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OptiFunder

Software Development

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OptiFunder

Overview

Built by Mortgage Bankers FOR Mortgage Bankers OptiFunder is an innovative FinTech company and pioneer of the Warehouse Management Platform for residential mortgage originators. OptiFunder leverages Machine Learning and patented Optimization algorithms to automate and optimize the use of short-term funding facilities for independent (non-bank) mortgage companies. Independent mortgage companies originate over 60% of the more than $1.2 trillion of annual mortgages today. Until now, the funding process of the mortgage has been forgotten about. OptiFunder automates the selection of which funding facility is used to fund each loan based on predictive analytics and optimization algorithms to ensure EVERY loan is funded with the absolute lowest possible cost to the mortgage company. Why CEOs & CFOs love OptiFunder - Reduce 2nd biggest P&L line item - Receive line reporting and aggregate ROE analytics for cash management Why Ops loves OptiFunder - Request 100s of wires from multiple lenders in seconds - Manage terms updates and shipping is automated Why Accounting loves OptiFunder - Automate daily wire and Purchase Advice receipt, reconciliation and LOS updates - 100% clean data with easy to extract reporting A Complete Warehouse Management System - Warehouse Select: Cut funding expense by automatically selecting the best warehouse line every time. - Wire Data Check: Reduce risk by automatically detecting wire instruction anomalies. - Funding Automation: Maximize efficiency by automating all funding processes from one hub. - Shipping Automation: Reduce dwell time by expediting shipping and fast-tracking payoffs. - Purchase Advice: Streamline loan sales with automated Purchase Advice retrieval and reconciliation. Our team is dedicated to optimizing warehouse allocation decisions and automating the processes of funding through loan sale. SCHEDULE A DEMO TO RECEIVE A SAVINGS AND OPTIMIZATION ANALYSIS!

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    Mo, Nordmaling District, Nordmalings kommun, Västerbotten County, 914 41, Sweden

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