Commercial loan origination and underwriting for multifamily financing is a time-consuming process that burdens financial institutions with a tremendous amount of overhead. Often hindered by disparate systems and inefficient, redundant processes, lenders struggle to lend profitably while providing competitive financing terms and maintaining regulatory compliance. With LendingStandard, the first online commercial origination system, financial institutions can optimize loan origination, which reduces costs while ensuring regulatory and agency compliance.
LendingStandard creates a secure online environment where financial institutions can request, receive, edit and collaborate on all the information and documentation required to close a multifamily loan.
- Simplify Information Gathering – LendingStandard’s intuitive, online loan application is tailored to the loan being offered and the requirements necessary for Fannie, Freddie, HUD MAP, LEAN, New Construction/Substantial Rehabilitation or other agency programs.
- Share Information Securely – LendingStandard uses 256 bit data encryption and an SAS 70/SOC1 Type 2 PCI compliant data center to protect the information and documents shared during commercial loan origination.
- Access the Information You Need, When You Need It – Need a status update on a loan? Need to know if important dates are being met? Need a single view of all multifamily loans that allow you to make management decisions across your entire business? LendingStandard brings the entire multifamily lending process to light with dashboards and reporting that gives you complete visibility to the process.
At the end of the day, what drives us is simple: providing multi-family lenders with software that meaningfully impacts the way you do business and your quality of life.
Make your underwriters problem solvers, not problem managers.