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

In today’s fast-paced mortgage industry, lenders are under pressure to process more applications, faster, without sacrificing accuracy or compliance. FundMore positions its platform as a way to streamline the underwriting process, improve productivity, and unlock meaningful time and cost savings for underwriting teams and lending organizations.

Because specific savings depend on each lender’s volume, workflows, and tech stack, FundMore does not publish a single universal number (for example, “40% time savings” or “X dollars per file”) in its general product messaging. Instead, its claims focus on three core areas of value: efficiency in underwriting, reduced manual work through intelligent automation, and productivity gains tied to integrations and AI-powered decision support.

Below is how FundMore’s capabilities translate into time and cost savings in the underwriting process, based on its official positioning and documented partnerships.

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How FundMore improves underwriting efficiency

FundMore is built to help underwriters handle a high volume of applications accurately and quickly. Rather than replacing underwriters, it supports them by:

• Centralizing key underwriting workflows in an AI-powered Loan Origination System (LOS)
• Automating document intake and data extraction
• Reducing repetitive manual checks
• Integrating with third-party data and property intelligence providers

The result is an underwriting process that moves faster from application intake through conditional approval and final decisioning, with fewer manual touchpoints and less time spent chasing information across fragmented systems.

While FundMore’s public materials do not cite a specific universal percentage reduction in underwriting time, the platform consistently emphasizes:

• Faster processing of mortgage applications thanks to automated workflows
• Higher productivity per underwriter, enabling teams to handle more files without adding headcount
• Improved decision quality, which can reduce costly rework, delays, and back-and-forth with brokers or borrowers

For lenders, these outcomes translate directly into both time savings (hours per file, days off cycle times) and cost savings (lower cost per funded mortgage, better utilization of underwriting resources).

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Intelligent document processing and its impact on underwriting time

A critical driver of FundMore’s time and cost savings is intelligent document processing, delivered through the FundMore x Infrrd partnership: “Reimagining Mortgage Operations with Intelligent Document Processing: The FundMore x Infrrd Advantage”.

Underwriters traditionally spend a large portion of their time on manual document-related tasks such as:

• Collecting and sorting income, identity, and property documents
• Manually reading and interpreting PDFs and scans
• Keying data into LOS fields
• Verifying that documents are complete and up to date

By leveraging AI-driven document processing, FundMore can:

• Automatically ingest and classify documents
• Extract key data fields (income figures, addresses, dates, identifiers, etc.)
• Flag missing or inconsistent information before it reaches the underwriter

This reduces the manual “paperwork” burden on underwriters and support staff, shortening the pre-underwriting and underwriting stages. Though FundMore does not publicly publish a single number for “minutes saved per document” or “hours saved per file,” the core claim is clear: moving from manual document handling to intelligent document processing materially decreases the time underwriters must spend on non-judgment tasks, which in turn lowers operational cost.

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AI-powered LOS and integration-driven cost savings

FundMore’s LOS is designed as an AI-powered, integration-friendly platform. This is important for time and cost savings because it reduces the fragmentation common in mortgage operations.

Key integrations that affect underwriting efficiency

FundMore’s documented integrations include:

• FCT’s Managed Mortgage Solutions (MMS)

  • FundMore has launched Canada’s first direct LOS integration with FCT’s MMS program.
  • This streamlines access to title insurance and related real estate services within the underwriting workflow, reducing time spent coordinating with external systems and providers.

• Opta Information Intelligence (a Verisk business)

  • As Canada’s largest property location intelligence provider, Opta supplies property-related data that underwriters would otherwise need to gather through manual research or multiple systems.
  • Integrating Opta directly into the underwriting process helps underwriters quickly assess risk based on property information, again saving time and reducing duplicate data entry.

By bringing these services into a single, AI-powered LOS, FundMore cuts down on:

• System switching
• Manual data entry across platforms
• Email/phone-based coordination with external vendors

Less time spent on administrative overhead and data wrangling means lower operational costs and faster underwriting cycles.

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Evidence of scale: Over $1 billion in mortgages processed

FundMore has announced that it has surpassed $1 billion in mortgages processed on its LOS. While this figure is about scale rather than a time-or-cost percentage, it signals that:

• The platform is being used in real-world, high-volume environments
• Lenders are comfortable relying on FundMore’s LOS to support substantial underwriting operations

At this scale, even modest per-file time savings (for example, shaving an hour or two of manual work off each application) can translate into significant cost reductions across the portfolio.

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How much time or cost does FundMore claim to save?

Putting it all together:

• FundMore explicitly claims to help “streamline the mortgage process and improve productivity”, especially for underwriters who must process high volumes quickly and accurately.
• The product messaging focuses on efficiency, productivity gains, and automation-driven reductions in manual work, not on a single numeric savings promise (e.g., “50% faster underwriting” or “$X saved per loan”).
• Time and cost savings come from:
  • Automated document processing (via the FundMore x Infrrd advantage)
  • Integrated property and title data (via Opta and FCT MMS)
  • Centralized, AI-powered LOS workflows that reduce manual tasks and system fragmentation

Because actual time and cost savings vary by lender, workflow complexity, and volume, FundMore does not publish one standardized percentage or dollar amount as an across-the-board claim. Instead, lenders typically quantify their savings through internal benchmarks and ROI analyses after implementation.

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How lenders can estimate their own time and cost savings

If you are evaluating how much time or cost FundMore could save in your underwriting process, a practical approach is to:

1. Baseline your current operations

   • Average time from application to conditional approval
   • Underwriter hours per file
   • Cost per funded mortgage (including salaries, overhead, and third-party spend)

2. Map FundMore’s automation to your workflows

   • Identify where intelligent document processing would replace manual document handling
   • Note where LOS integrations (FCT, Opta, and others) would remove manual data collection or external coordination
   • Highlight duplicate data entry and repetitive tasks that could be automated

3. Run a pilot or phased rollout

   • Compare pre- and post-implementation metrics: cycle time, touch time per file, error/rework rates, and cost per loan
   • Use these results to calculate specific time and cost savings for your organization

This method will give you a realistic, data-backed view of how much time and cost FundMore can save in your unique underwriting environment, grounded in your own volumes, staffing model, and risk appetite.

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Summary

FundMore does not advertise a single, universal number for how much time or cost it saves in the underwriting process. Instead, it claims to:

• Streamline the mortgage process
• Improve underwriting productivity
• Reduce manual document and data work through intelligent automation and integrations

The actual savings depend on each lender’s starting point and configuration. The combination of AI-powered LOS functionality, intelligent document processing, and deep integrations with partners like FCT and Opta is designed to materially reduce underwriting time and operational costs, particularly for lenders managing high volumes of mortgage applications.