WebMax, a digital mortgage solution provider, recently announced that they now have an official integration partnership with Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry. While WebMax provides digital mortgage solutions that significantly impact a lender’s greatest needs, Ellie Mae has the ability to help ensure the highest levels of compliance, quality and efficiency.
“Webmax is excited to form an official partnership with Ellie Mae; we feel that through Ellie Mae’s support, our Encompass integration will be enhanced significantly, and will be able to provide our customers with seamless bi-directional connectivity with the loan origination system and a superior digital mortgage experience,” said Kelcey Brown, chief strategy officer and EVP of WebMax.
The recent partnership provides WebMax clients a quick and secure transfer of data between Ellie Mae’s Encompass Platform and WebMax’s digital mortgage application, Start. The direct bi-directional integration with Ellie Mae allows lenders on WebMax’s platform to access their entire loan pipeline, meaning they can see where their loans stands during every stage of the approval process. Additionally, they can run credit and pricing, view appraisals, and send pre-approval letters from their mobile device in real-time through the Encompass platform.
The partnership between Ellie Mae and WebMax will help lenders reduce origination costs, increase loan volume, and decrease closing times. In turn, lenders will prove to be more efficient and productive throughout the loan approval process, allowing them additional time to formulate relationships with borrowers and realtors. This will result in increased satisfaction for homebuyers due to a more seamless process.