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Enhancing Digital Mortgage Efficiency

Ellie Mae, a cloud-based platform provider for the mortgage finance industry and SimpleNexus a digital mortgage platform that brings the home mortgage process to mobile devices have announced an official integration partnership.

The companies announced that the partnership would provide SimpleNexus' 180 clients and 18,000 loan officers with a fast and secure data transfer between Ellie Mae's Encompass Lending Platform and SimpleNexus' Mobile Originator tools.

“We are excited to provide Encompass users with this secure and powerful integration enabling the originator to do their job on-the-go, helping lenders improve relationships with Realtors® while getting more loans in the door,” stated Matt Hansen, CEO of SimpleNexus.

The direct system-to-system integration with Ellie Mae enables loan officers on the SimpleNexus platform to access to their entire loan pipeline, order credit, run pricing, view appraisals, and send pre-approval letters from their mobile device -- all while syncing in real-time with Encompass. The companies said that their partnership would help lenders reduce costs and drive efficiency in operations, improve loan officer productivity, and provide convenience and transparency to borrowers and real estate partners during the loan process. The latest integration delivers the fastest real-time Encompass data transfer speeds available in the industry.

Ellie Mae's cloud-based platform enables 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.

SimpleNexus, LLC is a digital mortgage solution provider, connecting loan officers to their borrowers and Realtors to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipeline, order credit, run pricing, and send pre-approvals— all on the go. The app can easily be shared with borrowers and Realtors, giving them the modern mortgage tools they want and need.

About Author: Radhika Ojha

Radhika Ojha is an independent writer and editor. A former Online Editor and currently a reporter for MReport, she is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.
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