Columbus Capital Lending has been on a mission to close loans faster. Once they began automating tasks in Encompass® by ICE Mortgage Technology®, they quickly gained the efficiency they needed while maintaining excellent loan quality standards and service levels.
To improve closing times and increase efficiencies during the loan process, the Columbus Capital team created a custom Loan Processor-Initial CD Request Input form within Encompass. Now, when a loan goes to underwriting for finalization, that form automatically triggers a closing disclosure request, which led to better than expected turn times for Columbus Capital.
Reduce loan closing timelines in the wake of new regulatory demands by streamlining the entire loan process.
Customized automation rules in Encompass ensure that loans are the highest quality, while still significantly shortening loan processing time.
Columbus Capital significantly enhanced and sped up loan processing by building customized automation rules within the Encompass platform.
Decreased loan origination time
Increase in annual productivity
Additional loans closed per year
Learn more about how ICE Mortgage Technology is changing the industry and stay up-to-date with the latest tools and information.
Encompass helps primary residential mortgage drive more business
Encompass platform overview
First Tech Federal Credit Union reduced time to close from 30 days to 21 days with Encompass