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Walker & Dunlop lifts revolving credit to $150M

Walker & Dunlop, Inc. amended its credit agreement on October 26, 2026, increasing revolving credit commitments from $50 million to $150 million and letter of credit commitments from $25 million to $75 million.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

Walker & Dunlop, Inc. amended its credit agreement on October 26, 2026, increasing revolving credit commitments from $50 million to $150 million and letter of credit commitments from $25 million to $75 million.

Filing Explained

The amendment expands committed credit capacity, but the filing reports a change in lender commitments—not a borrowing transaction or proceeds received—so it does not establish that the increased amounts became debt or cash for Walker & Dunlop.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Revolving credit commitments $50 million Before Amendment No. 1
Revolving credit commitments $150 million After Amendment No. 1
Letter of credit commitments $25 million Before Amendment No. 1
Letter of credit commitments $75 million After Amendment No. 1
revolving credit commitments financial
"increase the revolving credit commitments from $50 million to $150 million"
letter of credit commitments financial
"increase ... the letter of credit commitments from $25 million to $75 million"
administrative agent financial
"JPMorgan Chase Bank, N.A., as administrative agent"
An administrative agent is a bank or financial firm appointed to handle the day-to-day paperwork and communication for a group of lenders on a loan or credit agreement, acting as the central point for collecting payments, distributing funds, monitoring covenants, and sharing information. For investors, the administrative agent matters because it influences how quickly lenders receive updates, how smoothly repayments and waivers are handled, and how effectively the lending group enforces terms — think of it as a property manager coordinating tasks for multiple owners.
Amended and Restated Credit Agreement financial
"Amended and Restated Credit Agreement, dated as of March 14, 2025"
An amended and restated credit agreement is a company’s original loan contract that has been updated and replaced by a single new document incorporating all changes. Think of it like refinancing and rewriting a mortgage so new payment schedules, interest rates, borrowing limits, or borrower obligations are combined into one clear contract. Investors care because those new terms change a company’s cash flow, borrowing flexibility and default risk, which can affect creditworthiness and share value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What credit commitments did WD amend?

Walker & Dunlop’s amended agreement sets revolving credit commitments at $150 million and letter of credit commitments at $75 million. The amendment increased the revolving commitments from $50 million and the letter of credit commitments from $25 million.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 26, 2026

 

Walker & Dunlop, Inc.

(Exact name of registrant as specified in its charter)

 

Maryland   001-35000   80-0629925

(State or other jurisdiction of
incorporation)

  (Commission File Number)   (IRS Employer Identification No.)

 

7272 Wisconsin Avenue
Suite 1300

Bethesda, MD

  20814

(Address of principal executive offices)

  (Zip Code)

 

Registrant’s telephone number, including area code: (301) 215-5500

 

Not applicable

(Former name or former address if changed since last report.)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol Name of each exchange on which
registered
Common Stock, Par Value $0.01 WD New York Stock Exchange

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

¨ Emerging growth company

 

¨ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On October 26, 2026, Walker & Dunlop, Inc. (the “Company”) entered into Amendment No. 1 (the “Amendment”) to that certain Amended and Restated Credit Agreement, dated as of March 14, 2025 (the “Existing Credit Agreement” and, as amended by the Amendment, the “Credit Agreement”), among the Company, as borrower, the lenders party thereto (the “Lenders”), JPMorgan Chase Bank, N.A., as administrative agent, and the other parties thereto. The Amendment amends the Existing Credit Agreement to, among other things, increase the revolving credit commitments from $50 million to $150 million and the letter of credit commitments from $25 million to $75 million.

 

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

 

Some of the Lenders and their affiliates have various relationships with the Company and its subsidiaries involving the provision of financial services, including other credit facilities with affiliates of the Company, cash management, investment banking, trust, hedging and other services.

 

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

 

Item 9.01. Financial Statements and Exhibits.

 

Exhibit
Number
Description
10.1* Amendment No. 1, dated as of October 26, 2026, to Amended and Restated Credit Agreement, dated as of March 14, 2025, among Walker & Dunlop, Inc., as borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the other parties thereto.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

*Certain exhibits to this exhibit have been omitted in accordance with Regulation S-K Item 601(a)(5). The Company agrees to furnish a copy of all omitted exhibits to the U.S. Securities and Exchange Commission upon its request.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  WALKER & DUNLOP, INC.
(Registrant)
   
Date: October 30, 2026 By: /s/ Gregory A. Florkowski
    Name: Gregory A. Florkowski
    Title: Executive Vice President and Chief Financial Officer  

 

 

Filing Exhibits & Attachments

4 documents

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