The ROI and cost-saving benefits of Encompass®
With mortgage operational costs reaching as high as $10,806 per loan*, it’s important for lenders to invest in improving their efficiency and profitability.
Independent research firm, MarketWise Advisors, LLC found that ICE’s Encompass® platform delivers significant financial benefits for lenders.
The average financial benefit of Encompass is $1,056 per loan
5:1 ROI
Encompass customers have seen a 10.6% year-over-year lift in gross profit potential
As ICE continues to invest in expanding the capabilities and features within Encompass, customers are seeing an increase in value. This demonstrates the long-term benefits of adopting the automation and exception-based capabilities of the platform’s innovative workflows.
Beyond Encompass
Encompass provides significant benefits on its own, but coupled with other solutions, customers gain even more value.
Save an additional
$149 per loan
using APIs
Save an additional
$156 per loan
using ICE® Data and Document Automation
Ready to streamline your operations and improve your profitability?
Contact us for a demo now: icemortgagetechnology.com/get-started
The results represent the average reported financial and operational impact reported by ICE Mortgage Technology clients in 2024 that completed their annual ROI survey administered by MarketWise Advisors LLC. This information is provided for informational purposes only. Both ICE Mortgage Technology, Inc. and MarketWise Advisors, LLC. provide no warranty or representation as to performance results or accuracy. Actual results may materially vary.
© 2024 ICE Mortgage Technology, Inc. All Rights Reserved. Encompass ® and the ICE Mortgage Technology logo and other trademarks appearing herein are trademarks of ICE Mortgage Technology, Inc. and its affiliates. Other company and product names may be trademarks of their respective owners.