Mortgage Origination Software: Market Size & Forecast 2026

The global mortgage origination software market sits at approximately USD 8.2 billion in 2025 (base year), expanding to roughly USD 19.6 billion by 2032 at an 11.5% compound annual growth rate. The category operates under a structurally concentrated supply base: ICE Mortgage Technology's Encompass platform commands an estimated 35-40% share of the US enterprise LOS segment, while nCino, Finastra, FIS, and Blend Labs compete for the balance. Demand is volume-driven in the near term, the Mortgage Bankers Association (MBA) forecasts single-family origination rising to USD 2.2 trillion in 2026 from roughly USD 2.0 trillion in 2025, which translates directly into per-seat SaaS expansion for incumbent platforms. > **Analyst Take.** The call is to negotiate adjacent tools (POS, eClosing, automated QC) as standalone contracts, not bundled into the LOS. Encompass and nCino both bundle adjacent to

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