As mortgage lenders look for ways to grow without adding operational complexity, Stockton Mortgage has leveraged Genesis by OptiFunder to streamline warehouse lending processes, improve efficiency, and support increasing loan volume with a lean funding team.
For Joe DeDominicis, Chief Financial Officer at Stockton Mortgage, the value of Genesis is measured by results.
"Genesis is one of the few technologies I've invested in where the efficiency gains and cost reductions you expect actually come to fruition."
At Stockton Mortgage, those results have translated into significant operational efficiencies. Processes that once required a larger funding staff can now be managed with far fewer resources, allowing the company to scale without adding headcount at the same pace as production growth.
"What used to require three and a half full-time employees can now be managed by a single funder, even as our volume continues to grow."
Beyond staffing efficiencies, Genesis has helped Stockton improve key warehouse lending metrics through automation and streamlined workflows.
"The lift Genesis gives us has been significant, particularly around purchase advice reconciliation and warehouse operations. We cut about a day and a half off our average warehouse dwell time and ultimately performed a full day better than our peer group."
Extending Efficiency Through Greyhound Connectivity
While Genesis drives efficiencies across Stockton's warehouse lending operations, those benefits are amplified when warehouse lenders are connected through Greyhound.
Working with a Greyhound-connected warehouse lender, Stockton has been able to eliminate additional manual steps that are often required in the funding process.
"I wish all my warehouse lenders used Greyhound. Funding a loan is literally the push of a button. There's no document gathering, no manual uploads, and no extra steps."
By connecting originators and warehouse lenders directly through Greyhound, Stockton can move loans through the funding process more efficiently while reducing operational friction.
"With Greyhound and Genesis together, the process becomes incredibly simple."
Driving Better Outcomes Through Automation
For Stockton Mortgage, the combination of Genesis and Greyhound has helped create a more efficient warehouse lending operation, reducing manual effort, improving key performance metrics, and allowing the company to support growth without proportionally increasing operational resources.
As the mortgage industry continues to look for ways to improve efficiency and reduce costs, Stockton's experience demonstrates the impact that automation and direct connectivity can have across warehouse lending workflows.