LodeStar Software Solutions, a provider of mortgage fee data, announced its Loan Estimate Calculator now is available through Ellie Mae’s Encompass. The integration allows lenders to access LodeStar’s products directly through Encompass to drive quality and efficiency in the loan origination process.
Encompass users instantly and securely can generate a quote from LodeStar’s Loan Estimate calculator without duplicating any data entry. All quotes are guaranteed for accuracy and instantly returned in the proper TRID format. Fee quotes include transfer taxes, municipal recording charges, title insurance premiums and settlement costs across all 50 states. Clients can set up their settlement service providers’ fees in the system or work with LodeStar’s national network of settlement agents.
“LodeStar is delighted to partner with Ellie Mae,” LodeStar founder and CEO Jim Paolino said in a press release. “Our secure, seamless integration enables our clients using Encompass to simplify the manual fee-quoting process for the Loan Estimate and Closing Disclosure forms, so they can process mortgage loans and grow their businesses faster.”