A mortgage pricing engine that delivers total confidence

Encompass Product & Pricing Service offers the ability to innovate and automate a critical part of the origination process as part of a single system of record and true digital mortgage workflow, so lenders can:

Lower costs

  • Easily find the best program by sorting by target price, rate, investor and more
  • Automatically see best execution pricing and incorporate mortgage rates into rate calculations
  • Rate and loan product pricing changes are monitored and alerted automatically if loan parameters are changed throughout the lifecycle of the loan

Ensure accuracy and transparency

  • Automatically incorporate consistent LO compensation into loan product pricing and ensure that pricing includes your desired profit and appropriate compensation amounts
  • Ensure full communication on lock requests from the loan officer to secondary marketing
  • Have your investor guidelines, product eligibility, mortgage rates, and loan program adjusters automatically managed for you

Close loans faster

  • A seamless two-way workflow sends information directly from your loan file to the product pricing engine, and adjustment information directly back into your lock request form, secondary registration tool and the borrower’s secure loan eFolder
  • Enable relocks, validations and worst case product pricing scenarios with our Historical Pricing feature in the event key pricing fields change after lock

Stay compliant

  • Help ensure compliance with anti-steering regulations by evaluating all possible loan scenarios
  • Easily access AllRegs® industry leading library of guidelines to ensure you’ve chosen the right product for your borrower and business