OptiFunder ’s Post

OptiFunder has simplified mortgage warehouse lending for originators and warehouse lenders. Give your team the automation they need to thrive.

💡The most successful tech adopters take a comprehensive approach, regularly reviewing and updating their technology roadmap to integrate tech across all areas of their business, including post-closing/warehouse management. In a mortgage market that’s constantly shifting, maintaining a stable workforce is no small feat. Whether it’s a slowdown or a surge, leveraging technology can be the key to keeping your team engaged and efficient. Warehouse management technology empowers teams to work smarter in variable markets while maximizing profitability. By optimizing warehouse selection and streamlining post-closing processes, your team can focus on value-added tasks rather than getting bogged down by manual work. As the market ebbs and flows, investing in tech that keeps your operations agile and efficient will be the difference between just surviving and truly thriving. #MortgageTech #WarehouseManagement #Efficiency #Leadership #MortgageIndustry

- "Phenomenal job." - "The guys in Funding love it." - "Two thumbs up for ease-of-use and lowering your manufacturing time." Listen as Femi Ayi at Revolution Mortgage talks about their success with our Warehouse Management System.

Don’t miss CEO Michael McFadden, CFA, and Jon Rutila, CMB at Loan Vision this month to learn how you can reduce your second biggest P&L line item, access detailed line reporting, and leverage aggregate ROE analytics for warehouse management. 🎤 Michael McFadden will be speaking on the Executive Track on “FACTORS FOR IMPROVED PROFITABILITY IN POST-CLOSING OPERATIONS,” sharing insights on: 🔵 Lowering warehouse expense and maximizing resources 🔵 Increasing profitability in post-closing operations 🔵 Technology with positive ROI to navigate today’s complex market 📅 TUESDAY, SEPTEMBER 24 🕝 2:45 PM - 3:45 PM *CPE credits available Don't miss this opportunity to gain key insights for your finance team! #LoanVision #WarehouseManagement #MortgageBanking #CPECredits #Profitability #OptiFunder

The most recent reports on unemployment and inflation suggest the economy is headed in the right direction. It seems likely the Fed will drop rates at next week's meeting. Here are a few things for #mortgage originators to think about to maximize profitability amid rate changes: 🔵 We've seen an increase in refinances and purchase loans as originators gradually lower rates. As originators decrease rates, reference rates for warehouse lines remain elevated, resulting in increased costs per loan. A diversified warehouse portfolio with optimized warehouse selection remains crucial. 🔵 Although some relief is expected, the increase in volume underscores the need for efficiency. Reports of burnout are surfacing and are likely to intensify as rates drop and activity continues. Streamlining processes and leveraging technology can help reduce the complexity of loans and ease the burden on your team. #Originators with systems in place to manage their loan funding are better prepared to handle sudden spikes in production without draining their resources. With these swings in volatility, how does your organization compare? Are you positioned to handle sudden changes? Sign up for our monthly report 👇 #mortgagelending #mortgage #mortgagetech

💡 Did you know? Every year, OptiFunder undergoes a SOC 2 Type 2 audit to ensure the highest standards of security and compliance. Our audits are conducted by A-LIGN, a trusted compliance partner for over 2,500 organizations worldwide. SOC 2, established by the AICPA, is designed to protect the personal assets of customers by reviewing a company’s infrastructure, software, people, data, and operations. This global standard affirms that we’re committed to safeguarding information every step of the way!🔒 #CyberSecurity #Compliance #SOC2 #OptiFunder #Mortgage #MortgageIndustry #MortgageLending #MortgageTechnology

The August Report is out. 🔵Warehouse costs and average overnight SOFR consistent with July 🔵Decline in average note rate led to increase in negative warehouse carry 🔵Net warehouse cost per loan has surged to over $150 per $350k loan —the highest recorded this year Relief on the horizon? Download the report 👇

OptiFunder is on a mission to simplify mortgage lending for everyone. Jon Rutila, CMB and Brian Abbott are at the TMC Conference in Denver talking about what we're doing to streamline and optimize the entire warehouse lending process. Don't miss Michael Metz with V.I.P. Mortgage, Inc. and Ryan McLellan with Revolution Mortgage discussing their experiences with OptiFunder at the Preferred Partner Solutions Showcase later today. 📆 Monday, September 9, 2024 🕐 1:00 PM-2:15 PM 🏢 Mineral Hall D/E - 3rd Floor, Room 2 The Mortgage Collaborative #tmcfamily #sponsor #preferredpartner #mortgagelending #mortgage

Curious about working with OptiFunder? V.I.P. Mortgage, Inc. and Revolution Mortgage discuss their experiences with OptiFunder at the Preferred Partner Solutions Showcase tomorrow 📆 Monday, September 9, 2024 🕐 1:00 PM-2:15 PM 🏢 Mineral Hall D/E - 3rd Floor, Room 2 The Mortgage Collaborative #tmcfamily