v3.26.1
Warehouse Lines of Credit (Tables)
 6 Months Ended
Jun. 30, 2026
Warehouse Lines Of Credit [Abstract]  
Schedule of Credit Facilities The below table has dollars in millions.
June 30, 2026
LenderBorrowing CapacityOutstanding BorrowingsWeighted -Average Interest Rate on Outstanding Borrowings
Bank A1
$8.0 $4.1 6.06 %
Bank B2
$10.0 $5.8 6.56 %
Bank C3
$15.0 $6.9 6.06 %
December 31, 2025
LenderBorrowing CapacityOutstanding BorrowingsWeighted -Average Interest Rate on Outstanding Borrowings
Bank A1
$8.0 $6.3 6.10 %
Bank B2
$10.0 $2.3 6.46 %
Bank C3
$10.0 $6.5 6.24 %
(1) Bank A's interest on funds borrowed is equal to the greater of (i) 5.50%, or (ii) the 30-Day Secured Overnight Financing Rate ("SOFR") plus 2.438%. The agreement ends on August 31, 2026. Encompass was in compliance with debt covenants under this facility as of June 30, 2026.

(2) Bank B's interest on funds borrowed is equal to the note rate. The agreement does not expire and can be canceled by either party at any time. As of June 30, 2026, Encompass was not in compliance with certain of these debt covenants under this facility related to earnings. Encompass was in compliance with debt covenants under this facility as of June 30, 2026.

(3) Bank C's interest on funds borrowed is equal to the greater of 4.50%, or the 30-Day SOFR plus 2.40%. The agreement ends in May 2027. Encompass was in compliance with debt covenants under this facility as of June 30, 2026.