Walker & Dunlop has launched a new digital platform to help small-balance multifamily lending businesses scale rapidly.
The platform, powered by machine learning, uses predictive algorithms and property cash flows to automatically generate quotes in minutes. Investors using the platform can also get interest rate and property value calculations.
“Multifamily investors want a faster and more transparent borrowing experience,” said Alison Williams, senior vice president and chief production of Walker & Dunlop. “That’s why we asked our data scientists and engineers to automate loan sizing and pricing. We 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.”