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Encompass Digital Mortgage Solution Reviews & Product Details - Page 5

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.
Verified User in Financial Services
UF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

It makes it easy for me to see all of my loans in one place. I have the ability to make notes and changes quickly Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

It doesn't allow me to change my view. I am stuck in the standard view and it times out too quickly. I am constantly getting error and kicked out of it 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 have a detailed list of borrowers. I dont have to search forever to find what I need. It's all in one place Review collected by and hosted on G2.com.

Cristina P.
CP
Regulatory Compliance Consultant
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?

Easily manage pipeline of home equity applications and can have borrowers e-sign documents. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

Not all information carries over from online applications. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

Easy to use, ability to customize templates, multiple users. Review collected by and hosted on G2.com.

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

Managing two pipelines separately. Mortgage apps and heloc apps are both managed through encompass. Certain regulations are automatically applied without having to remember. Review collected by and hosted on G2.com.

Rachel W.
RW
Mortgage Loan Processor
Financial Services
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?

I love the customization features. We are able to build out business rules and templates to fit our needs and work flow. As our company grows and evolves, we can adjust what we need to on the software to make it work in the most efficient way. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

Since our company operates on virtual desktops, there is some compatibility issues that lead to slowness for some users. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

Dive all the way in and make use of the implementation time. Test anything and everything you can think of. It is possible to just scratch the surface with Encompass and have a LOS that works. But when you dive in and learn how to create business rules and other customization, you open up a whole new world. Review collected by and hosted on G2.com.

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

Our company operates two separate mortgage operations. Our old software did not have customization options that would allow for us to utilize one software for both operations. Review collected by and hosted on G2.com.

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

better integration and seamless end to end solutions Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

the customer (consumer) platform needs updated Review collected by and hosted on G2.com.

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

allows for more data points and accurate business intelligence analysis that we didn't have with our prior system Review collected by and hosted on G2.com.

Verified User in Real Estate
AR
Small-Business(50 or fewer 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 you can do SO many things all in the same place. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

The commands are not intuitive and the help resources are not too easy to use. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

It is a great program and has so many uses. Explore your options within the system before purchasing another! Review collected by and hosted on G2.com.

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

We use it for our loans. It has been very helpful to organize loan aspects and ideas. Review collected by and hosted on G2.com.

Verified User in Financial Services
IF
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?

Ellie Mae has a broad network of solution providers and compliance insight (AllRegs). Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

How they communicate changes and system updates. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

Plan ahead and simplify structure as much as possible. The simpler, the easier to maintain updates and train end users. Review collected by and hosted on G2.com.

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

It is our loan system of record where we manage mortgage processes. 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?

The program allows me to find documents quickly Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

I sometimes have problems searching for specific files Review collected by and hosted on G2.com.

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

Lead management and tracking Review collected by and hosted on G2.com.

Verified User in Banking
UB
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?

Encompass is one of the most fully integrated network systems in mortgage industry! It covers the entire loan lifecycle from the initial application, to processing, to underwriting and to closing! It provides all in one system of record so you can close high-quality, compliant loans more efficiently! Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

On very rare occasions I have experienced server / software issues where the software become inaccessible. Review collected by and hosted on G2.com.

Recommendations to others considering Encompass Digital Mortgage Solution:

I would definitely recommend Encompass to any colleuge that is in he mortgage industry that does not have a mortgage software operating system. It has all the tools and technology you need to close a loan at top speed, stay organized and pave the way to easier underwriting. Review collected by and hosted on G2.com.

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

The biggest problem that this has solved is having the luxury of a all in one mortgage software that essentially any mortgage company/ loan officer office would absolutely need to become successful! Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Encompass Digital Mortgage Solution?

Having one platform to take a file from registration to post closing. Being able to submit directly to the AUS. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

Information does not always carry forward through the AUS so manual manipulation is required. You can lock yourself in a file by simply clicking on the wrong "X". Review collected by and hosted on G2.com.

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

Much more efficient than using a proprietary system we worked on in the past 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?

The pipeline view is easily customized and allows me to see a quick snapshot of my files. Review collected by and hosted on G2.com.

What do you dislike about Encompass Digital Mortgage Solution?

There tends to be latency on a regular basis. Review collected by and hosted on G2.com.

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

I'm able to manage my loan files efficiently within this software. Review collected by and hosted on G2.com.