Encompass from ICE Mortgage Technology vs. Nortridge Loan System

Encompass is a very robust tool that would work great for companies that have strong organizational process with defined user roles in place. I would recommend anyone considering implementing it to carefully map out every step from lead generation to loan delivery. It’s important to involve compliance and audit as well as origination and post closing with every decision for best execution.

Incentivized

Some areas where Northridge Loan Systems is best suited is for mid to large-sized companies who are handling thousands of loan applications on a day-to-day basis. Since this program has a sizeable IT infrastructure, this software is best suited for companies that have a mid to large-size IT team with scalable infrastructure. I would not recommend Northridge Loan System to smaller-sized companies with a low volume of loans as it can be a mid-complex to manage and maintain when there are other solutions out that cater to smaller businesses.

Incentivized

• Easily self managed. A single user can administer the software.
• Mavent Compliance engine provides integrated assurance that files remain in compliance.
• Ability to customize workflows based on channel.
• Ability to customize input forms to match your business needs. You can completely customize your users experience with input forms.

• It can be deployed in the cloud making it easier to implement.
• There are many different options for implementation in our IT environment including on-prem.
• It can integrate with our Active Directory allowing for easy user management.

Incentivized

• For companies without a dedicated developer having a "dumbed down" version to play around in would be great.
• Being able to customize the workflow a little more to meet our unique workflow.
• The ability to control what information flows to some documents would be nice.

• In some instances, we have noticed there are some latency issues when reading and writing from SQL databases as new code bases get released.
• API library upgrades could be tested a bit better in each new release.
• Cloud implementation could be a bit more streamlined.

Incentivized

Invested and believe the system will be able to meet our needs for years to come, plus we have confidence in the company, Ellie Mae.

some minor improvements would make a huge difference to me

No better support around

Incentivized

Should have sent someone to become an admin prior to implementation.

Incentivized

Is Calyx Point even a thing anymore? I recall using Calyx Point years ago but don't remember it being able to do half of what Encompass is capable of doing. Encompass alone being able to communicate to 3rd party systems is a major time saver something Point was never able to do.

Incentivized

We chose Nortridge Loan System to handle our loan management going forward to due to the fact that we can implement this crucial business function in the cloud. Unlike Shaw Systems, which is completely on-premise, we have to manage many aspects of this software for the business from servers to segregated networks, and backups to ensure availability. With Northridge Loan Systems being able to be implemented in the cloud, we can ensure higher availability to our loan servicing teams and increased insurance that data will be safe with the DR procedures surrounded in the cloud.

Incentivized

• One of the items that were difficult initially is that we pay for the software and have to pay an additional monthly fee for each closing package. For a small lender that is a huge expense.
• The online application is a great asset to us and is going to help us to be competitive in our market.

• One pro to Northridge Loan System is that we can migrate off of old on-premise servers that are out of compliance.
• With Northridge Loan System being compatible in the cloud we can deploy it within AWS promoting for long term scalability
• We are able to manage and organize all loan-related data easily and more streamlined with Northridge Loan System

Incentivized