Quick Overview
- 1#1: Encompass - Comprehensive digital loan origination system that streamlines mortgage processing from application to closing.
- 2#2: Blend - Digital lending platform accelerating mortgage approvals with seamless borrower experiences and integrations.
- 3#3: Empower LOS - Integrated loan origination and servicing platform for scalable mortgage production and compliance.
- 4#4: Floify - Point-of-sale automation tool digitizing the mortgage journey from lead capture to investor delivery.
- 5#5: Roostify - Digital mortgage origination platform enabling paperless loans and faster closings.
- 6#6: LendingQB - Cloud-based LOS tailored for mortgage lenders with pricing, compliance, and workflow automation.
- 7#7: Calyx Point - Robust point-of-sale and origination software with advanced pricing and document management.
- 8#8: MeridianLink One - Unified digital lending platform supporting mortgage origination and decisioning.
- 9#9: nCino Mortgage Suite - Cloud-native mortgage solution for banks handling origination, underwriting, and servicing.
- 10#10: Cloudvirga - Digital POS and LOS reducing mortgage origination time and costs through automation.
These tools were chosen based on a focus on feature depth (including integrations and automation), user experience, and value, ensuring they deliver tangible efficiency gains and support scalable, compliant operations.
Comparison Table
This comparison table examines key mortgage lender software tools, including Encompass, Blend, Empower LOS, Floify, Roostify, and more, to help readers understand their unique features and capabilities. By analyzing these platforms, you’ll gain insights into how each solution streamlines processes, supports teams, and aligns with diverse lending needs, enabling informed choices for your business operations.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Encompass Comprehensive digital loan origination system that streamlines mortgage processing from application to closing. | enterprise | 9.7/10 | 9.8/10 | 8.5/10 | 9.3/10 |
| 2 | Blend Digital lending platform accelerating mortgage approvals with seamless borrower experiences and integrations. | enterprise | 9.2/10 | 9.5/10 | 8.8/10 | 8.5/10 |
| 3 | Empower LOS Integrated loan origination and servicing platform for scalable mortgage production and compliance. | enterprise | 8.7/10 | 9.2/10 | 7.8/10 | 8.3/10 |
| 4 | Floify Point-of-sale automation tool digitizing the mortgage journey from lead capture to investor delivery. | specialized | 8.7/10 | 9.2/10 | 8.8/10 | 8.3/10 |
| 5 | Roostify Digital mortgage origination platform enabling paperless loans and faster closings. | enterprise | 8.8/10 | 9.1/10 | 9.2/10 | 8.3/10 |
| 6 | LendingQB Cloud-based LOS tailored for mortgage lenders with pricing, compliance, and workflow automation. | specialized | 8.1/10 | 8.4/10 | 7.9/10 | 7.8/10 |
| 7 | Calyx Point Robust point-of-sale and origination software with advanced pricing and document management. | specialized | 7.6/10 | 8.2/10 | 6.8/10 | 7.5/10 |
| 8 | MeridianLink One Unified digital lending platform supporting mortgage origination and decisioning. | enterprise | 8.2/10 | 8.7/10 | 7.9/10 | 8.0/10 |
| 9 | nCino Mortgage Suite Cloud-native mortgage solution for banks handling origination, underwriting, and servicing. | enterprise | 8.7/10 | 9.2/10 | 7.9/10 | 8.1/10 |
| 10 | Cloudvirga Digital POS and LOS reducing mortgage origination time and costs through automation. | specialized | 8.2/10 | 8.5/10 | 8.0/10 | 7.8/10 |
Comprehensive digital loan origination system that streamlines mortgage processing from application to closing.
Digital lending platform accelerating mortgage approvals with seamless borrower experiences and integrations.
Integrated loan origination and servicing platform for scalable mortgage production and compliance.
Point-of-sale automation tool digitizing the mortgage journey from lead capture to investor delivery.
Digital mortgage origination platform enabling paperless loans and faster closings.
Cloud-based LOS tailored for mortgage lenders with pricing, compliance, and workflow automation.
Robust point-of-sale and origination software with advanced pricing and document management.
Unified digital lending platform supporting mortgage origination and decisioning.
Cloud-native mortgage solution for banks handling origination, underwriting, and servicing.
Digital POS and LOS reducing mortgage origination time and costs through automation.
Encompass
enterpriseComprehensive digital loan origination system that streamlines mortgage processing from application to closing.
Configurable workflow engine with AI-driven decisioning for fully customizable mortgage processes
Encompass by Ice Mortgage Technology is the leading loan origination system (LOS) for mortgage lenders, providing end-to-end automation for the entire mortgage lifecycle from origination to closing. It excels in compliance management, digital workflows, and integrations with over 1,000 third-party vendors, enabling lenders to process loans efficiently and securely. Widely adopted by top U.S. lenders, it leverages AI and data analytics to reduce cycle times and improve borrower experience.
Pros
- Comprehensive end-to-end mortgage processing with robust automation
- Superior compliance tools and regulatory updates
- Extensive integrations and scalability for high-volume lenders
Cons
- Steep learning curve for new users
- High implementation and customization costs
- Pricing can be prohibitive for small lenders
Best For
Mid-to-large mortgage lenders needing a scalable, compliant platform for high-volume origination.
Pricing
Custom enterprise pricing per loan volume, typically starting at $50,000+ annually with per-loan fees.
Blend
enterpriseDigital lending platform accelerating mortgage approvals with seamless borrower experiences and integrations.
Point-of-sale decisioning engine delivering real-time credit decisions and pricing in under 60 seconds
Blend is a digital lending platform tailored for mortgage lenders, enabling a fully automated, borrower-centric loan origination process from application to closing. It features mobile-first applications, AI-driven underwriting, and seamless integrations with loan origination systems (LOS) and credit bureaus. By streamlining workflows and reducing manual tasks, Blend significantly cuts origination times while ensuring compliance and data security.
Pros
- Ultra-fast digital borrower experience with instant pre-approvals
- Robust integrations with major LOS, CRMs, and investors
- Advanced automation and compliance tools reducing cycle times by up to 50%
Cons
- High implementation costs and custom pricing
- Steeper learning curve for smaller teams
- Primarily optimized for mortgages, less flexible for other loan types
Best For
Mid-to-large mortgage lenders seeking to digitize high-volume origination and boost conversion rates through superior borrower UX.
Pricing
Custom enterprise pricing based on loan volume; typically starts at $100K+ annually for mid-sized lenders—contact sales for quotes.
Empower LOS
enterpriseIntegrated loan origination and servicing platform for scalable mortgage production and compliance.
Seamless integration with Black Knight's proprietary data assets (e.g., real-time property valuations and flood determinations) for accelerated underwriting
Empower LOS from Black Knight is an enterprise-grade loan origination system (LOS) tailored for mortgage lenders, automating the full loan lifecycle from point-of-sale through underwriting, closing, and post-closing. It leverages Black Knight's extensive data ecosystem for accurate valuations, credit pulls, and compliance checks, enabling efficient high-volume processing. Known for its configurability, it supports custom workflows and integrates seamlessly with servicing platforms like MSP.
Pros
- Robust automation and rules-based workflows reduce manual processing
- Deep integration with Black Knight's data services for faster decisions
- Strong compliance tools and audit trails for regulatory adherence
Cons
- Steep learning curve and complex setup for smaller teams
- High implementation and ongoing costs
- User interface feels dated compared to modern SaaS competitors
Best For
High-volume mortgage lenders and large financial institutions requiring scalable, integrated LOS with enterprise-level compliance and data connectivity.
Pricing
Custom enterprise pricing, typically starting at $500K+ annually based on volume, with per-loan fees and implementation costs.
Floify
specializedPoint-of-sale automation tool digitizing the mortgage journey from lead capture to investor delivery.
Floify Exchange, an open API marketplace enabling 200+ pre-built integrations for effortless connectivity across the mortgage tech stack
Floify is a cloud-based point-of-sale (POS) platform tailored for mortgage lenders, enabling a fully digital loan origination process from application to closing. It features a mobile-first borrower portal for document collection, e-signatures, and real-time status updates, alongside lender tools for task automation, compliance checks, and seamless integrations with major loan origination systems (LOS) like Encompass and Blend. The software emphasizes reducing cycle times and enhancing borrower satisfaction through intuitive workflows and robust security.
Pros
- Extensive integrations with 100+ LOS, CRMs, and pricing engines via Floify Exchange
- Superior borrower experience with mobile app and self-service portal
- Advanced automation for disclosures, tasks, and compliance to shorten loan cycles
Cons
- Pricing scales with volume and can be costly for low-volume lenders
- Advanced customization and reporting may require professional services
- Steeper learning curve for non-tech-savvy teams despite intuitive UI
Best For
Mid-sized to enterprise mortgage lenders seeking to digitize borrower journeys and integrate deeply with existing LOS ecosystems.
Pricing
Per-loan pricing starting at ~$25-$50 per closed loan, with volume discounts and custom enterprise subscriptions available upon request.
Roostify
enterpriseDigital mortgage origination platform enabling paperless loans and faster closings.
Intelligent borrower portal with proactive notifications and no-touch document verification
Roostify is a cloud-based digital mortgage origination platform that enables lenders to provide a seamless, borrower-centric loan application experience. It features a customizable borrower portal for online applications, e-signatures, document uploads, and real-time status updates, while integrating deeply with major loan origination systems like Encompass and Blend. The platform automates workflows, ensures compliance, and analytics to reduce cycle times and operational costs for mortgage lenders.
Pros
- Superior borrower portal minimizes call center volume and speeds up data collection
- Robust integrations with LOS like Encompass and LendingPad for smooth operations
- Proven to reduce loan cycle times by up to 50% through automation
Cons
- Pricing is opaque and quote-based, often high for smaller lenders
- Advanced customizations require developer support
- Reporting and analytics lack depth compared to enterprise competitors
Best For
Mid-sized to large mortgage lenders aiming to digitize borrower journeys and scale origination volumes efficiently.
Pricing
Custom enterprise pricing via quote, typically $50K+ annually based on loan volume and features; per-loan fees may apply.
LendingQB
specializedCloud-based LOS tailored for mortgage lenders with pricing, compliance, and workflow automation.
Lightning-fast digital workflow that integrates POS, LOS, and pricing engines for end-to-end loan origination in under 15 minutes
LendingQB is a cloud-based loan origination system (LOS) tailored for mortgage lenders and brokers, automating the entire lending lifecycle from point-of-sale to servicing. It offers digital workflows, compliance tools, and integrations with credit bureaus, pricing engines, and document providers to streamline operations. The platform emphasizes speed and efficiency, enabling paperless loan processing and rapid closings while maintaining regulatory adherence.
Pros
- Comprehensive mortgage-specific automation reduces processing time significantly
- Strong built-in compliance and audit features minimize regulatory risks
- Seamless integrations with key industry partners like Encompass and Ellie Mae
Cons
- Pricing is opaque and requires custom quotes, potentially costly for small lenders
- Initial setup and learning curve can be challenging for non-tech-savvy teams
- Limited flexibility for non-traditional mortgage products
Best For
Mid-sized mortgage lenders and brokers handling moderate to high loan volumes who need scalable automation without building custom systems.
Pricing
Custom pricing model based on loan volume; typically per-loan fees starting at $40-75 per closed loan or monthly subscriptions from $500+.
Calyx Point
specializedRobust point-of-sale and origination software with advanced pricing and document management.
Its integrated Point Forms Filler and compliance suite that automates dynamic form population and real-time TRID/ATR regulatory adherence.
Calyx Point is a veteran mortgage loan origination system (LOS) from Calyx Software, designed to manage the full loan lifecycle from point-of-sale application intake to underwriting, compliance checks, and closing. It features robust tools for automated underwriting, document generation, TRID compliance, and integrations with AUS like DU/LP, credit bureaus, and investors. Primarily desktop-based, it serves lenders seeking reliable, industry-proven origination capabilities with extensive customization options.
Pros
- Comprehensive mortgage-specific features including built-in underwriting and compliance engines
- Strong integrations with major AUS, investors, and pricing engines
- Proven reliability with decades of industry use and regular regulatory updates
Cons
- Dated, Windows desktop interface feels outdated compared to modern cloud LOS
- Steep learning curve and complex initial setup for new users
- Limited mobile and remote access capabilities
Best For
Established small to mid-sized mortgage lenders prioritizing compliance, integrations, and proven stability over modern UI.
Pricing
Quote-based licensing starting at around $500-$1,500 per month per origination channel, scaling with volume, users, and add-on modules.
MeridianLink One
enterpriseUnified digital lending platform supporting mortgage origination and decisioning.
MeridianLink Intelligence, an AI-powered analytics engine providing predictive insights and automated decisioning across the lending lifecycle
MeridianLink One is a comprehensive digital lending platform tailored for mortgage lenders, offering end-to-end loan origination, underwriting, closing, and servicing capabilities. It integrates seamlessly with credit bureaus, pricing engines, document management systems, and compliance tools to streamline operations and reduce manual processes. The platform emphasizes automation, borrower self-service portals, and data analytics to enhance efficiency and decision-making for financial institutions.
Pros
- Robust integrations with 300+ partners including credit bureaus and LOS systems
- Strong compliance automation and audit trails for regulatory adherence
- Scalable architecture supporting high-volume mortgage processing
Cons
- Complex initial configuration and customization requirements
- Higher cost structure suited more for mid-to-large lenders
- User interface can feel dated in some modules despite recent updates
Best For
Mid-sized mortgage lenders and credit unions needing a unified platform for origination and servicing with strong compliance features.
Pricing
Custom enterprise pricing based on loan volume and modules; typically subscription-based starting at $50,000+ annually, quote required.
nCino Mortgage Suite
enterpriseCloud-native mortgage solution for banks handling origination, underwriting, and servicing.
Salesforce-native unified platform enabling seamless data flow across the entire mortgage lifecycle
nCino Mortgage Suite is a cloud-based, Salesforce-powered platform that provides end-to-end mortgage origination, processing, underwriting, closing, and servicing for lenders. It automates workflows, ensures regulatory compliance, and delivers a digital borrower experience with features like e-signatures, document management, and real-time analytics. Designed for financial institutions, it integrates seamlessly with core banking systems to enhance efficiency and reduce cycle times.
Pros
- Comprehensive end-to-end mortgage lifecycle management with strong automation
- Robust compliance tools and AI-driven document processing
- Deep Salesforce integration for scalability and customization
Cons
- Steep learning curve due to Salesforce complexity
- High implementation costs and lengthy setup time
- Pricing is enterprise-level and not transparent
Best For
Mid-to-large mortgage lenders needing a scalable, integrated platform for high-volume origination and compliance.
Pricing
Custom quote-based pricing; typically $100,000+ annually for mid-sized deployments, scaling with users and modules.
Cloudvirga
specializedDigital POS and LOS reducing mortgage origination time and costs through automation.
TotalONE digital mortgage platform for real-time collaboration between borrowers and lenders throughout the entire origination process
Cloudvirga is a cloud-based digital mortgage origination platform that streamlines the loan application process for lenders through its point-of-sale (POS) solution. It offers a borrower portal for self-service document uploads, status tracking, and e-signatures, while providing lenders with tools for pricing, compliance, and pipeline management. The platform integrates with major loan origination systems (LOS) to enable faster processing and improved borrower experience.
Pros
- Seamless borrower self-service portal reduces manual interactions
- Strong integrations with popular LOS like Encompass and Ellie Mae
- Demonstrated ability to shorten loan cycles by up to 18 days
Cons
- Pricing can be steep for smaller lenders
- Initial setup and training require significant time investment
- Reporting and analytics lack depth compared to top competitors
Best For
Mid-sized mortgage lenders seeking to digitize borrower interactions and accelerate origination without building custom solutions.
Pricing
Custom enterprise pricing based on loan volume and features; typically ranges from $50,000+ annually with per-loan fees.
Conclusion
The top three tools highlight the best in mortgage lender software, with Encompass leading as the top choice for its comprehensive end-to-end processing. Close behind, Blend excels in seamless borrower experiences, and Empower LOS stands out for scalability and compliance, offering strong alternatives tailored to different operational needs.
For those aiming to optimize their mortgage lending workflows, exploring Encompass should be a priority—its streamlined processes can drive efficiency and boost overall performance.
Tools Reviewed
All tools were independently evaluated for this comparison