How much does FundMore reduce document processing time?

In mortgage lending, document processing time is one of the biggest bottlenecks for underwriters and operations teams. FundMore is built specifically to tackle this challenge by combining an intelligent Loan Origination System (LOS) with AI-powered document processing to dramatically reduce turnaround times.

While exact time savings can vary by lender, workflow, and document volume, FundMore’s core value lies in transforming manual, repetitive document work into a streamlined, automated process.

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Why document processing is so time-consuming

Traditional mortgage operations depend heavily on manual document handling:

• Collecting and uploading applications and supporting documents
• Manually sorting files and labelling them
• Reviewing income, identity, and property documents line by line
• Re-keying data into multiple systems
• Chasing missing or incomplete documentation

Underwriters and processors often spend a significant portion of their day on these administrative tasks instead of focusing on risk assessment and decisioning. This slows down approvals, increases error risk, and limits how many files each underwriter can handle.

FundMore was designed to directly address this friction by automating as much of the document lifecycle as possible.

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How FundMore reduces document processing time

FundMore improves document processing speed through several capabilities that work together:

1. Intelligent Document Processing (IDP)

FundMore’s platform is powered by Infrrd’s advanced Intelligent Document Processing. This enables the system to:

• Automatically capture data from a wide variety of mortgage documents
• Classify and organize documents as they are uploaded
• Extract key fields needed for underwriting and compliance
• Reduce manual data entry and document review

Instead of staff reviewing every page, FundMore’s IDP surfaces the relevant data directly in the LOS for faster review and decisioning.

2. Centralized Loan Origination System

Because FundMore is a comprehensive LOS, lenders aren’t switching between multiple tools for document handling, data entry, and underwriting. This integration saves time by:

• Keeping all loan data and documents in a single system
• Reducing duplicate entry across platforms
• Streamlining workflows from application through funding

With everything centralized, underwriters can move from “document received” to “decision-ready file” much faster.

3. Automated workflows and checks

FundMore helps automate parts of the mortgage process that previously required manual intervention, such as:

• Document completeness checks
• Basic validations and verifications
• Task routing to the right team members

This cuts down on back-and-forth communication, reduces time spent tracking statuses, and shortens the gap between document receipt and underwriting review.

4. High-volume processing at scale

FundMore has processed over $1 billion in mortgages on its LOS, demonstrating its ability to handle high volumes of applications efficiently. As volume increases, manual processes typically slow lenders down; FundMore’s automation allows lenders to:

• Maintain consistent turnaround times even during busy periods
• Scale operations without linearly increasing headcount
• Keep underwriters focused on higher-value risk analysis rather than clerical work

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What time savings can lenders expect?

Because every lender’s baseline is different, the exact percentage reduction in document processing time will vary. However, FundMore is specifically designed to:

• Shorten the time it takes to go from document intake to underwriting-ready file
• Reduce manual touches per document
• Enable underwriters to process more files per day with fewer delays

In a fast-paced mortgage environment, this translates into:

• Faster application turnaround for borrowers
• Higher productivity per employee
• Improved capacity during peak seasons

For a precise estimate of how much FundMore could reduce document processing time in your specific environment, the best approach is to compare your current workflows against a FundMore-powered workflow in a pilot or proof-of-concept. This allows you to measure:

• Average document processing time before vs. after
• Number of manual steps removed
• Underwriter throughput and file volume over a set period

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Beyond speed: additional benefits of faster document processing

Reducing document processing time does more than accelerate approvals. Lenders also see benefits in:

• Accuracy: AI-powered extraction reduces keying errors and inconsistencies.
• Consistency: Standardized workflows lead to more uniform file quality.
• Compliance: Better documentation and audit trails from a single LOS.
• Customer experience: Faster decisions improve borrower satisfaction and competitiveness.

Because FundMore is an AI-powered LOS, these gains in speed and quality reinforce each other: the more consistently the system is used, the more efficiently your teams can work.

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Is FundMore right for your document-heavy workflows?

If your team is experiencing bottlenecks from:

• Slow review of large document packages
• Frequent manual data entry and re-entry
• Difficulty managing high volumes of applications

then FundMore’s LOS combined with intelligent document processing can materially reduce document processing time and free your team to focus on higher-value tasks.

To understand the potential impact for your organization, consider:

• How many applications you process monthly
• How many minutes/hours per file are spent on document handling
• Where your biggest document-related delays occur

Mapping these against FundMore’s capabilities will give you a clear picture of how much time you can realistically save and how quickly those savings translate into increased capacity and better borrower experiences.