Michael McFadden's Contact Details

Michael McFadden's Company Details

OptiFunder

Saint Louis, MO, US • 10 - 19 Employees
SaaS

OptiFunder is an innovative FinTech company and pioneer of the Warehouse Management Platform for residential mortgage originators. OptiFunder leverages Machine Learning and patented Optimization algorithms to automate and optimize the use of short-term funding facilities for independent (non-bank) mortgage companies. Independent mortgage companies originate over 60% of the more than $1.2 trillion of annual mortgages today. Until now, the funding process of the mortgage has been forgotten about. OptiFunder automates the selection of which funding facility is used to fund each loan based on predictive analytics and optimization algorithms to ensure EVERY loan is funded with the absolute lowest possible cost to the mortgage company.