The addition of TapCap marks yet another move in the firm’s five-year growth strategy, this time to help further automate loan application and origination through a proprietary software that provides real-time quotes for multifamily loans, with the goal of making the borrower’s experience easier and more transparent. The purchase is seen as a move to help Walker & Dunlop reach its ambitious goals in small balance loan origination.
“We’ve been investing heavily this year in loan origination talent to scale our small loan originations to $5 billion by 2025,” said Alison Williams, who serves as Walker & Dunlop’s small balance lending chief production officer.