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."
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