Choosing the best loan origination system (LOS) for any mortgage business seems confusing. Indeed, a recent study revealed that 40% of mortgage lenders were unable to find software that worked best with their workflow and business activities. Since so many systems exist, it is important to understand the key differences among some of the giants in loan origination: Encompass vs Calyx Point. These platforms advertise great facilities in the loan process, though which properly fits your organization?
Encompass is a highly flexible and comprehensive LOS with extensive Encompass integration services to connect seamlessly with various third-party tools. It’s synonymous with scalability and strong Encompass LOS optimization to make lenders’ tasks more efficient through less manual work. Encompass comes with advanced workflows with other mobility features coupled with document and compliance tools, thus deservedly considered the best mortgage software comparison in the industry. But the advanced features attract a higher tier price point, and the more complex encompass implementation may require specialized training.
On the other hand, Calyx Point is user-friendlier and more affordable, making it quite appealing to many smaller lenders and independent brokers. Taking into consideration the features and pricing of Calyx Point, it provides a reasonable set of tools for loan origination without the excessively steep learning curve or price of something such as Encompass. It offers a smooth user experience with basic works, including document management, loan tracking, and reporting.
However, compared to Encompass, some users may feel Calyx Point lacks a certain depth regarding integration and advanced features that larger enterprises might need. Well, this Loan Origination System comparison takes a closer look at which one is better in terms of usability, value, and how well they fit your business goals by 2025.
In this blog, we will delve into the top loan origination systems, Calyx Point features and pricing, Encompass integration services, and the best mortgage software 2025, the pros and cons of either comparing their features and pricing or your better decision-making by 2025.
A Quick Overview: Why Loan Origination Systems Matter
Before looking at the similarities and differences of encompass vs calyx point, one should first understand what a loan origination system is and how significantly it matters for mortgage lenders.
The loan origination system automates the entire process of origination, client-based underwriting, processing, and closing without the typical manual errors. It would ensure and help make the entire process comply with regulatory guidelines while at the same time helping the borrower improve experience and assisting lenders in a more efficient operation of loans.
When looking at Encompass vs Calyx Point, it is well worth considering how each ties into the business goals, customer needs and internal processes. So, let’s look at each system in detail!
Encompass: The Industry Leader in Loan Origination
Encompass Features and Pricing
Encompass is unique because it is a complete solution for mortgage lenders from the point at which the loan application is received through underwriting, processing, and closing. The most important features on Encompass include:
- Comprehensive Automation: Encompass automates document management, loan processing, and compliance tasks to significantly minimize any manual interference.
- Built-in Compliance Tools: The software guarantees compliance of lenders with federal and state regulations—invaluable in the modern regulatory maze.
- Workflow Customization: With Encompass, lenders can customize their workflows according to business processes, enabling an improved streamlining of operations and enhanced efficiency.
- Powerful Reporting: In addition, the platform provides advanced reporting capabilities, allowing lenders to analyze their pipelines, monitor loan performance, and base further decisions on analyzed data.
- High Integration: Encompass can be integrated with various third-party tools, including credit reporting agencies and underwriting software. This enhances a significant level of collaboration with the industry partners.
The cost of Encompass generally varies according to the features you are choosing as well as the size of your business. Although it takes less upfront consideration as compared to other LOS platforms, it has made the right choice for large to midsize mortgage lenders because of its powerful and scalable features.
Calyx Point is a Great Option for Smaller Lenders
As we all understand, encompass features and pricing have quite a huge impact on the mortgage industry. However, many smaller loan lenders prefer it for being an extraordinarily scalable solution. On the other hand, borrowers regard Calyx Point features and pricing for permitting easy and convenient loan origination systems.
It’s easy but very flexible, which is why Calyx Point is better to opt for. It is because it is a no-frills option for businesses that are looking for a simple loan origination system.
The major features and pricing of Calyx Point
Calyx Point is comprehensive yet super user-friendly software that has important features like:
- Productive Management of Loans: It automates and simplifies the various processes handling loan processing: everything from data entry to document collection and closing.
- Management of Documents: Calyx Point contains a holistic document management system that is helpful to lenders to stay organized and to submit documents on time for underwriting.
- Electronic Signatures: It makes provision for integration with e-signature platforms so that it would be easier for Borrowers to execute documents and that turnaround time reduces.
- Pipeline Management: The platform enables its users to track and manage the loans effectively at every stage of the process with a smoother operation.
- Customer Support: Calyx Point truly shines in customer support. Smaller lenders have expressed how much they appreciate being treated as top-tier customers, with a guaranteed fast resolution to any issues that arise.
As regards prices of Calyx Point, this platform will tend to be much cheaper as compared to Encompass with regards to smaller companies or newbies in the industry. Most of the time, the pricing is on a subscription basis and while some of the advanced automation features of Encompass may lack, it performs fairly well at a competitively lower price point.
Key Differences between Encompass vs. Calyx Point
The studies show the different features and price buckets of both programs and now like to point out some important differences between the two systems and what these might mean for mortgage lenders.
1. Target Audience
With advanced features and a complex setup process, Encompass typically caters to larger and medium-sized lenders. The program offers a high degree of customizability, providing significant leverage to lenders with complex workflows and large volumes of loans.
In comparison, Calyx Point is designed primarily for smaller lenders and independent brokers who need a simpler loan origination solution. Its user-friendly interface and more affordable pricing make it a natural choice for organizations seeking a dependable system without the burden of a steep learning curve or high upfront costs
2. Ease of Use
Intuitiveness and ease of navigation are the hallmarks that place Calyx Point ahead of Encompass in terms of user experience, particularly for smaller teams or companies with fewer technical resources. With its greater number of features, Encompass can be challenging to learn and may require an extensive training program for your staff, especially during the Encompass implementation process.
3. Integration services
With extensive third-party software integrations facilitating connections with other tools of the mortgage industry. It includes underwriting platforms, credit bureaus, and appraisal management systems. Calyx Point has some integration capabilities; however, it does not equal Encompass in terms of third-party connectivity.
4. Scalability
If you want to take your mortgage business to the next level. It’s quite easy to spend time optimizing Encompass LOS. Reporting and customization available in the platform can be rated as some of the most useful features for organizations anticipating rapid growth or having complex operational requirements.
As against this, Calyx Point is probably the best for smaller companies or those that will not have a giant surge in loan volume.
Still Confused Which One Is Right for You?
The choice between Encompass and Calyx Point comes down to the peculiarities of your business in terms of its size and goals. Here’s a brief comparison:
- Encompass: Good for larger lenders or lenders needing a detailed, customizable solution that integrates with an array of third-party services. Best for a business requiring end-to-end automation, scalability, and advanced reporting.
- Calyx Point: Very good for small mortgage brokers or lenders looking for an affordable user interface that does not skimp on the core features of loan origination and management. It is best suited for businesses that don’t require the capacity Encompass offers.
Top Loan Origination Systems: Encompass vs Calyx Point Features and Pricing
| Feature | Encompass | Calyx Point |
| Target Audience | Large mortgage lenders, high-volume operations | Smaller lenders, brokers, and independent mortgage firms |
| Customization & Flexibility | Extensive customization options to meet unique business needs | More basic customization options, less flexible |
| Integration Services | Encompass integration services offer seamless connections to third-party apps (e.g., credit reporting, appraisal services) | Limited integration capabilities compared to Encompass, but can connect with basic services |
| Automation | Encompass LOS optimization automates tasks like document management, compliance checks, and workflow routing | Basic automation features; primarily manual data entry required for complex tasks |
| Document Management | Advanced document management tools with cloud storage and e-signature capabilities | Basic document management, no advanced workflow integration |
| Pricing | Premium pricing generally requires a custom quote based on business size and needs | More affordable, flat-rate pricing that suits smaller operations |
| Implementation | Encompass implementation requires specialized support and a longer onboarding period | Easier to implement with simpler setup; minimal training required |
| Compliance Tools | Extensive built-in compliance tools that are frequently updated to adhere to industry regulations | Basic compliance tools, typically needs manual updates |
| Customer Support | 24/7 support with dedicated account managers and training resources | Standard support with limited hours and fewer training resources |
| Ease of Use | Powerful but can be overwhelming for new users due to its wide range of features | Extremely user-friendly, ideal for those who are new to loan origination systems |
To Wrap Up the Best Mortgage Software for 2025
In terms of importance, making the choice between systems like Encompass and Calyx Point will depend on your mortgage origination business’s actual size and operational scope, now and until the year 2025. Moreover, as lenders and loan originators themselves are set to attain importance with their increasing roles, tools that assist mortgage origination towards these ends will be paramount.
Encompass is most likely your go-to platform if you are a larger lender in search of extensive functionality, strong integrations, and great scalability. As much as the features and pricing of Encompass may seem to be heavier on the investment side, they promise to offer considerable value in aspects related to efficiency and compliance.
So for smaller lenders or those that just require a clear-cut, cost-effective solution. Calyx Point strikes a nice balance between functionality and being user-friendly. Since the mortgage-lending business is fast-moving, your loan origination system will help you stay competitive, ensure compliance, and give excellent service to your clients. Opting for Awesome Technologies today and getting a better decision to opt for Encompass vs Calyx Point and ensures your choice furthers your business needs and growth goals.
