Ellie Mae – Why Work For Us?

Ellie Mae

At Ellie Mae, we’ve been changing what’s possible in the mortgage business since 1997. And while the industry has changed, our mission to automate mortgages so lenders can achieve compliance, quality and efficiency hasn’t. Nor will it. 
 
We serve banks, credit unions and mortgage companies of all sizes. We’re committed to our clients. We’re committed to the mortgage business. And we’re committed to innovating how mortgage professionals work, and work together, to originate, process and close high-quality, compliant loans.

Compliance

Comply with confidence no matter what regulators throw at you.

One loan can be subject to hundreds of regulations—a burden for even the most well-staffed compliance team. Automate compliance with technology supported and maintained by Ellie Mae’sindustry-recognized compliance counsel and experts.

  • Automatically review loans for potential ATR/QM, HOEPA, HMDA, FHA, TILA and NMLS violations.
  • Receive instant alerts to RESPA, MDIA, HUD and LO Compensation concerns.
  • Correct mistakes before they jeopardize closing dates or profit margins.
 
Quality

Originate higher-quality, more profitable loans faster.

Loan quality. Investors demand it, and you’re on the hook to deliver. Meet today’s heightened quality demands with ease using the best-practice workflow provided by our Total Quality Loan™ (TQL) program in Encompass:

  • Produce higher-quality, compliant loans that investors can buy with confidence.
  • Quickly get your loans purchased and off your warehouse line.
  • Easily export proof of ATR/QM compliance to investors or for audit purposes
Efficiency

Work quickly, work correctly and close loans faster than ever.

With origination costs now eclipsing $6,000 per loan according to the MBA, high efficiency is the key to staying productive and competitive. A Forrester Consulting study revealed that lenders using Encompass achieved:

  • 57 percent ROI in 2.9 months.
  • Savings of $231 per loan on average.
  • $75,000 in potential compliance costs.

Inspiration & Innovation on Tap

People quickly find out why Forbes Magazine has ranked Ellie Mae among the Top 100 Places to Work. Why? Ellie Mae commits itself to improving quality of life and community development each day because it’s part of our cultural DNA; it’s how we roll; it’s how Ellie Mae cares; and it starts at home, because Ellie Mae is passionate about its people. Find your niche now and help us automate the entire Mortgage Industry.

This year, we’re turning up the heat and getting ready to take on the challenges that 2015 is bringing to the mortgage industry. And, we’re not kidding around. More than 70 engineers and IT professionals will join our team this year alone, and you could be one of them.

INNOVATION, PASSIONATE AND FULFILLING

It doesn’t take long to understand why Forbes Magazine named Ellie Mae one of the top 100 places to work in 2013.

The passion: At Ellie Mae, we’re passionate about everything we do and are laser-focused on automating the mortgage industry.

The culture: Creative and caring? Open and honest? Respectful of your work-life balance? That’s Ellie Mae.

The benefits: All full-time employees receive stock options, generous PTO, annual performance-based bonuses and pre-tax dependent care and healthcare accounts, on top of full medical, dental and vision insurance.

The growth opportunities: We support on-going learning by providing a variety of resources ranging from online self-guided courses to external courses and conferences. Tuition reimbursement is also available.

Ellie Mae Reviews

3.3
Rating Trends
Recommend to a friend
Approve of CEO
Ellie Mae President, CEO, and Director Sigmund (Sig) Anderman
Sigmund (Sig) Anderman
19 Ratings
  • Great High Growth Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Pleasanton, CA
    Current Employee - Anonymous Employee in Pleasanton, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ellie Mae (More than 3 years)

    Pros

    Leader in mortgage software Collaborative team environment Strong financials and history of profitability

    Cons

    Growing pains; systems and infrastructure are stretched

    Advice to Management

    Keep up the great work!


Ellie Mae Interviews

Interview Experience

Interview Experience

33%
11%
55%

Getting an Interview

Getting an Interview

66%
22%
11%

Interview Difficulty

3.5
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Technology Interview

    Anonymous Interview Candidate
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. I interviewed at Ellie Mae.

    Interview

    Very professional fair and reasanable. was called whithin days, had phone interview followed by in personinterview with the team as well as the managers, had feedback very soon and received the offer in a timely manner.

    Negotiation

    Very resanable.

Ellie Mae Awards & Accolades

Let us know if we're missing any workplace or industry recognition – Add an award

Recent Updates
  • Ellie Mae update
    30+ days ago

    PETER HIRSCH JOINS ELLIE MAE AS EVP, TECHNOLOGY AND OPERATIONS Former IBM chief SaaS architect, SAP executive brings cloud technology expertise to new role. Hirsch brings more than 30 years of technology experience to his new role, with specific expertise in cloud technology applications. Prior to joining Ellie Mae, Hirsch served as a SVP at Ariba Inc., an SAP company, where he was responsible for the company's SaaS application suite and global data center infrastructure. Prior to Ariba, Hirsch spent seven years as a chief architect and business unit leader @ IBM, chief architect @Alphabox,.

  • Ellie Mae update
    30+ days ago

    ELLIE MAE NAMED WINNER OF TECH & INNOVATION AWARD San Francisco Business Times recognizes Ellie Mae in Enterprise category for its Encompass all-in-one mortgage management solution PLEASANTON, CA – May 28, 2015 – Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, has been honored with a Tech & Innovation Award by the San Francisco Business Times. Ellie Mae was recognized in the awards’ Enterprise category for Encompass,

0

Additional Info

Website www.elliemae.com
Headquarters Pleasanton, CA
Size 500 to 999 Employees
Founded 1998
Type Company - Public (ELLI)
Industry Information Technology
Revenue $100 to $500 million (USD) per year

Ellie Mae® is a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry. We offer Encompass®, an end-to-end solution, delivered using a Software-as-a-Service (SaaS) model that serves as the core operating system for mortgage originators. Encompass spans customer relationship management, loan origination and business management. We also host the Ellie Mae Network, an integrated network that allows mortgage professionals to conduct electronic business transactions with the mortgage lenders and settlement service providers ... More

Work at Ellie Mae? Share Your Experiences

Ellie Mae

 
Click to Rate
or