OptiFunder

OptiFunder is a FinTech company based in St. Louis, Missouri, that focuses on the residential mortgage origination sector. Founded in 2018, it offers a Warehouse Management System designed to optimize and automate the use of warehouse lines for independent mortgage bankers. This system enhances efficiency and reduces costs by connecting various stakeholders in the mortgage ecosystem, including mortgage originators and warehouse lenders. The Warehouse Management System utilizes machine learning and artificial intelligence to streamline the mortgage funding process. Its patented algorithm ensures optimal funding allocation by automating the submission of funding requests and processing purchase advice statements. This leads to significant operational efficiencies, including a reduction in warehouse expenses and time savings in funding and post-closing departments. OptiFunder's mission is to create seamless connections within the mortgage ecosystem, driving stronger relationships between mortgage originators and warehouse lenders.