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Encompass Digital Mortgage Solution Reviews & Product Details - Page 2

Encompass Digital Mortgage Solution Overview

What is Encompass Digital Mortgage Solution?

Encompass® by ICE Mortgage Technology® provides an end-to-end solution with best-of-breed technology that gives you the tools to manufacture and acquire significantly more loans with less effort. Successful mortgage companies know that offering an automated, omnichannel experience and a quick closing time are necessary to keep costs down, enable scalability, and meet borrower demand for convenience and speed. With a customer base of more than 3,100 lenders and investors, Encompass empowers more loans than any other lending automation platform and is the gold standard in the mortgage industry.

Encompass Digital Mortgage Solution Details
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Product Description

Encompass is Ellie Mae's all-in-one integrated solution that covers the loan lifecycle and provides one system of record so you can close compliant loans.


Seller Details
Year Founded
2000
HQ Location
Pleasanton, CA
Twitter
@ICE_Markets
71,932 Twitter followers
LinkedIn® Page
www.linkedin.com
511 employees on LinkedIn®
Ownership
NYSE: ELLI
Total Revenue (USD mm)
$360

AH
Overview Provided by:

Recent Encompass Digital Mortgage Solution Reviews

Chip L.
CL
Chip L.Mid-Market (51-1000 emp.)
3.5 out of 5
"Using Encompass loan origination software"
It integrates well into our other market platform services.
Timothy B.
TB
Timothy B.Mid-Market (51-1000 emp.)
3.0 out of 5
"Clunky But Gets the Job Done"
The disclosure triggers and other compliance related flags. Availability of the Day 1 tools is also helpful although having the information popula...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
1.5 out of 5
"Clunky software "
Has an enormous amount of functionality as you can enter any kind of information necessary.
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Encompass Digital Mortgage Solution Media

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61 Encompass Digital Mortgage Solution Reviews

4.2 out of 5
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Overall Review Sentiment for Encompass Digital Mortgage SolutionQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Orlando M.
OM
Senior Mortgage Banker
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

The user interface, at least where I work, is well thought out and user friendly. I am able to complete a full 1003 (mortgage application in little time. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

I feel like at times, it does run slow, not due to our work servers, but from Encompass app itself. Come across this at least a couple of times a week and for a good amount of time too. Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

I am able to complete a fill mortgage application and price out a loan for all of my clients Review collected by and hosted on G2.com.

Lindsey R.
LR
Mortgage Lending Resource Center Specialist
Banking
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

My favorite thing about Encompass is how you can find everything you need for your file in the application. All you need can be found right there. It is user friendly and easy to use. It makes the process go smoothly, even when everyone is spread out throughout the company or at different locations. It has helped make me more efficient because of your ability to cater it to you and your companies needs. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

I dislike the email/messenger section. Although it is integrated with outlook, you still have to go outside the app for the emails. Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

There is less room for error with the ability to make comments and notes throughout the file and on specific documents. This makes it easy for many people to work on a file. Review collected by and hosted on G2.com.

Lorenzo J.
LJ
Mortgage Support Officer (Contract)
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

Its easy to navigate and information is organized neatly Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

The web version is very slow and pages take a couple seconds to load.

The system shuts down sometimes without letting me save my work Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

Install the software and avoid the online version if possible Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

Effectively processing loan applications and it reduces mortgages denial ratios Review collected by and hosted on G2.com.

Nathan B.
NB
Loan Officer
Financial Services
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

Now that I am more familiar with Encompass, I like how the information flows from page to page. We also have a lot of custom programming done that allows us to do things very quickly. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

I dislike when there are required fields to be completed before you can proceed and all they give you is the field number. I waste a lot of time sometimes. Now that I am more familiar with Encompass it is not that bad of an issue and a lot of times now when there is a missing field you can complete the field right there on the screen that tells you if something is missing. I also dislike how the DTI calculations get all screwy when you have more than one borrowing pair. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

Ask what features are available by utilizing custom programming. We run Encompass unplugged so there are many, many features that are available that I am not familiar with. My understanding is that unplugged means that Encompass is run only on our intranet and it does not have access to all of the features available if it was connected to other features that are only available if it is connected to the Internet. Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

Encompass is awesome when it comes to preparing initial disclosures. As long as there aren't any missing required field and I have completed all of the required processes I can have the disclosures prepared and emailed to the applicant with the click of a button. I have heard that other companies that use Encompass do not have this feature and it takes a while to manually prepare the initial disclosures. This feature in itself saves Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Encompass Digital Mortgage Solution?

The fact that I don't need to be in the actual office to use Encompass is great. There's lots of room for collaboration within one file and multiple people working on that file. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

If my internet goes out, then I'm 100% useless within a file. Also, when someone is in the file before you, you're stuck on read-only mode. Which gets confusing if you forget - you could end up doing tons of work and none of it will save since you're in read-only mode. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

have excellent internet connectivity and reliable routers - as soon as your internet is out, you're a sitting duck... Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

Loan processing and collaboration is great with the eFolder option within encompass. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Encompass Digital Mortgage Solution?

Ease of use and organizational capabilities. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

Speed issues at times, but generally works itself out. Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

Forecasting Review collected by and hosted on G2.com.

Yohanna P.
YP
Administrative Sales
Construction
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Encompass Digital Mortgage Solution?

What I like best about Encompass is that it's so simple to use and that it can be customized to suit your needs. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

Something that I always disliked about Encompass was that their server would at times shut down for no reason and it would interrupt our work during the day, I think they really need to work on keeping up with their servers. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

I would suggest to others using this product to really get to know all its features because they are really helpful and it really makes your job a little easier. Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

At the time that I was using Encompass, I found it very convenient that you could customized a lot of things within the loan file. It helped me in my role of documents coordinator and post closer keep all the files organized and up to date so easily, which it's really important for anyone in the mortgage industry. Review collected by and hosted on G2.com.

Patrick T.
PT
Mortgage Loan Originator
Financial Services
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

I like how encompass can be used for smaller companies as well as larger ones. I also love how you get emails of everything that happens with a pipeline and how it can integrate with different CRM software's. I also like how you can adjust the software to your company. With 2 different companies the functions were different. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

I really hate the fact that the systems keeps freezing and dropping out. It's quite annoying. I've been with 2 companies using this software and the problem is consistent. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

Be patient with navigating the software. It takes some time to get familiar with it. Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

It makes doing business very easy. As long as I have a computer with the software I can work from anywhere sending files to my clients and team. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

I like that Encompass is very innovative and is available anywhere there is internet. Long gone are the days that you must be logged onto a vpn to get access to your clients. The applications within the system move smoothly from one to the other and are relatively quick. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

I wish it were more customizable. Some of the items that my company wanted to change were among the unchangeable. Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

We are able to deliver better customer experience with our borrowers and the builders we work with. We are quicker and more accurate in our figures. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

its pretty easy to set up a new file and add files Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

that it always crashes and you cant upload from emails Review collected by and hosted on G2.com.

What problems is Encompass Digital Mortgage Solution solving and how is that benefiting you?

helps my company with new home loans Review collected by and hosted on G2.com.