What is Encompass loan Center?
What is the Loan Center? The Loan Center is a personalized, password-protected site that provides you with 24-hour access to information and requests related to your loan application. What makes this Web site secure? 128bit SSL encryption and unique URL tied directly to the loan data provide a double layer of security.
What is the Ellie Mae website?
Ellie Mae (NYSE:ELLI) is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae's technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency.
What is an Ellie Mae loan?
Ellie Mae is a mortgage industry pioneer dedicated to facilitating communications between mortgage brokers, their partners, and their clients, all in a secure and compliant environment. Ellie Mae creates the tools needed to conduct business and truly automate the loan process from origination through closing.
What do mortgage applications ask for?
When reviewing a mortgage application, lenders look for an overall positive credit history, a low amount of debt and steady income, among other factors.
Is a mortgage application binding?
Fortunately, mortgage applications are not binding contracts, You can cancel one at anytime, for any reason, with very little hassle. Call your loan officer or broker and state that you want to cancel your pending mortgage application.