CrediVia Expands into Multifamily Financing
The company is broadening its marketplace to reach and connect multifamily lenders and borrowers.
RALEIGH, NC – CrediVia, a financing marketplace initially launched last fall to serve hospitality financing, has expanded its platform to multifamily lending, offering services to match loan requests and financing options based on criteria.
Through CrediVia’s cloud-based platform, borrowers are able to upload and centralize data for loan requests to submit to multiple lenders, allowing for multiple quotes at once. Lenders on the marketplace are connected with viable applicants, before receiving complete loan packages. The company aims to offer a transparent loan process as a commercial real estate lending source.
Multifamily loans currently make up nearly half of the commercial real estate market, with apartment occupancy growing across the country.
CrediVia is a cloud-based platform that connects lenders and qualified borrowers for a communicative loan experience.