Encompass vs Loancrate
Loan Origination Systems head-to-head · axis by axis, same rubric for both
ICE Mortgage Technology
Loan Origination Systems
| Axis | Encompass | Loancrate |
|---|---|---|
| Production impact | 4.9 | 2.3 |
| Functionality & depth | 4.9 | 2.3 |
| Integrations & ecosystem | 4.9 | 1.8 |
| Adoption & support | 4.4 | 2.5 |
| Return on spend | 3.9 | 2.3 |
| Overall | 4.7 | 2.2 |
Encompass wins 5 of 5 axes. Same rubric, same weights, no sponsorships.
What the rubric says
Encompass and Loancrate are both scored in Loan Origination Systems. Encompass carries an overall of 4.7, Loancrate an overall of 2.2. The widest gap between them is Integrations and ecosystem, at 3.1 of a point. That axis measures how well it reaches the rest of the stack. Encompass takes it, 4.9 to 1.8.
Where the five axes separate
On Integrations and ecosystem the record favours Encompass, 4.9 against 1.8. On Production impact the record favours Encompass, 4.9 against 2.3. On Functionality and depth the record favours Encompass, 4.9 against 2.3. On Adoption and support the record favours Encompass, 4.4 against 2.5. On Return on spend the record favours Encompass, 3.9 against 2.3.
Pricing posture
Encompass does not publish pricing. Its listed model is quote only, enterprise contract with per loan components. Loancrate does not publish pricing. Its listed model is quote only, scoped by stack, loan volume and team size.
Deployment and who each one targets
Deployment for Encompass: Cloud delivered with a desktop client, plus browser based connector products. Deployment for Loancrate: Cloud. Segment focus for Encompass: Banks, credit unions and independent mortgage bankers of any size running retail, TPO or correspondent production. Segment focus for Loancrate: Not stated by the vendor; aimed at lenders whose bottleneck is document review. The two entries name different buyers.
What each record credits
Encompass: Unmatched integration ecosystem. Encompass: Broad compliance coverage, and ICE moves quickly on regulatory change. Encompass: Genuine enterprise scale, proven at the highest volumes in the industry. Loancrate: Intake documents get classified and renamed automatically, with validation built. Loancrate: Conditions generate from extracted document data, not a processor’s keyboard.
What each record holds against them
Encompass: The SDK to Encompass Partner Connect migration is a real cost and a real deadline. Encompass: Implementation usually runs three to nine months, against two to six weeks for cloud-native alternatives. Encompass: Enterprise pricing based on closed loan volume, with high total cost and meaningful administrator overhead. Loancrate: Not one integration partner named anywhere, only vendor categories. Loancrate: No customer named; homepage logos are unlabeled. Loancrate: Ownership, funding, headquarters and founding year all absent from the site.
Which one fits which shop
Best fit for Encompass: Large IMBs, enterprise lenders, and high-volume institutions where integration breadth and compliance depth outweigh cost. Best fit for Loancrate: A lender drowning in document intake and manual condition creation.
What each entry concludes
Encompass: The industry standard and the platform every enterprise buyer benchmarks against. Encompass: Covers the full lifecycle from application through underwriting, closing, and investor delivery, with the deepest partner ecosystem. Loancrate: Loancrate is a cloud LOS with a narrow, specific pitch. Loancrate: Documents classify and rename themselves on arrival, validation included, and conditions generate from the extracted data.
The short answer
Encompass finishes ahead on the published rubric, 4.7 to 2.2. The margin comes mostly from Integrations and ecosystem. Same rubric, same weights, no sponsorships.
Both tools are scored on the same weighted rubric, production impact carries the most weight. Comparisons are never sponsored. Disclosure →