Ellie Mae Launches Encompass Loan Officer Connect

January 9, 2017
Ellie Mae has launched a new major release of its Encompass digital mortgage solution, Encompass 18.2 designed to help lenders of all sizes originate more loans, lower origination costs and shorten the time to close with compliance, efficiency and quality

Ellie Mae has announced the launch of Encompass Loan Officer Connect, designed specifically to enable loan officers to be more effective and efficient when serving their borrowers, through a robust, scalable mobile extension of Ellie Mae’s Encompass mortgage management solution built on Ellie Mae’s Encompass Lending Platform.

Encompass Loan Officer Connect offers:

Increased Productivity and Efficiency: Loan officers can originate loans through a streamlined process, update loan files with a touch, view contacts associated with the loan with a simple swipe and keep the loan moving through the process no matter where they are. The solution is a direct extension of Encompass and can be accessed from iPhones, iPads and Android devices, letting users stay connected to their borrowers through easy access to loan pipelines, alerts, lock expiration dates and loan amounts.

Real-Time Results and Superior Borrower Satisfaction: Loan officers can instantly qualify borrowers, run real-time product searches through Encompass Product & Pricing Service, access borrower liabilities and FICO scores quickly from credit vendors, and create and display the best-possible loan scenario for the borrower right on the spot. Loan applications are created as Encompass loan files, therefore once the borrower is satisfied, loan officers can lock in the loan and the application flows through Encompass so data is always accurate and compliant within the single system of record. Loan officers can stay in lockstep with the borrower’s loan process by checking status and alerts.

Security and Compliance: Encompass Loan Officer Connect includes built-in application security. Because Encompass Loan Officer Connect is not a separate system, but rather an extension of our lender’s system of record, data access is controlled by settings within Encompass, including client ID, user name, and password for authentication and access can be granted or revoked instantly by the Encompass system administrator. Two-factor authentication provides additional security and all data displayed to the user is stored directly in Encompass, with no data stored on a separate system or device.

“Encompass Loan Officer Connect extends the value and power of the Encompass Lending Platform,” said Jonathan Corr, president and CEO of Ellie Mae. “Encompass Loan Officer Connect gives loan officers a fully customizable and scalable solution that lets them originate and access loan files anywhere, from any device, to increase productivity and efficiency while offering superior customer service and support to meet the unique needs of their customers.”