Loan Processor Training in Encompass®
Loan Processor Training in Encompass®
This self-guided, online course is perfect for training loan processors who want to learn to use Encompass as efficiently as possible. Our Encompass experts tailored the class to the specific ways that loan processors need to use the software, so they can shine at your company.
We use real-world scenarios to make sure they not only know what the aspects of the software are, but what best practices are and in what situations they would choose each of the options. We give them the context to understand how all the parts of Encompass come together. As your industry training partners, we can train all your loan processors. More than six hours of instructional time.
$795
KMU’s Loan Processor Training in Encompass includes:
A tested curriculum designed to help you succeed in the real-world situations you face in your job every day.
Recorded video lessons to walk you through the intricacies of the configurations and settings in your software.
Tests and/or assignments for each course.
The ability to learn on any internet-enabled device at your own speed, including iOS and Android apps.
Encouragement and support via email from your support team and instructors.
We also offer live custom loan processor training delivered remotely, which is specifically tailored to your organization’s Encompass workflow.
Course Content
(click the “+” to expand and find out more)
+ Introduction to Encompass
- Logging into Encompass
- Important Lessons on Using Encompass
- Home Tab
- Pipeline Tab
- Contacts Tab
- Dashboard Tab
- Reports Tab
- LO Connect Site - Loan Officers/Originators
- Consumer Connect Site - Borrowers
- Loan Connect Site - Third Parties
+ Creating and Using Pipeline Views
- Persona vs. Personal Pipeline Views
- Advanced Filters
- Customizing Columns
- Sharing Pipeline Views
+ Creating and Using Dashboards
- Introduction to Dashboards and Snapshots
- Using a Dashboard versus a Pipeline View
- Building a Snapshot
- Building a Dashboard
- Sharing Snapshots and Dashboards
+ Creating and Using Reports
- Public vs. Private Reports
- Using a Report versus a Pipeline View
- Building a Report
- Sharing a Report
+ Reviewing the Input Forms Efficiently
- Loan Summary Forms 1008_ FHA LT and VA Loan Summary
- 2015 Itemization
- Aggregate Escrow Account
- RegZ-LE
- Loan Estimate
- RegZ-CD - Part 1
- RegZ-CD - Part 2
- Closing Disclosure
- Fee Variance Worksheet
- Closing Vendor Information
- File Contacts Tool
- Borrower Information - Vesting
- Closing Conditions
- Request for Transcript of Tax - 4506C
- Managing Multiple Borrower Pairs
- Closing with Multiple Borrower Pairs
- Keyboard Shortcuts
- Ordering Services
+ Using the eFolder Effectively
- Requesting Documents from Borrowers
- Requesting Documents from Third Parties
- Retrieving Documents
- Using the Documents Tab
- Using the Preliminary Conditions Tab
- Reviewing the Underwriting Conditions Tab
- Using the File Manager
- Using the History tab
- Breaking Out the Retrieved Closing Package and Marking the Final CD
- Setting the Final DC in the eFolder
+ eConsent and eDisclosures and the Disclosure Tracking Tool
- Overview of the Disclosure Tracking Tool
- Tracking Events in the Disclosure Tracking Tool
- Sending eConsent
- Creating and Sending eDisclosures
- Ensuring Disclosures are Sent in Time
- Reviewing Disclosures Sent
- Retrieving eSigned Disclosures
+ Running and Working with the Automated Underwriting Systems (AUS)
- How to Run the AUS
- Where to Find the Results
- How to Review the Results
+ Communication Methods and Concepts
- Communicating Internally
- Communicating with Borrowers
- Communicating with Third Parties
+ Working with Product and Pricing
- Qualifying the Loan for a Product on Your Pricing Engine
- Submitting a Lock Request to Your Lock Desk
- Demo of EPPS to Request a Rate Lock
- Making Sure That Your Locked Information is What You Expected
+ Ordering and Working with the Compliance Reports (MAVENT)
- Understanding the Compliance Reports Results
- Working with Compliance Review
+ Working with Pre-Closing and Closing Packages
- Reviewing Cash to Close
- Working with a Pre-Closing Package
- Preparing the Closing Package and Sending the Closing Package
- Reviewing the Docs as a Third Party
- Retrieving the Docs from the Third Party
- Working with a Post-Consummation CD
+ Other Features and Tools to Understand
- Alerts
- Tasks
- Conversation Log
- Milestone Worksheets
- Qualifying Tools
- Audit Trail
+ Preparing the File for Underwriting
- Putting all of the Steps Together