Walker & Dunlop continues to advance its lending operations, launching a new digital lending platform powered by machine learning to grow its small balance multifamily business.
Walker & Dunlop says its small balance technology platform can generate quotes in minutes using predictive algorithms and property cash flows. It also uses proprietary data on real-time rents, expenses, and sales comparables to make interest rate and property value calculations.
"Multifamily investors want a faster and more transparent borrowing experience," Walker & Dunlop Senior Vice President and Chief Production Officer Alison Williams, said in prepared remarks. "We've created a more efficient process for investors to review financing options, tailor them to their projects' needs, and monitor the loan process with dramatically more transparency—all through our custom-built technology."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
