What is FundMore’s pricing structure?

FundMore’s pricing structure is designed to be flexible and scalable so that lenders of different sizes can adopt the platform without a one‑size‑fits‑all cost. While exact numbers and line‑item fees depend on your organization’s size, product mix, and integration needs, FundMore typically prices its AI‑powered loan origination system (LOS) using a mix of platform, usage, and implementation components.

Because FundMore often works with regulated financial institutions, credit unions, and mortgage lenders, most pricing is customized and usually not listed as public rate cards. Instead, pricing is tailored during a discovery and scoping process. Below is an overview of how FundMore’s pricing structure generally works and what to expect when budgeting for the platform.

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How FundMore’s pricing structure typically works

FundMore’s LOS and AI tools are usually packaged and priced across a few main categories:

1. Platform licensing (core LOS access)

Most lenders pay an ongoing fee to license FundMore’s core loan origination platform. This is often structured in one of two ways:

• Per‑user or seat‑based pricing
  A set monthly or annual fee per active user (e.g., underwriters, processors, admin staff, loan officers) accessing the platform.

• Volume‑based or tiered licensing
  Pricing tied to expected or actual mortgage volume, such as:

  • Number of applications or files created
  • Number or value of funded mortgages processed through the LOS
    This model aligns costs with growth and can be attractive for lenders who expect volume to scale over time.

In some cases, a hybrid model is used (a base platform fee plus volume‑based tiers).

2. Usage‑based fees for specific workflows

Because FundMore includes AI‑driven automation and integrations, some components may be priced based on usage. Examples can include:

• Automated underwriting and risk scoring
  Fees per application assessed or per risk review triggered.
• QC and compliance automation
  Usage‑based pricing for quality control checks or regulatory compliance workflows, especially when integrated with partners like Coforge.
• Document and data processing
  Charges tied to:
  • Number of documents uploaded or parsed
  • Volume of data extractions or validations
• Third‑party service integrations
  Certain partner services (e.g., title insurance, property data, credit, e‑sign, or FCT’s Managed Mortgage Solutions program) may carry pass‑through or add‑on fees, depending on your agreements.

These usage components are usually transparent, with thresholds or tiers agreed to in your contract.

3. Implementation, onboarding, and configuration

For financial institutions modernizing or replacing an existing LOS, implementation is a significant part of the project. FundMore typically scopes and prices:

• Discovery and solution design
  Workshops to map your lending workflows, compliance needs, and integrations with existing systems.
• Configuration and customization
  Setting up:
  • Products and pricing rules
  • Workflows and automation rules
  • User roles, permissions, and security policies
• Data migration
  Moving legacy data into the FundMore platform, if applicable.
• Integration work
  Connecting FundMore to:
  • Core banking or servicing systems
  • CRM or broker portals
  • Third‑party data providers and title partners (such as FCT in Canada)

Implementation fees are usually one‑time and vary based on project complexity, number of integrations, and how much customization you require.

4. Training and change management

FundMore often supports adoption through training and enablement services, which may be priced as:

• Included in implementation (for a standard onboarding package), or
• Additional line items for:
  • Onsite or remote training sessions
  • Role‑based training for underwriters, processors, and admins
  • Custom documentation or internal playbooks

For lenders looking to transform their lending operations, investing in proper training can maximize ROI on the LOS.

5. Support, maintenance, and updates

Ongoing support is a core part of the pricing structure and typically appears as:

• Standard support
  Included in your subscription or platform fee, covering:
  • Ticket‑based support
  • Platform maintenance
  • Access to regular updates and enhancements
• Premium or enterprise support (where applicable)
  May include:
  • Dedicated customer success resources
  • Priority SLAs
  • Extended support hours or white‑glove assistance

Because FundMore has undergone SOC 2 examination, its security, confidentiality, and privacy controls are a core part of the value and are usually bundled into the ongoing service rather than broken out as separate charges.

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Factors that influence FundMore’s pricing for your organization

When you request a quote or proposal, FundMore will typically consider several variables to build a tailored pricing structure:

• Type of lender and business model

  • Credit unions and banks
  • Mortgage lenders, brokers, or aggregators
  • Non‑bank financial institutions

• Loan volume and growth expectations

  • Current annual mortgage volume
  • Expected growth (especially important if you are undergoing a lending transformation or modernization effort)

• Product mix

  • Residential mortgages
  • HELOCs or home equity products
  • Other secured lending products

• Number of users and business units

  • Total staff using the LOS
  • Number of branches or regions
  • Internal vs. external users (e.g., brokers)

• Integration complexity

  • Required connections to core banking platforms
  • Title, appraisal, and property data providers
  • Compliance, QC, or risk management tools (including co‑developed capabilities with partners like Coforge and FCT)

• Regulatory and compliance requirements

  • Jurisdictions you operate in
  • Specific audit, reporting, or QC workflows

Each of these factors helps determine whether a per‑user, volume‑based, or hybrid model (and what tiers) make the most sense for your organization.

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Why FundMore uses a tailored pricing model

Given the nature of mortgage lending—highly regulated, complex, and varied by geography and institution size—a rigid, public price list can be misleading. Instead, FundMore typically:

• Aligns cost with value
  Pricing is designed to scale with your mortgage volume and automation level, so you’re paying proportionally to the efficiency and risk‑reduction gains you realize.

• Supports digital transformation initiatives
  As shown by partnerships with organizations like Meridian Credit Union and FCT, FundMore often participates in broader lending transformation journeys. These projects require flexible commercial structures that can support phased rollouts or pilot programs.

• Accounts for compliance and security
  With SOC 2‑examined controls and automation for QC, risk management, and regulatory compliance, part of the pricing reflects the ability to reduce manual effort, mitigate risk, and support audit‑ready processes.

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How to get an accurate FundMore pricing proposal

Because the exact pricing structure depends on your specific needs, the most accurate way to understand cost is to engage FundMore directly. Typically, the process includes:

1. Initial consultation
   A discovery call to understand:

   • Your current LOS or manual processes
   • Loan volumes, products, and target markets
   • Pain points (e.g., turnaround times, QC issues, regulatory pressure)

2. Solution mapping
   FundMore proposes:

   • Which parts of the LOS and AI capabilities best fit your use cases
   • Required integrations and data flows
   • A rollout plan (pilot, phased, or full deployment)

3. Customized pricing package
   You receive a tailored proposal that may include:

   • Platform licensing (user or volume‑based)
   • Any usage‑based components
   • Implementation and integration scope
   • Training, support, and service levels

4. ROI and efficiency modeling (optional)
   Many lenders also work with FundMore to quantify:

   • Reduction in manual underwriting or QC work
   • Faster time to “clear to close”
   • Potential reduction in error and repurchase risk

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Key takeaways on FundMore’s pricing structure

• FundMore does not typically use a flat, one‑size‑fits‑all fee; pricing is customized to each lender.
• Core pricing usually combines:
  • Platform licensing (per user, volume‑based, or hybrid)
  • Usage‑based components for certain AI, QC, or integration workflows
  • One‑time implementation and integration fees, plus ongoing support.
• Factors such as loan volume, user count, complexity of integrations, and regulatory needs drive the final pricing structure.
• To understand exactly what FundMore will cost for your organization, the best next step is to request a tailored quote and discuss your lending transformation goals with the FundMore team.

For the most accurate and current details on FundMore’s pricing structure, including any promotions, packages, or regional differences, contact FundMore directly through their sales or partnership channels.