Genesis by OptiFunder
Warehouse Lenders (3)
LendingPad_logo_full_horizontal_color

Connect with OptiFunder to learn more about Genesis + LendingPad.

Learn how LendingPad and Genesis work together to automate and streamline your post-close workflow.

Click play on the video below to learn more.

FEATURES & INTEGRATIONS

Simplify funding through loan sale

Optimize your warehouse selections for optimal performance and automate funding through loan sale activities such as batch funding, automatic wire checks, collateral tracking, purchase advice reconciliation, and paydown requests.

Connect LendingPad, your doc custodians, investors, and warehouse lenders for a seamless funding lifecycle.


  • Optimization

  • Wire Data Checks

  • Funding Automation

  • Shipping Automation

  • Purchase Advice

  • Reporting

OptiFunder Warehouse Management System (1)

Automatically select the best warehouse on your terms

Take control of your cost of capital by automatically optimizing warehouse allocations based on your strategic goals.
Genesis by OptiFunder automatically tells you where to fund your loans to achieve optimized warehouse expense based on factors such as capacity, sub-limits, product eligibility, curtailments, interest rates, funding & non-use fees, and rebate incentives.
 
Genesis by OptiFunder WMS Graphics - Wire Checks

Automatically check wire data for an added level of protection

Automatically check payees account and bank routing numbers against our extensive transaction database.

Genesis by OptiFunder WMS Graphics - Funding Automation

Batch funding requests at the press of a button

Create and send wire requests, receive fed reference numbers, and update LendingPad fields automatically.

Genesis by OptiFunder WMS - Shipping

Automate collateral status tracking and shipping requests to reduce dwell

Our Shipping module offers a consolidated view of funded loans categorized by Wet/Dry collateral status and enables automated shipping and payoff requests to warehouse banks.

Genesis by OptiFunder WMS Purchase Advice

Automatically reconcile purchase advice and LOS write-back

Expedite warehouse line paydown requests by automating Purchase Advice retrieval, reconciliation, reporting and write-back to LendingPad. Genesis by OptiFunder retrieves, reads and reconciles 100s of Purchase Advances in minutes.

WMS Screenshots (800 × 600 px) (7)

Customizable, exportable reports

Actual and projected expenses are available in snapshot, graphs and detail. Plus, you can easily export to MS Excel.

Warehouse management is complicated and disconnected.

Independent mortgage originators utilize multiple revolving funding facilities to fund their loans, all of which have unique terms and restrictions making it impossible to know which line to use to fund every loan.

The mortgage originators’ systems are not connected to the warehouse lenders’ systems which are not connected to the document custodians’ systems creating inefficient and costly transactions.

WMS Screenshots (800 × 600 px) (5)

OptiFunder makes it easy by streamlining the process and connecting all participants.

OptiFunder leverages a proprietary optimization algorithm to optimize the loan funding decision and significantly reduce effective cost of warehouse.

OptiFunder integrates the mortgage originator, warehouse lender, document custodian, and investors providing a seamless funding transaction.

Improve The Bottom Line

Achieve Lowest Cost of Capital and Increase Return on Investment

OptiFunder uses machine learning and artificial intelligence (AI) to systematically decision where to fund loans on given warehouse lines based on unique loan eligibility characteristics, warehouse terms, pricing, and the lenders' financial objective.

Whether it is to achieve lowest cost of capital or return on equity, our propriety algorithm takes the manual guesswork out of warehouse lending.

WMS Screenshots (2)
BACK TESTS & CASE STUDIES

Software that pays for itself

Genesis by OptiFunder helps IMBs reduce warehouse expense by optimizing loan decisions. With the added efficiency gains of automating funding through loan sale, the return on investment is noticeable.