Encompass® eClose

Encompass eClose is a complete Electronic-closing platform that unifies the whole mortgage closing system in a single platform. It enables the lenders to prepare, deliver and manage electronic closing packages using secure web-based workflows. Encompass eClose replaces manual paperwork and fragmented tools to enhance accuracy, reduce closing delays, strengthen compliance, and improve the borrower experience- , making it a valuable element for lenders wishing to transform their digital-mortage operations.

Encompass eClosing process automates all the steps of the mortgage closing cycle, beginning with the preparation of the eDocuments and concluding with the review of the borrower, their eSignature and the final submission. Borrowers are provided with online access to documents and lessen face-to-face requirements and improve timeframes. The automated status updates, the real-time visibility, and documentation consistency, which give lenders a smoother, more efficient closing experience.

The entire Encompass eClose configuration and setup consists of platform activation, user-role mapping, integration of eSignature tools, development of digital-closing templates, workflow customization, and test environments to ensure quality. Such installation guarantees a coordination of your system with lender requirements, compliance and operational needs which leads to a refined and complete optimization digital-closing atmosphere.

Encompass digital closing will help to increase efficiency by removing the paper dependency and providing a possibility to review the document faster and by making sure that all of the stages during the closing will have the same data. Borrowers have an easier signing experience and lenders have a quicker turnaround time, easier compliance tracking, less errors in the loan and collaboration between loan officers, processors and closing teams are enhanced.