What is CRE loan origination software?

CRE loan origination software manages commercial real estate loans from intake to closing. It captures borrower, entity and property data, collects required documents, runs workflows, supports underwriting calculations, generates loan documents and coordinates closing. LendingWise's LOS handles CRE alongside bridge, fix and flip, rental/DSCR, construction, SBA and business funding loans in one platform.

Which property types can I manage in LendingWise?

LendingWise is used to manage commercial loans across property types such as multifamily, mixed-use, office, industrial, medical, hospitality and special purpose. Required documents and workflow steps can change by property type, transaction type, state, entity type and loan program, so each file shows exactly what that deal needs.

What are the best practices for using CRE loan software?

Capture complete loan, borrower and property data at intake; set required documents by program and scenario; automate tasks and reminders with workflows; use built-in calculations and guideline warnings to underwrite consistently; generate documents from templates; and keep every party's communication on the loan file. Then use a lender marketplace to place deals you can't fund yourself.

How does the LendingWise Lender Marketplace help CRE brokers and lenders?

The Lender Marketplace matches each loan against 60+ lenders and note buyers, including CRE programs. Must-have filters remove programs that can't do the deal, and a match score shows which criteria each remaining program meets. Brokers send financing requests straight from the loan file, and lenders can publish their own programs to receive more deal flow.

CRE Loan Software: Best Practices for Lenders

Commercial real estate (CRE) lending is a dynamic, complex field with many loan products and property types to navigate. LendingWise’s CRE loan origination software (LOS) is designed to streamline CRE originations, from bridge loans to permanent financing. In this post, we’ll share best practices for using a CRE software system like LendingWise to manage commercial loans on property types such as multifamily, mixed-use, office, industrial, medical, hospitality and special purpose.

CRE lending is lending secured by income-producing or business-use property, such as multifamily, office, retail, industrial or hospitality assets, rather than owner-occupied homes.

Key takeaways

Capture everything at intake. Complete loan, borrower and property data up front makes every later step faster.

Let the deal decide the checklist. Required docs and workflow steps can follow loan program, property type, transaction type, state and entity type.

Underwrite consistently with instant LTV, LTC, DSCR and other calculations plus guideline warnings.

Place deals faster by matching loans against 60+ lenders and note buyers in the Lender Marketplace.

Comprehensive Loan Intake

LendingWise’s CRE LOS makes loan intake efficient with customizable Quick App and Full App webforms for loan details, borrower and entity information, and property data. Capturing the right information up front simplifies origination for loan types including bridge, value-add, new construction and permanent financing.

Streamlined Document Collection

Collecting documents and verifying the information provided is a critical part of origination. With LendingWise, borrowers and brokers securely upload required documents, which are organized on the loan for easy access and review. The AI Doc Review agent checks each upload the moment it lands, and daily reminders keep every party on top of open conditions.

Efficient Loan Processing

LendingWise’s customizable workflows streamline processing by automating tasks and helping your team manage deadlines and communication. That keeps the process smooth for every type of commercial property, from multifamily to special-purpose projects.

How Does CRE Loan Software Support Underwriting?

CRE loan software supports underwriting by putting the numbers and the guidelines in the same loan file. In LendingWise, LTV, LTC, ARV, DSCR, DTI and more calculate as you type, with a Deal Analysis view of the numbers that matter. The loan warns you when it falls outside your program’s guidelines, you can order credit and other reports from the file, and credit decisions with conditions are recorded on the loan. This helps you make consistent, informed decisions for every property type and loan scenario.

Seamless Document Generation

Generating loan documents can be time-consuming, especially for complex CRE loans. LendingWise generates term sheets, loan documents and disclosures from built-in templates and merge tags, and you can send them for signature with built-in e-sign, making the process easier for lenders and borrowers alike.

Smooth Loan Closing

Closing a commercial loan means coordinating many parties. LendingWise keeps communication, documents and tasks on one loan file, with third-party contacts such as title companies and attorneys linked to the deal, so every CRE loan closes smoothly and on time.

How Does the Lender Marketplace Help CRE Brokers and Lenders?

LendingWise’s Lender Marketplace connects brokers and lenders in commercial real estate. Brokers match loan scenarios against 60+ lenders and note buyers, including CRE programs, and send financing requests straight from the loan file. Lenders can publish their programs to increase deal flow and build relationships with brokers. Both sides gain efficiency and a broader network of opportunities.

Conclusion

LendingWise’s CRE loan origination software gives you a complete toolkit for the complex world of commercial real estate lending. By following these best practices and using the platform’s features, lenders can efficiently originate loans across property types and financing scenarios, while tapping into the Lender Marketplace. See how LendingWise’s CRE LOS can streamline your loan origination.

Navigating CRE Lending: Best Practices for Using CRE Loan Software