Encompass vs Vesta
Loan Origination Systems head-to-head · axis by axis, same rubric for both
ICE Mortgage Technology
Vesta Innovations, Inc. (independent, venture backed)
| Axis | Encompass | Vesta |
|---|---|---|
| Production impact | 4.9 | 4.6 |
| Functionality & depth | 4.9 | 4.3 |
| Integrations & ecosystem | 4.9 | 4.6 |
| Adoption & support | 4.4 | 4.0 |
| Return on spend | 3.9 | 3.7 |
| Overall | 4.7 | 4.3 |
Encompass wins 5 of 5 axes. Same rubric, same weights, no sponsorships.
One long running platform, one company still proving it
ICE sells Encompass as loan manufacturing software across retail, wholesale and correspondent channels. Its mortgage segment booked $557 million in the second quarter of 2026, up 5 percent. Origination technology contributed $197 million.
Vesta describes an AI native LOS where staff and AI agents work loans together. Mike Yu and Devon Yang founded it in 2020. Both came from the point of sale vendor Blend.
The two products sell against different problems. Encompass sells breadth and an existing operating footprint. Vesta sells lower cost per loan through task routing between people and agents.
What Vesta has raised and who sits behind it
Vesta has raised $55 million. Backers include Andreessen Horowitz, Bain Capital Ventures, Index Ventures, Conversion Capital and Zigg Capital. The $30 million Series A closed in January 2022.
In September 2025 Pennymac took an undisclosed minority stake in Vesta. That ties a large customer to the vendor balance sheet. It also concentrates risk if the relationship ever changes.
The deadline that shapes an Encompass renewal
ICE retires the Encompass software development kit on 31 December 2026. The date moved once from October 2025. New SDK feature work stopped on 1 November 2025.
Continued access needs special arrangement and monthly fees that ICE does not publish. Get that figure in writing before renewing. Vesta has published no comparable retirement deadline.
ICE says over 70 percent of service orders already run through Encompass Partner Connect. The unmigrated remainder is where rebuild cost sits. Partners have described that work as a heavy lift.
Named lenders and named partners
Vesta names Pennymac, NAF, AFN, Upstart, NBKC and Valon as customers. Verus Mortgage Capital went live on 21 July 2026. New American Funding announced a phased rollout beginning in 2027.
Partner names arrive through press releases rather than a marketplace page. Blend, Floify, Polly, Truv, Argyle, Reggora, Snapdocs and Relcu all appear. The product page itself names categories, not vendors, so ask for the certified list.
Encompass reports a much larger installed base. A G2 listing cites over 3,100 lenders and investors. That figure is vendor supplied and not independently audited.
The efficiency numbers and what backs them
Vesta publishes a Pennymac result of 25 percent lower origination operating cost. It also cites 50 percent loan officer efficiency gains and processing time falling from 14.5 hours to 11. These come from one customer with no published method.
Treat those figures as vendor stated and unverified. Vesta also claims a 988 percent rise in AI agent use, with no baseline given. ICE publishes $5 returned per $1 spent, from a vendor commissioned MarketWise Advisors study of 171 employees at 147 companies.
That ICE study also claims $1,056 in extra gross profit per loan. Both vendors are selling the same promise here. Both ask a buyer to accept the arithmetic without the workpapers.
Evidence a buyer can check, and where it runs out
Encompass holds 4.0 on Capterra across 42 reviews and 7.9 out of 10 on TrustRadius across 89. Reviewers cite crashes, no autosave and slow loading. A third party monitor logged 16 Encompass incidents since April 2025.
Vesta has almost no third party review record. One directory listing shows zero reviews. Neither company publishes a price, so both cost conversations begin blind.
Vesta also publishes no implementation timeline. New American Funding signed in July 2026 for a rollout starting in 2027. That gap is the number to pin down in a demo.
Recent Encompass incidents cluster short. The monitor logged events in December 2025, January, February, March and April 2026. Durations ran from 20 minutes to about three hours.
Which one to pick
A non-QM or specialty lender with in-house engineering should run Vesta through a paid pilot. Task routing suits proprietary guidelines that agency rules do not cover. A bank or credit union that needs referenceable stability today should renew Encompass.
Ask Vesta for three references at your volume plus written uptime for the last twelve months. Ask ICE for the monthly SDK access fee that applies after 31 December 2026.
Also in this category
Also in this category: Dark Matter Empower vs Arive and Dark Matter Empower vs LendingPad.
Both tools are scored on the same weighted rubric, production impact carries the most weight. Comparisons are never sponsored. Disclosure →