stay on task.

Think about how much you spend on maintaining different applications—say you have one for origination, one for closing and another for post-closing and secondary marketing. Now, add in the cost of a CRM system and don’t forget your annual courier service fees. It starts to add up. 

It’s not just the up-front purchase fee; it’s creating and maintaining integrations, it’s losing time and missing important deadlines because something slipped through the cracks on its way from one system to another.

What’s the hard-dollar value of a single, closed-loop solution? For one of our clients, it was a 25-30% cut in operating fees in the first year alone.

Plus, with our software hosting, you’ll get reduced costs up front, reduced ongoing IT costs, faster and easier upgrades and the assurance of consistent, quality service.

Ellie Mae has been in business since 1997. That’s not as long as some mortgage software companies but it certainly doesn’t mean we’re novices. Our company and our software were born of innovation, created by industry veterans who saw the need for change.

Nearly a decade ago, Ellie Mae pioneered the idea of an online mortgage industry platform, the Ellie Mae Network, through which originators, lenders and service providers could work together, securely and efficiently.  Our end-to-end mortgage management solution followed a few years later and we continue to stay ahead of the curve when it comes to technologies that can help the mortgage industry be more compliant, more efficient and more secure.

The Ellie Mae Network technology—which is integrated in Encompass360—has recently been awarded two U.S. patents. We’re proud of our achievements but for us, this is just the beginning.

Read about Ellie Mae’s patents:
» Origination System Interface for Online Loan Application Processing
» Online System for Fulfilling Loan Applications from Loan Originators