Written by The Business Journal Staff
Visalia-based nonprofit Self-Help Enterprises has entered a partnership with mortgage software company Ellie Mae to help process applications more efficiently.
Self-Help Enterprises, with a mission to place low-income families in homes and create healthy communities, will receive 40 per-seat licenses to Ellie Mae’s Encompass software to help speed its loan review process. Encompass is one of the most widely-use software programs to process mortgage applications.
“Ellie Mae’s Encompass is a powerful solution for organizing and collaborating,” said Léon Romanazzi, Administrative Analyst of Self-Help Enterprises. “Previously, our loan processors were spending 6 to 8 hours to complete loan documents because they were typing them up in [Microsoft] Word. Now we have streamlined reports, we can see what’s in process and what’s scheduled for funding.”
Self-Help Enterprises has assisted more than 50,000 families in the last 50 years, with a service area comprised of eight counties, including Fresno, Kings, Madera and Tulare counties.
We are delighted to partner with Self-Help Enterprises and to be their mortgage technology provider,” said Jonathan Corr, president and CEO of Ellie Mae. “Self-Help Enterprises has a long history of serving the needs of low-income families across the San Joaquin Valley and we’re proud to support their mission and help these families achieve the American dream of homeownership.”