Calyx Point
Calyx Point is a comprehensive loan origination system designed to help mortgage professionals manage the entire loan process from initial application through closing and secondary marketing with ease.
Encompass
Encompass is a comprehensive mortgage loan origination software that digitizes the entire lending process from acquisition to closing to help you increase efficiency and maintain strict regulatory compliance.
Quick Comparison
| Feature | Calyx Point | Encompass |
|---|---|---|
| Website | calyxsoftware.com | iceMortgageTechnology.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1991 | 1997 |
| Headquarters | Dallas, USA | Pleasanton, USA |
Overview
Calyx Point
Calyx Point is a desktop-based loan origination system (LOS) that gives you total control over the mortgage lifecycle. Whether you are an individual broker or part of a larger financial institution, you can manage lead generation, document preparation, and compliance reporting within a single interface. The software simplifies complex data entry by automatically calculating ratios and verifying information against current regulatory standards.
You can customize your workflow to match your specific business needs, from initial pre-qualification to final funding. By centralizing your data, you eliminate the need for multiple disconnected tools and reduce the risk of manual entry errors. It is specifically designed for mortgage brokers, credit unions, and community banks who need a reliable, locally installed solution to handle high volumes of sensitive financial data securely.
Encompass
Encompass is a digital mortgage solution designed to help you manage the entire loan lifecycle within a single system of record. Whether you are a small mortgage broker or a large enterprise lender, you can use the platform to capture leads, verify borrower data, and process loans with automated workflows. It centralizes your data to reduce manual entry and minimize the risk of costly errors during the underwriting process.
You can also stay ahead of changing regulations with built-in compliance checks that monitor every loan file in real-time. By connecting your team, partners, and borrowers on one platform, you can close loans faster and provide a more transparent experience for your clients. The software integrates deeply with the broader ICE Mortgage Technology ecosystem to provide a truly end-to-end digital lending experience.
Overview
Calyx Point Features
- Data Integrity Checks Run automated audits on your loan files to catch missing information and ensure your data meets investor requirements before submission.
- Compliance Integration Access built-in tools that help you stay compliant with federal regulations like TRID, HMDA, and Fair Lending acts automatically.
- Document Management Store and organize all borrower documents digitally within the loan file so you can find exactly what you need instantly.
- Secondary Marketing Manage your loan sales and track investor commitments directly to maximize your profitability on every deal you close.
- Electronic Signatures Send disclosure packages to your borrowers for secure digital signing to speed up the application process significantly.
- Custom Reporting Generate detailed reports on your pipeline health and team performance to make better data-driven decisions for your business.
Encompass Features
- Automated Underwriting. Run automated checks against investor guidelines to receive instant feedback on loan eligibility and reduce manual review time.
- Digital Document Management. Collect, store, and e-sign loan documents securely in a paperless environment to speed up the closing process for your borrowers.
- Real-Time Compliance. Access automated compliance testing throughout the loan lifecycle to ensure every file meets federal and state regulatory requirements.
- Product and Pricing Engine. Search and compare thousands of loan products and real-time rates to find the best financing options for your customers.
- Borrower Engagement Tools. Provide your clients with a branded mobile experience where they can upload documents and track their loan status 24/7.
- Third-Party Integrations. Order credit reports, appraisals, and title services directly within your workflow through a massive network of integrated service providers.
Pricing Comparison
Calyx Point Pricing
Encompass Pricing
Pros & Cons
Calyx Point
Pros
- Industry-standard platform recognized by almost all major mortgage investors
- Comprehensive compliance tools reduce the risk of costly regulatory errors
- Highly stable desktop environment works reliably without constant internet pings
- Extensive integration options with third-party credit and appraisal services
Cons
- Interface feels dated compared to modern web-based mortgage platforms
- Steep learning curve for new users due to deep functionality
- Desktop installation requires manual updates and local server maintenance
Encompass
Pros
- All-in-one system eliminates the need for multiple third-party tools
- Robust compliance features provide peace of mind during audits
- Extensive customization options allow you to build unique workflows
- Large network of integrated vendors simplifies service ordering
Cons
- Significant learning curve for new staff members
- System performance can slow down during peak volume periods
- Implementation process requires substantial time and technical resources