LendingStandard Announces New Client: ColumbiaNational Real Estate Finance, LLC

LendingStandard Will Deliver Multifamily Underwriting & Processing Automation
KANSAS CITY, Kan. - Oct. 2, 2018 - PRLog -- Today LendingStandard announced the signing of its newest client, ColumbiaNational Real Estate Finance, LLC.  ColumbiaNational Real Estate Finance, a commercial Mortgage Banking firm, has retained LendingStandard to provide underwriting and processing automation for the complex multifamily lending process.

"After studying LendingStandard's software, we are optimistic that the platform will provide a number of efficiencies and reduce redundant tasks.  We expect to be able to do more FHA multifamily business with our existing staffing levels as a result," said Mike Cordes, Managing Director and Principal at ColumbiaNational.

The LendingStandard LOS is an automated software platform for the origination, underwriting and processing of complex multifamily finance deals.  The platform's automation not only creates workflow efficiency by eliminating processing and underwriting redundancies, but also provides document management, compliance, 3rd party notification, and pipeline reporting functionalities for origination, analysis, underwriting and closing staff. ColumbiaNational & LendingStandard have entered into a 3 year agreement for these services.

"We are excited to have ColumbiaNational join our growing list of multifamily lenders who are taking steps to increase customer and employee satisfaction, improve process efficiency and grow their business," said Andy Kallenbach, CEO of LendingStandard.

About ColumbiaNational Real Estate Finance

ColumbiaNational Real Estate Finance (www.cnref.com), founded in 1939, is a commercial mortgage banking firm that arranges equity and debt financing for real estate developers, investors, and owners of income producing properties throughout the country.  ColumbiaNational provides financing solutions for a wide spectrum of property types, including multifamily, office, industrial, retail, mixed use, hotels, assisted living facilities, and storage.

About LendingStandard

Founded in 2014, LendingStandard (www.lendingstandard.com) is the industry leader in automation and business process management solutions built specifically from the ground up for HUD and Agency approved Lenders. The company offers a wide range of products and services designed to eliminate redundancy, create efficiency, and help its clients continue to grow their multifamily lending businesses.

Chad Summers

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