New Jersey-headquartered Visionet [1] has announced that it has completed the integration of its VisiLoanReview (VLR) with Ellie Mae’s [2] Encompass Digital Lending Platform.
The integration includes using Ellie Mae’s Encompass Partner Connect. It allows lenders to more efficiently and securely share data between Visionet’s VLR solution and Encompass to drive quality and efficiency in the loan origination process.
Visionet said that its VLR enables lenders to process a large volume of documents with a high degree of accuracy and precision. Along with higher borrower satisfaction, lenders enjoy the benefits of faster loan disbursals and reduced operations cost. The VLR platform is built on an enterprise-level architecture and is ideal for any document-intensive workflow within the lending lifecycle, including loan setup, loan boarding, pre- and post-closing operations and audits.
“Visionet is delighted to partner with Ellie Mae,” said Arshad Masood, CEO at Visionet Systems, “VLR’s secure, seamless integration with Encompass enables our clients to simplify the process of data extraction, indexing, and stacking, so they can more efficiently process mortgage loans and grow their business. We look forward to a long, successful relationship with Ellie Mae.”
Visionet is a service provider for the mortgage and title industries Through its digitally powered outsourcing services and technology, it helps mortgage businesses transform their operations and scale their business effectively. As a part of mortgage processing services, Visionet delivers digital disruption by being the first company to offer zero cost technology as a part of its solutions. The company’s technology products complement its top-of-the-line mortgage outsourcing services.