Encompass by Ellie Mae
The industry’s most-recognized Loan Origination Software, with built-in ROI
With Encompass® by Ellie Mae®, you will experience immediate savings and operational improvements. Lenders of every size trust the Encompass Loan Origination System (LOS) to originate more loans, lower costs, reduce time to close, and make smarter business decisions.
Ready for URLA, right now
When it comes to the new URLA, Ellie Mae is once again ahead of the curve. We’re providing comprehensive support across the entire digital lending platform, from point-of-sale to origination through closing, and delivery to the secondary market. This holistic approach ensures that every Encompass lender will have what they need to do business without interruption.
Be sure to check our frequently-updated URLA Readiness Page to access the latest information, including readiness guides, webinars, and other helpful resources.Go to URLA Resource Page
“The savings per year we’ve gained with Encompass, Electronic Document Management and moving to an eFolder process is astonishing, and makes me wonder why we waited so long to make this move.”
Brandy BlackintonVice President, Retail Lending Manager
Claremont Savings Bank
Everything for loan officers, all in one place
The Encompass LOS allows loan officers to access everything they need to originate and close more loans, in less time, from any location. With AI-driven, intelligent automation embedded throughout the system, lenders can be more responsive and deliver a better borrower experience. And, with built-in compliance paperless document management, and next-generation data security, Encompass ensures that lenders and borrowers alike are prepared and protected. Seamless GSE integration includes Freddie Mac’s Loan Product Advisor and Fannie Mae’s Day 1 Certainty initiatives.
See how Encompass helped Claremont Savings Bank increase productivity:Read Claremont Savings Bank case study
ROI that speaks for itself
With origination costs near $8,000 per loan (according to the MBA), efficiency is the key to profitability. Developed with this in mind, Encompass delivers immediate ROI impact. In fact, MarketWise Advisors recently conducted independent studies which found that Encompass lenders:
- Saved an average of $813 on origination costs per loan, compared to the industry average
- Experienced an average potential positive financial impact of $1,182 per loan when using Encompass, along with additional Ellie Mae solutions
- Achieved average annual ROI of 698%
- Saved an average of 23.5 hours in loan origination and fulfillment time
- Spent less than 2% of their revenue on technology, thus adding to profitability
- Saved approximately $48 per loan in time savings and efficiency gains by using system-to-system investor delivery