Encompass is a complete, enterprise solution that removes the need to work with multiple software systems to run your mortgage business effectively. Most businesses spend a great deal of time and effort deciding on the software they trust their business on. Encompass360 consulting can be a rewarding business move when it comes to making the system function on a single platform with significant cost savings. Consider the following industry specific expectations and benefits of Encompass360.
- Work with the best: Ellie Mae with Encompass360 is a market leader in loan origination systems. You will want to work with a market leader because that will give you the added advantage of the company that wants to partner with you in your success. Working with leader always gives you a competitive advantage of getting the best of solutions for the mortgage industry. It is one of the most credible loan origination solutions for the residential mortgage industry, today.
- Rewarding for all stakeholders: In every step of your mortgage lending business including; originating, lending and buying loans, experience of each participants count to make it a complete choice. While, fast processing, lesser complication and better transparency makes it easy for the borrower, processing and closing a loan in compliance with all regulations makes it easy for the broker. A correspondent can make a purchasing decision easily by looking up, reviewing and finding relevant information from highly organized data in an Encompass360 environment.
- Branch out and grow: With better, quicker loan origination and closing, Encompass360 can enhance the brand value to take your business to the next level. Packed with enterprise and branch management functionalities, marketing and trading capabilities, Encompass360 allows flexibility and ease in setting up new branches and getting established in the new market.
- Compliance with regulations: Complying with a variety of federal and state regulations can be one of the most time and effort consuming activity for most mortgage lenders. Encompass360, being the business leader, has the latest GFE and HUD-1 forms with automated disclosure tracking. Advanced compliance strategies result huge savings from compliance penalties and buybacks.
- Customize to your business strategy: While many of the loan origination systems require the lenders to yield to their system, Encompass allows the users to customize the platform for their system. This makes business with different type of vendors such as third party origination lenders possible. Customizing the business rules and allowing transactions online and paperless add to the value offered to different clients.
- Save on costs: Many lenders who work with multiple systems and integration find this practice to be one of the most time consuming processes that hinder progress. Modules such as pricing engine come with Encompass saves on cost of purchasing and integrating.
- More control, Less stress: Encompass, being a complete, enterprise solution gives more control on the system and less stress for employees, which means increased customer satisfaction and better utilization of feedback. Time to deal with loan officers and correspondents efficiently results in overall improvement in the quality of business.
While its important have your business needs carefully considered before choosing any of the Loan Origination Systems, Encompass can be a rewarding experience with its highly customizable modules and SDKs. TakeFive Consulting’s Encompass360 consulting professionals have years of industry exposure and in-depth technical knowledge to suggest the most suitable business solution with Encompass360 for your mortgage business. Call us 1800.846.1619 FREE or fill out the contact form to get started.
