Mortgage brokers looking to add residential investor and commercial loans without hiring processors or building a separate operation have a new option from Loanspark.
The Boston-based commercial lender has moved approximately 1,000 active broker partners onto a platform that combines property research, loan pricing, prequalification, AI-assisted deal analysis, underwriting support, capital placement, and commission tracking.
Loanspark originates approximately $100 million annually and funds about 90% of its loans directly, serving as the lender of record on those transactions, the company told National Mortgage Professional.
More than $2 million in loans have been funded through transactions using the platform since its launch in July.
The platform covers residential investment-property products, including DSCR, fix-and-flip, bridge, and one- to four-unit construction loans. It also supports multifamily, mixed-use, owner-occupied commercial real estate, business lines of credit, and working-capital loans.
For residential originators, the platform provides a way to retain clients who need investor or commercial financing without developing a separate underwriting and processing operation.
Brokers can use the system to research a property, compare qualifying loan programs, generate a Loanspark-issued prequalification letter, submit a transaction, and monitor its progress and their compensation through funding.
“The future of commercial lending is not sending borrowers elsewhere for capital,” Loanspark co-founder and CEO Michael Barnett said. “It’s bringing intelligence, capital, and execution into the places where financial decisions already happen.”
Loanspark said many of the brokers migrating to the platform previously worked with the company through more traditional, document-heavy processes.
The launch comes as investor and DSCR lending claims a larger share of mortgage production. Investor and DSCR loans accounted for 35.1% of Non-QM rate-lock volume in August, according to Optimal Blue data.
Competition has narrowed the pricing difference between DSCR and conventional mortgages, making credit terms, reserve requirements, rent calculations, and closing speed more important when originators select a lender.
AI Flags Problems Before Submission
Loanspark said the platform’s AI evaluates property, borrower, and transaction information to help brokers identify potential problems before submitting a loan.
The technology can suggest questions for brokers to ask clients, flag information or documents that may be needed, and provide guidance on how a transaction could be structured. It can continue identifying underwriting considerations as the loan progresses.
For originators, the intended benefit is fewer surprises after submission and less time spent returning to a borrower for additional information. Loanspark’s lending team uses the same analysis to identify risks and focus human attention on more complicated parts of a file.
The AI does not make final credit decisions. Final underwriting and approval authority remain with Loanspark’s human lending team.
Loanspark said it does not yet have enough history to make broad claims about approval rates, pull-through, or broker productivity. It has recorded an early improvement in closing speed.
During the first two months after launch, the average time between a signed term sheet and funding was approximately one week shorter than during the same two-month period in 2025, according to the company.
Loanspark also said the AI-supported tools were used throughout a recently closed $990,000, 30-year fixed-rate multifamily transaction that funded in 20 days. The tools evaluated the property and transaction while surfacing underwriting questions, possible issues, and documentation needs.
The model is part of a broader mortgage technology push to identify problems earlier and reduce the administrative work handled by originators and processors. NMP recently examined how companies are using AI to automate document collection, application review, and other back-office tasks while leaving borrower advice and final decisions to people.
Loanspark Funds Most Transactions Directly
Loanspark evaluates every submitted transaction for direct funding before considering another source of capital.
The company said it funds approximately 90% of the loans it originates and serves as the lender of record on those transactions. When another capital source is a better fit, Loanspark selects one from its network rather than distributing the transaction across an open marketplace.
Loanspark then remains involved in processing, underwriting, capital placement, closing, and funding, according to the company. Brokers retain the client relationship and receive compensation under their individual partner agreements.
Loanspark’s real estate lending programs generally range from $100,000 to $5 million, although its working-capital offerings begin at $5,000.
Its DSCR loans are available for residential and commercial properties, with loan amounts up to $5 million and maximum LTVs of 80%.
Bridge loans range from $100,000 to $5 million and can finance residential or commercial properties. Fix-and-flip financing is available up to $3 million and can cover as much as 90% of the purchase price and 100% of rehabilitation costs.
Loanspark’s ground-up construction program supports one- to four-unit residential projects with loans of up to $3 million and maximum loan-to-cost ratios of 85%. The company also offers financing for multifamily and mixed-use properties.
Loanspark also allows PropTech companies, real estate marketplaces, and broker networks to embed co-branded commercial financing tools into their existing platforms.
Loanspark is not alone in helping mortgage brokers move into investor lending without building a separate operation. Direct lenders including RCN Capital and CIVIC Financial Services offer broker programs for DSCR, fix-and-flip, bridge, multifamily, and construction loans, while Roc360 provides capital and white-label capabilities to private lenders. Loanspark is positioning its combination of direct lending, commercial products, back-office support, and AI-assisted deal review as its differentiator.
