Overall Satisfaction with Encompass from ICE Mortgage Technology (formerly Ellie Mae)
I use Encompass to originate residential mortgages. I come from a technical background, so I understand the product as a software solution as well as a tool for loan originators. Programmatically, this is the most accomplished product I have encountered so far, after using Calix Point and PC Lender. It follows standard windows programming language for the user interface much better than the other two products mentioned, and is enhancing advanced features and integration all the time.
- Document management
- Integration with web and mobile app
- Integration with 3rd party service providers such as credit reporting, pricing engine, CRM
- Ability to have multiple loans open at the same time
- Multiple screens open at the same time
- Loan scenario comparison & borrower options presentation
- Low ability to check options without saving, as the file is being worked on
- Loan application
- Loan origination
- loan processing
- document collection and management
- automated underwriting
- Spending less time on data entry
- Ability to generate needed documents without effort
- Point and PC Lender
Encompass is the superior solution.
Do you think Encompass from ICE Mortgage Technology delivers good value for the price?
Not sure
Are you happy with Encompass from ICE Mortgage Technology's feature set?
Yes
Did Encompass from ICE Mortgage Technology live up to sales and marketing promises?
No
Did implementation of Encompass from ICE Mortgage Technology go as expected?
I wasn't involved with the implementation phase
Would you buy Encompass from ICE Mortgage Technology again?
Yes
Using Encompass from ICE Mortgage Technology (formerly Ellie Mae)
3 - Loan officer
Processor
Originating Branch Manager
Processor
Originating Branch Manager
None. Motto Mortgage provides such services for the independent branch.
- pre-qualifying a home buyer
- originating a loan to close
- managing multiple loan officers with reporting and compliance