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.
Leasepath
Leasepath provides a cloud-based finance origination and customer relationship management platform designed specifically to help asset finance brokers and individual funding institutions streamline their entire deal lifecycle effectively.
Quick Comparison
| Feature | Encompass | Leasepath |
|---|---|---|
| Website | iceMortgageTechnology.com | leasepath.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 | 1997 | 2012 |
| Headquarters | Pleasanton, USA | Thousand Oaks, USA |
Overview
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.
Leasepath
Leasepath is a specialized solution built on the Microsoft Power Platform that helps you manage the full lifecycle of asset finance and leasing. You can track every stage of a deal from the initial lead and credit application through to documentation and funding. By centralizing your data, you eliminate manual entry and reduce the risk of errors during the high-stakes origination process.
The platform allows you to automate your unique workflows and credit scoring rules to speed up decision-making. Because it integrates natively with Microsoft 365, you can manage your pipeline directly within familiar tools like Outlook and Teams. It is designed for equipment finance brokers and lessors who need a scalable, secure way to grow their portfolio without increasing administrative headcount.
Overview
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.
Leasepath Features
- Intelligent Origination. Capture leads and process applications through a streamlined digital workflow that moves deals from prospect to funded faster.
- Automated Credit Scoring. Set up custom credit rules and integrate with third-party data providers to receive instant decision support on applications.
- Document Automation. Generate professional lease contracts and disclosure documents automatically using your data to ensure accuracy and compliance.
- Partner Portals. Give your vendors and brokers a branded portal where they can submit applications and track deal status in real-time.
- Microsoft 365 Integration. Sync your emails, tasks, and calendar events automatically so you can manage your entire pipeline without leaving Outlook.
- Real-time Analytics. Monitor your portfolio health and sales performance with interactive Power BI dashboards that highlight your most profitable channels.
Pricing Comparison
Encompass Pricing
Leasepath Pricing
Pros & Cons
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
Leasepath
Pros
- Deep integration with the familiar Microsoft ecosystem
- Highly customizable workflows for complex finance products
- Reduces manual data entry through automated origination
- Excellent document generation and e-signature capabilities
Cons
- Requires significant initial configuration for best results
- Pricing is not transparent for smaller brokerages
- Learning curve for users unfamiliar with Microsoft Dynamics