Ellie Mae’s cloud-based Encompass platform enables lenders to provide the high-tech service with a human touch that homebuyers expect with efficiency, quality and compliance. Ellie Mae’s technology solutions help lenders originate more loans, lower origination costs and reduce closing times while automating everything that can be automated to offer a path to a true digital mortgage.
The company is connected with hundreds of partners that help serve lenders on its Encompass lending platform. As of the third quarter of 2017, the company’s Encompass technology had more than 230,000 SaaS users. Ellie Mae’s network sees millions of transactions each month and the company touches 30% of all residential mortgages in the U.S.