Mortgage LOS Comparison
Encompass vs LendingPad: Side-by-Side Comparison
Two mortgage loan origination systems compared on features, pricing, compliance, and fit for banks, credit unions, and brokers.
Our Analysis
Growing mortgage teams doing 50-1,000 loans annually should evaluate LendingPad before committing to Encompass's enterprise price tag. At $100-$300/user/month, LendingPad delivers cloud-native multi-user simultaneous editing and a modern interface with minimal training required. Encompass at $500-$1,500/user/month plus per-loan fees adds 300+ integrations and deep compliance automation — overkill for teams under 30 staff. Depositories needing Fiserv or Jack Henry core connectivity cannot use LendingPad; it targets non-depository lenders exclusively.
At a Glance
Encompass
ICE Mortgage Technology
Full LOS Mortgage
- HQ
- Pleasanton, CA
- Founded
- 1997
- Deployment
- cloud, hybrid
- Size Fit
- Midsize ($1B-$10B assets), Enterprise ($10B+ assets)
- Pricing
- Typically $500–$1,500/user/month depending on volume and modules; implementation runs $50K–$200K+
- Users
- 3,000+ lenders
- Market Share
- ~50% of U.S. mortgage LOS market
LendingPad
LendingPad
Full LOS Mortgage
- HQ
- McLean, VA
- Founded
- 2015
- Deployment
- cloud
- Size Fit
- Small (under $1B assets), Midsize ($1B-$10B assets)
- Pricing
- Estimated $100–$300/user/month
- Users
- Not publicly disclosed
- Market Share
- Growing share among mid-market mortgage lenders
Feature-by-Feature Comparison
| Feature | Encompass | LendingPad | Edge |
|---|---|---|---|
| Loan Types | Mortgage | Mortgage | Tie |
| Deployment | cloud, hybrid | cloud | Encompass |
| Pricing Model | Subscription (per-seat + per-loan transaction fees) | Per-user monthly subscription | Tie |
| Pricing Range | Typically $500–$1,500/user/month depending on volume and modules; implementation runs $50K–$200K+ | Estimated $100–$300/user/month | Tie |
| Product Category | Full LOS | Full LOS | Tie |
| Core Integrations | Fiserv, Jack Henry, FIS, Black Knight, Optimal Blue | Limited — focused on mortgage industry integrations | Encompass |
| Best For | Mid-to-large mortgage lenders who need deep compliance automation and a vast partner ecosystem | Growing mortgage operations (50–1,000 loans/year) that want a modern, cloud-native LOS with strong multi-user collaboration | Tie |
| Lender Segments | Banks, Credit Unions, Mortgage Banks, Brokers | Brokers, Mortgage Banks, Banks, Credit Unions | Tie |
| Size Fit | Midsize ($1B-$10B assets), Enterprise ($10B+ assets) | Small (under $1B assets), Midsize ($1B-$10B assets) | Tie |
Key Differences
- Encompass offers cloud and hybrid deployment, while LendingPad offers cloud deployment.
- Encompass fits Midsize ($1B-$10B assets) and Enterprise ($10B+ assets) institutions, while LendingPad targets Small (under $1B assets) and Midsize ($1B-$10B assets) institutions.
- Encompass (founded 1997) has a longer track record, while LendingPad (founded 2015) brings a more modern architecture.
Choose Encompass if...
- ▸ Industry-standard platform — easiest to find trained staff
- ▸ Deepest compliance automation in the market
- ▸ Massive partner ecosystem reduces integration headaches
- ▸ Strong secondary market connectivity (Fannie, Freddie, Ginnie)
Choose LendingPad if...
- ▸ Modern, clean interface — lowest learning curve in the category
- ▸ True multi-user collaboration in loan files
- ▸ Cloud-native architecture with no legacy technical debt
- ▸ Responsive, hands-on customer support (smaller company advantage)
Frequently Asked Questions
At what volume does Encompass justify its premium over LendingPad?
Above 1,000 loans per year with 10+ staff, Encompass's compliance automation, secondary market connectivity, and 300+ partner ecosystem justify the 3-5x cost difference over LendingPad.
Does LendingPad match Encompass's compliance features?
LendingPad includes compliance with automated disclosures but lacks Encompass's real-time regulatory update engine and the depth of compliance automation across all 50 states that enterprise lenders depend on for exam readiness.
Can LendingPad integrate with core banking systems?
No. LendingPad has limited core banking integration and targets non-depository lenders. Banks and credit unions needing Fiserv, Jack Henry, or FIS connectivity need Encompass, BytePro, or another depository-focused platform.
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Try the LOS FinderAI-powered underwriting by Aloan works with both Encompass and LendingPad.