BETHESDA, MD., November 16, 2021 / PRNewswire / – Walker & Dunlop, Inc. today announced the launch of a new digital lending platform powered by machine learning to significantly grow its low balance multi-family lending business.
âMulti-family investors want a faster, more seamless borrowing experience,â Walker & commented. Dunlop Senior Vice President and Head of Production Alison williams. âThat’s why we asked our data scientists and engineers to automate loan sizing and pricing. Ms. Williams continued, âWe have created a more efficient process for investors to review financing options, tailor them to their project needs, and monitor the lending process with much more transparency, all thanks to our tailor-made technology.
Walker & Dunlop’s small scale technology platform offers the following benefits:
- Streamlined lending experience that automatically generates quotes in minutes using predictive algorithms and real estate cash flow
- Interest rate and property value calculations using proprietary real-time rent, expense and comparable sales data
- Greater transparency of loan conditions from quote to closing
To learn more about the new platform, visit https://www.walkerdunlop.com/small-balance/.
Walker & Dunlop will continue to accelerate the growth of its small multi-family lending platform by automating underwriting processes, growing its brand as the leading multi-family lender in the United States, and combining its best people with the best technology in the world. its category to offer the best financing experience to our clients.
Walker & Dunlop is the leading provider of capital to the U.S. multifamily market, originating $ 31 billion transactions and financing on $ 24 billion of multi-family properties in 2020. The company is also a leading agency lender and was named No.1 Fannie Mae DUSÂ® Lender and No.4 Freddie Mac OptigoÂ® Lender in 2020. The dedicated team at Walker & Dunlop has experience with all types of loans within the small multi-family loan space, including Freddie Mac Small Balance Loans and Fannie Mae Multifamily Small Loans, which provide financing for different types of properties, such as properties at market rates, mixed-use properties and prefabricated housing communities (MHC).
Multi-family loans under $ 10 million in size represented 80 billion dollars of total loan volume in 2020 and 22% of all commercial mortgage originals. This fast-growing market is highly fragmented with more than 3,000 capital providers. Walker & Dunlop uses its people, brand and technology to scale quickly and grow market share in this exciting market.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is the largest provider of capital to the multi-family industry in United States and the fourth largest lender on all commercial real estate, including industrial, office, retail and hospitality. Walker & Dunlop empowers real estate owners and operators to bring their vision of communities to life – where Americans live, work, shop and play. The power of our people, our leading brand and our cutting edge technology make us more insightful and valuable to our customers, delivering an unparalleled experience every step of the way. With over 1,000 employees in all major US markets, Walker & Dunlop has consistently been named one of the FortuneThe best places to workÂ® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental and economic change in our communities.
SOURCE Walker & Dunlop, Inc.