Engage borrowers online with an easy mortgage application, direct loan officer interaction, and secure document handling for faster loan processing.
Vendor
ICE Mortgage Technology
Company Website
Encompass Consumer Connect® provides a state-of-the-art digital mortgage experience, allowing lenders to close loans faster, improve the borrower experience, and ensure compliance. Borrowers can easily complete an online mortgage application, instantly engage with their loan officer, and securely upload and eSign documents. This makes it faster and less expensive for lenders to process a loan. With Consumer Connect, you can create a custom web experience unique to your company, virtually guide borrowers through the loan application process on any device, and provide real-time status updates. It streamlines everything from online applications to data collection, offering a modern digital mortgage workflow. The system automatically receives compliant applications, underwritten by Fannie Mae’s Desktop Underwriter® or Freddie Mac’s Loan Product Advisor™, and enables services. It also increases your online brand presence with a customized interface and template and provides alerts to any compliance obligations, even with incomplete applications.
Features:
- Easy-to-use online application for borrowers: Easily complete mortgage applications online and from any device
- Invite/remind the borrower to apply: Capture abandoned applications and increase conversions by inviting and reminding the borrower to complete an application that they have already started in Consumer Connect.
- Direct integration with Encompass: Leverage a borrower point-of-sale solution that seamlessly integrates with Encompass and streamlines everything from online applications to data collection
- Integrated services to improve workflow: Accelerate the application process with the ability to seamlessly run credit reports and get online verification of assets, employment and income