Land Gorilla’s construction loan management cloud-based software is now available through Ellie Mae‘s Encompass mortgage management solution, allowing Encompass customers to manage their renovation, construction-only and construction-to-perm loans.
Ellie Mae’s lender clients can access Land Gorilla’s Construction Loan Manager draw management, servicing system and compliance tools directly through Encompass to improve workflow and efficiency post-closing, the companies say.
“We are excited to partner with Ellie Mae,” says Land Gorilla CEO Sean Faries. “Our goal is to help our customers manage the inherent risk associated with construction lending, and bringing our solution to Ellie Mae’s Encompass solution will provide the much-needed tools and support necessary for success.”
Encompass provides one system of record that enables banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency, Ellie Mae says.