Quick Reference Guides
Quick Reference Guides are one-page, easy-to-follow workflows of common tasks and processes in Encompass.
Encompass Loan Templates
Save time and ensure accuracy by creating loan templates for frequently used loan scenarios. Templates are used to populate preconfigured data and associate sets of documents with a particular type of loan.
2015 RESPA-TILA Workflow
Follow the workflow to complete documents affected by the 2015 RESPA-TILA regulations effective Oct 1, 2015.
Recommended Workflow for REGZ-TIL Data
Follow the workflow in this guide to ensure that the data in your loan file populates correctly on the REGZ-TIL output forms.
Construction-Only Loans
Construction-only loans are typically short-term in nature, requiring interest-only payments during the construction of a residential building, with final payment due when construction or improvements are complete.
Construction-to-Permanent Loans - Blended Disclosures
Construction-to-permanent loans finance the construction of a residential building and then transition into a permanent loan when the construction phase is complete. Blended disclosures involve sending disclosure packages that include a single Loan Estimate that combines the construction and permanent phases of the loan, and a single Closing Disclosure that combines the construction and permanent phases of the transaction..
Construction Loans in Construction-to-Permanent Loans - Separate Disclosures
Construction-to-permanent loans finance the construction of a residential building and transition into a permanent loan when the construction phase is complete. Separate disclosures involve sending disclosure packages that include two Loan Estimates (one for the construction-only phase and one for the permanent phase) and two Closing Disclosures (one for the construction-only phase and one for the permanent phase).
Processing USDA Loans
Encompass provides a comprehensive set of tools and forms for originating USDA loans. This guide describes the
recommended workflow and the USDA-specific entries on each form.
The Closing Process
Encompass lets you audit, order, and receive closing documents using a single source of information, without leaving
Encompass. After closing documents are returned, the closer can view, print, and send the document package.
Managing Documents Electronically ( Banker Edition)
Use the Encompass eFolder to manage all the electronic
documents and conditions associated with a loan.
Managing Documents Electronically ( Broker Edition)
Use the Encompass eFolder to manage electronic
documents and conditions associated with a loan.
CenterWise
CenterWise combines WebCenter and Electric Document Management (EDM), enabling borrowers to submit a loan application online that a loan
officer can then import directly to their Pipeline.
Sending Initial Disclosures
Use the eDisclosures feature to create electronic disclosure packages and send them to your borrowers. Your borrowers are notified
by email that disclosure documents are available in the Ellie Mae Loan Center or WebCenter websites, where borrowers can access them.
Working with Electronic Documents & eSigning
This quick reference guide provides step-by-step instructions for your borrower to retrieve electronic disclosure documents from the
Ellie Mae Loan Center or WebCenter websites, and then eSign and return them. Uploading documents to the websites and
viewing status updates are also discussed.
ATR/QM Tracking for eFolder Documents
Quickly tag eFolder documents to track for ability-to-repay and qualified mortgage (ATR/QM) compliance issues. Entries for these documents are added
to the Verification and Documentation Tracking tool, where all ATR/QM-related documents can be easily monitored from one location.