Exhibit 10.1

SIXTEENTH AMENDMENT TO SECOND AMENDED AND RESTATED WAREHOUSING CREDIT AND SECURITY AGREEMENT

THIS SIXTEENTH AMENDMENT TO SECOND AMENDED AND RESTATED WAREHOUSING CREDIT AND SECURITY AGREEMENT (this “Sixteenth Amendment”) is made effective as of January 29, 2026, by and among WALKER & DUNLOP, LLC, a Delaware limited liability company (“Borrower”), WALKER & DUNLOP, INC., a Maryland corporation (“Parent”), and PNC BANK, NATIONAL ASSOCIATION (“Lender”).

R E C I T A L S

WHEREAS, Lender, Borrower and Parent are parties to that certain Second Amended and Restated Warehousing Credit and Security Agreement, dated as of September 11, 2017, by and among Borrower, Parent, and Lender, as amended by that First Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated as of September 15, 2017, that Second Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated as of September 10, 2018, that Third Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated May 20, 2019, that Fourth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated September 6, 2019, that Fifth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated April 23, 2020, that Sixth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated August 21, 2020, that Seventh Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated October 28, 2020, that Eighth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated December 18, 2020, that Ninth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated April 15, 2021, that Tenth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated June 8, 2021, that Eleventh Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated April 7, 2022, that Twelfth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated May 12, 2022, that Thirteenth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated April 10, 2023, that Fourteenth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated April 11, 2024 and that Fifteenth Amendment to Second Amended and Restated Warehousing Credit and Security Agreement, dated April 11, 2025 (as amended, the “Credit Facility Agreement”), whereby upon the satisfaction of certain terms and conditions set forth therein, the Lender agreed to make Warehousing Advances from time to time, up to the Warehousing Credit Limit (each such term as defined in the Credit Facility Agreement).

WHEREAS, Borrower has requested, and Lender has agreed, pursuant to the terms hereof, to modify certain terms of the Credit Facility Agreement as set forth in this Sixteenth Amendment.

NOW, THEREFORE, for and in consideration of the premises, the mutual entry of this Sixteenth Amendment by the parties hereto and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereby agree as follows:

Section 1.         Recitals. The Recitals are hereby incorporated into this Sixteenth Amendment as a substantive part hereof.

Section 2.         Definitions. Terms used herein and not otherwise defined shall have the meanings set forth in the Credit Facility Agreement.

Section 3.         Amendments to Credit Facility Agreement. The Credit Facility Agreement is hereby amended as follows:

(a)            Effective as of February 1, 2026, the following defined term set forth in Section 12.1 of the Credit Facility Agreement is hereby amended and restated as follows:

“Applicable Daily Floating Term SOFR Rate” means, for any day, a rate per annum equal to Term SOFR for such day, plus one and 20/100th percent (1.20%).

Section 4.         Ratification, No Novation, Effect of Modifications. Except as may be amended or modified hereby, the terms of the Credit Facility Agreement are hereby ratified, affirmed and confirmed and shall otherwise remain in full force and effect. Nothing in this Sixteenth Amendment shall be construed to extinguish, release, or discharge or constitute, create or effect a novation of, or an agreement to extinguish, release or discharge, any of the obligations, indebtedness and liabilities of Borrower or any other party under the provisions of the Credit Facility Agreement or any of the other Loan Documents, unless specifically herein provided.

Section 5.         Amendments. This Sixteenth Amendment may be amended or supplemented by and only by an instrument executed and delivered by each party hereto.

Section 6.         Waiver. The Lenders shall not be deemed to have waived the exercise of any right which they hold under the Credit Facility Agreement unless such waiver is made expressly and in writing (and no delay or omission by any Lender in exercising any such right shall be deemed a waiver of its future exercise). No such waiver made as to any instance involving the exercise of any such right shall be deemed a waiver as to any other such instance, or any other such right. Without limiting the operation and effect of the foregoing provisions hereof, no act done or omitted by any Lender pursuant to the powers and rights granted to it hereunder shall be deemed a waiver by any Lender of any of its rights and remedies under any of the provisions of the Credit Facility Agreement, and this Sixteenth Amendment is made and accepted without prejudice to any of such rights and remedies.

Section 7.         Governing Law. This Sixteenth Amendment shall be given effect and construed by application of the law of the Commonwealth of Pennsylvania.

Section 8.         Headings. The headings of the sections, subsections, paragraphs and subparagraphs hereof are provided herein for and only for convenience of reference, and shall not be considered in construing their contents.

Section 9.         Severability. No determination by any court, governmental body or otherwise that any provision of this Sixteenth Amendment or any amendment hereof is invalid or unenforceable in any instance shall affect the validity or enforceability of (i) any other such provision or (ii) such provision in any circumstance not controlled by such determination. Each such provision shall be valid and enforceable to the fullest extent allowed by, and shall be construed wherever possible as being consistent with, applicable law.

Section 10.       Binding Effect. This Sixteenth Amendment shall be binding upon and inure to the benefit of Borrower, Parent, Lender, and their respective permitted successors and assigns.

Section 11.       Counterparts. This Sixteenth Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which shall constitute one and the same instrument.

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IN WITNESS WHEREOF, each of the parties hereto have executed and delivered this Sixteenth Amendment under their respective seals as of the day and year first written above.

	WALKER & DUNLOP, LLC, as Borrower

	By:	/s/ Issa M. Bannourah
	Name: Issa M. Bannourah
	Title: Senior Vice President and Treasurer

	WALKER & DUNLOP, INC., as Parent

	By:	/s/ Issa M. Bannourah
	Name: Issa M. Bannourah
	Title: Senior Vice President and Treasurer

	PNC BANK, NATIONAL ASSOCIATION, as Lender

	By:	/s/ Steven Pachla
	Name: Steven Pachla
	Title: Vice President

Signature Page - Sixteenth Amendment to Amended and Restated Warehousing Credit and Security Agreement

Walker & Dunlop, Inc. 8-K