Encompass Pricing for Mortgage Brokers

ICE Mortgage Technology does not publish a price for Encompass. It is quoted privately, usually as a per-user subscription plus a fee per closed loan on a multi-year contract, with setup and integration billed on top. Software Advice lists Encompass as "pricing available upon request" with no free trial, rated 4.0 from 42 reviews and 3.7 out of 5 for value for money. For comparison, the broker LOS vendors that do publish prices charge $40 to $100 per user per month (LendingPad) or $49.99 per originator seat billed yearly (ARIVE Core).

So the honest answer to "how much does Encompass cost" is: more than the broker seats with price tags, by an amount you only learn from a quote. What we can do is lay out every figure that is actually public, separate the real numbers from the illustrative ones that circulate online, and show what a small brokerage pays per loan on each route. Figures verified September 2026.

Encompass pricing at a glance

How much does Encompass cost for a mortgage broker?

Expect a quote built from three parts: a subscription per licensed user, a charge per closed loan, and a one-time setup or implementation fee, with add-ons such as the pricing engine, eClose, document preparation and third-party integrations priced separately. Contracts are typically annual or multi-year. ICE sells Encompass across the whole market, from brokers to the largest retail lenders, and the same platform is configured very differently at each end, which is one reason no single rate card exists.

You will see specific dollar tables online. The most widely copied comes from a software development agency, and it shows a small broker at $500 a month plus $200 per loan and $3,000 in setup, a mid-sized lender at $1,000 a month plus $350 per loan, and an enterprise at $2,500 a month plus $500 per loan. The same article uses named example companies and round-number case studies. Treat those figures as an agency's illustration of how the pricing is shaped, not as ICE's prices. Nobody outside a signed contract can quote Encompass accurately, and we will not pretend otherwise.

What does "Encompass product and pricing" mean?

It is not the price of the software. "Product and pricing" is ICE's name for its pricing engine, the tool a loan officer uses to search loan programs and price a scenario inside Encompass. ICE's site lists it as ICE PPE (Product and Pricing Engine), still referencing the Encompass Product and Pricing Service name in its datasheet, and describes it as the only pricing engine natively embedded into Encompass. It is a separate product from the LOS. If you are budgeting, ask whether it is included in your quote, because broker-focused systems like ARIVE bundle unlimited pricing requests into every originator seat.

Encompass versus published broker LOS prices, per loan

A per-loan view makes the gap concrete. The table below models a two-person brokerage (one loan officer, one processor) closing 10 loans a month. The Encompass row uses the agency's illustrative small-broker figure, clearly labeled, because there is no public number to use instead.

Two things stand out. First, for a small broker the LOS is no longer the expensive line, whichever system you pick. Second, processing is. The Mortgage Bankers Association reported that independent mortgage banks spent $10,936 per loan in total production expense in the second quarter of 2026 against a net production profit of $973 per loan. Those are lender figures, not broker figures, but they show where the money in a mortgage file goes: people reading, checking and chasing documents.

What Encompass does not do for you

Encompass is a system of record. It holds the application, runs disclosures and conditions, and connects to investors, and it has a large ecosystem of add-ons for everything else. What it does not do out of the box is read a borrower's bank statements and tell you what is in them. Someone still opens every page, totals deposits by month, finds the large deposits that need a source, counts NSF items and spots the recurring payment to a private lender that never appeared on the credit report.

That reading job is what mortgage automation software is for, and it is the part of the stack where a broker gets the fastest return. LenderAnalyzer takes the borrower's statement and income PDFs and returns monthly deposit totals, large deposits, NSF and overdraft counts, recurring debts and average daily balance in Excel, each figure traced to its source page. It works beside Encompass, ARIVE, LendingPad or Calyx, starts at $99 a month and needs no implementation, so you can run it on a live file before any LOS decision is made. On bank statement loans it doubles as a bank statement income calculator for the 12 and 24 month programs.

Is Encompass worth it for a small broker?

It can be, but usually not first. Encompass earns its cost when volume is high enough that custom workflows, investor integrations and a deep add-on ecosystem save real labor, or when a brokerage is planning to become a correspondent or delegated lender and wants one platform for the journey. ICE's own study claims $1,154 of impact per loan; that is a vendor-commissioned figure, so weigh it as such.

For a broker closing 5 to 20 loans a month and submitting to wholesale lenders, the published-price systems cover origination, the borrower portal and pricing for a small fraction of any plausible Encompass quote. The money is better spent on the processing bottleneck. Our comparison of the best LOS for mortgage brokers covers the systems in more depth, and the mortgage broker tools page prices the whole stack job by job.

Hidden costs to ask about in an Encompass quote

If you do request a quote, get these in writing so you can compare it with a published rate card:

• The per-user price for originators and for support staff, and whether processors need a full seat.
• The per-closed-loan fee, whether it applies to funded loans only or to every file, and any monthly minimum.
• Contract length, auto-renewal terms and the cost to add or remove users mid-term.
• Implementation, data migration and training fees, and who does the configuration.
• Which products are included: the pricing engine, document preparation, eClose, the borrower portal and credit or verification integrations.
• Administration: many Encompass shops end up paying an internal admin or an outside consultant to maintain workflows.

Small recurring costs pile up across a team too. Beyond the LOS and CRM, loan officers need compliant email that carries their NMLS ID, which is why many brokerages standardize it with email signature software rather than asking each LO to maintain their own.

Frequently asked questions

How much does Encompass cost?

ICE does not publish Encompass pricing. It is quoted per company, typically as a per-user subscription plus a fee per closed loan, with setup, integrations and add-on products billed separately. Software Advice lists it as pricing on request with no free trial. Illustrative figures online are agency estimates, not ICE rates.

Does Encompass charge per loan?

Encompass contracts commonly include a per-closed-loan component alongside user subscriptions, which is why the cost scales with volume. The exact structure varies by contract. Ask whether the fee applies to funded loans only, whether there is a monthly minimum, and whether add-on services carry their own per-loan charges.

What is the Encompass Product and Pricing Service?

It is ICE's loan pricing engine, used to search programs and price scenarios inside Encompass, now presented as ICE PPE (Product and Pricing Engine). ICE lists it as a separate product from the Encompass LOS, so "product and pricing" searches are about the engine, not the cost of the software.

What is the cheapest LOS for mortgage brokers?

Among systems with published prices, ARIVE Core at $49.99 per originator per month billed yearly, with a $19.99 support seat, is one of the lowest for a complete LOS, POS and pricing setup. LendingPad publishes $40 to $100 per user per month. Neither reads bank statements, which is where LenderAnalyzer fits at $99 a month.

Is Encompass good for mortgage brokers?

Encompass is a capable, widely used platform, rated 4.0 from 42 reviews on Software Advice, and it suits brokers with high volume or plans to become a lender. Smaller brokers often find broker-first systems cheaper and simpler, and put the savings toward processing, which is usually the larger cost per file.