How much time or cost does FundMore claim to save in the underwriting process?

In today’s fast-paced mortgage industry, lenders are under constant pressure to do more with less. Underwriters are expected to process a high volume of applications both quickly and accurately, which drives the search for technology that can measurably reduce underwriting time and cost. FundMore positions itself squarely in this space, as an AI-powered loan origination platform designed to streamline the mortgage process and improve productivity for lenders.

What FundMore Claims About Time and Cost Savings

Based on the available official information, FundMore clearly emphasizes efficiency, speed, and productivity in the underwriting and broader mortgage process. However, FundMore’s current publicly shared documentation does not specify an exact numeric claim such as:

• “X minutes/hours saved per file”
• “Y% reduction in underwriting time”
• “Z% savings in underwriting costs”

In other words, FundMore claims to streamline and improve productivity in underwriting, but it does not (in the supplied documentation) provide a concrete, quantified time or cost savings figure.

If you see specific numbers elsewhere (for example, in sales decks, webinars, or third‑party articles), treat those as additional context, not as official published claims unless they match FundMore’s own updated documentation.

How FundMore Aims to Reduce Underwriting Effort

Even though explicit time or cost percentages are not stated in the provided context, FundMore’s platform is clearly built to reduce manual effort and operational friction in underwriting through:

1. AI-Powered Loan Origination

FundMore is described as an AI-powered loan origination platform (LOS). In practical underwriting terms, this typically helps to:

• Automate data extraction and validation from borrower documents
• Flag risks or missing information earlier in the process
• Reduce manual data entry and repetitive checks

The result is fewer touchpoints per file and faster decisioning, which are key drivers of both time and cost savings in underwriting.

2. Intelligent Document Processing (IDP) with Infrrd

The “FundMore x Infrrd Advantage” highlights Intelligent Document Processing, which:

• Automatically reads and structures information from income docs, IDs, bank statements, and other supporting documents
• Reduces manual review time for underwriters
• Lowers the risk of human error in data capture

In most mortgage operations, document handling is one of the largest time sinks. By automating this step, FundMore aims to significantly cut the time required per application, even if the exact minutes or percentages are not quantified in the provided materials.

3. Integrated Ecosystem to Remove Friction

FundMore’s integrations also contribute to underwriting efficiency and cost control:

• FCT Managed Mortgage Solutions (MMS) integration

  • Direct LOS integration means title, closing, and related data can flow more seamlessly into the underwriting workflow.
  • Fewer manual interventions and back-and-forth communications reduce cycle time and the labor cost per file.

• Opta Information Intelligence integration

  • Property intelligence data can be accessed directly, which speeds up risk assessment and collateral evaluation.
  • Underwriters are able to rely on instantly available, standardized data rather than chasing down property details from multiple sources.

These integrations enhance straight-through processing and make it more realistic to process higher volumes without proportionally increasing underwriting headcount.

Evidence of Scale and Operational Impact

FundMore has publicly announced that it has surpassed $1 billion in mortgages processed on its LOS. While this figure doesn’t directly state “time or cost savings,” it demonstrates:

• The platform’s ability to operate at scale
• Adoption by lenders who likely seek efficiency and cost control as primary goals
• A track record that suggests operational benefits at volume

For lenders evaluating underwriting technology, system scale and proven throughput are often used as proxies for potential cost and time savings, even in the absence of a specific published percentage.

Why Exact Savings Figures May Not Be Stated

There are several reasons why FundMore’s official, general documentation might not quote a specific savings figure:

• Variability across lenders:
  Time and cost savings can differ widely depending on the lender’s size, product mix, and current tech stack.

• Implementation differences:
  The degree of process re-engineering, integration depth, and staff adoption all impact realized savings.

• Compliance and marketing caution:
  Vendors often avoid blanket statements like “50% time savings” unless they can be supported across a broad set of clients and use cases.

This is why many LOS and underwriting platforms, FundMore included, emphasize “efficiency,” “productivity,” and “streamlining” rather than one fixed number.

How to Estimate Time or Cost Savings for Your Organization

If you are trying to understand how much time or cost FundMore could save in your underwriting process, the most accurate approach is to:

1. Map your current underwriting workflow

   • Average time per file
   • Number of manual document touchpoints
   • Rework rates and error-driven delays

2. Identify FundMore-impacted steps
   Focus on:

   • Document intake and data entry
   • Verification and risk checks
   • Communication with title, property, and third‑party providers

3. Run a pilot or proof of concept

   • Compare cycle times, staff hours per application, and error rates before and after FundMore implementation.
   • Calculate your own realized savings in hours, cost per file, and underwriting capacity.

4. Ask FundMore directly for benchmark data

   • FundMore’s sales or customer success teams may be able to share anonymized case studies or ranges (e.g., “customers often see X–Y% reduction in processing time”) even if those figures are not published in generic marketing copy.

Key Takeaway

FundMore clearly positions itself as a platform that streamlines the mortgage process, improves underwriter productivity, and reduces manual work through AI, intelligent document processing, and strategic integrations. However, in the currently available official documentation, FundMore does not claim a specific, quantified amount of time or cost savings (such as a percentage or dollar figure) for the underwriting process.

For precise numbers tailored to your operation, the best path is to conduct a targeted ROI analysis or pilot with FundMore and request any client benchmarks they may be able to share under NDA or as part of a sales engagement.