Ellie Mae and NetMore America have jointly announced that NetMore has been added to Ellie Mae’s Encompass360 Select program, which is accessible to preferred customers of Encompass360. As part of the Encompass360 Select program, NetMore America will be seamlessly integrated into Encompass360. This integration enables NetMore America to engage in a two-way communication providing real-time pricing information to preferred Encompass360 users who are approved to do business with NetMore.
Once the borrower’s information is input into the Encompass360 system, it is matched against NetMore’s pre-determined loan criteria and pricing results are automatically presented on the user’s Encompass360 screen. Users are then presented with the options to learn more about NetMore’s loan programs and upload the borrower’s information directly from Encompass360 into NetMore’s loan origination system. Once a loan is in process with NetMore, users may also upload documents into NetMore’s system, directly from their Encompass360 eFolder.
“It is invaluable to be able to communicate with loan originators while they’re actually originating loans,” says NetMore America Chief Strategy Officer Lisa Schreiber. “As part of Encompass360 Select, we can reach more originators regardless of geographic location. This is a great way to enhance our wholesale brokers’ businesses and help grow our business as well.”
NetMore America, which uses Encompass360 on both the wholesale and retail segments of its business, plans to go live with the Encompass360 Select program in fall 2010.
“Getting accurate pricing delivered instantaneously and automatically isn’t just convenient, it’s also a more compliant, more efficient way of doing business,” says Ellie Mae Chief Strategy Officer Jonathan Corr. “Our customers appreciate the proactive way the Encompass360 Select program responds to information and helps them transact more and better quality loans. We’re happy to welcome them to the Encompass360 Select program.”
For more information, visit www.NetMoreAmerica.com or www.EllieMae.com.
