Douglass Elliman introduces an internal mortgage lending system
Douglas Elliman, a leading real estate company, has taken a transformative step with the launch of Elliman Capital, an in-house mortgage platform designed to streamline home financing for clients [1][2].
The new platform offers a technology-driven solution that integrates real-time loan tracking, faster approvals, and streamlined processes for both clients and agents. It caters to a diverse clientele, including self-employed individuals, investors, and foreign nationals, who may face challenges in obtaining financing [3].
Elliman Capital provides a broad range of loan products, including conventional and jumbo loans, investment property financing, construction loans, FHA, VA, and USDA loans [4]. The platform is engineered to be inclusive, catering to the diverse needs of homebuyers and investors from all over the globe.
The platform's director, Jim Bender, oversees its operations, while Michael S. Liebowitz, the President and CEO of Douglas Elliman Inc., leads the company. Jay Phillip Parker, the CEO of Brokerage, Florida Region, and President of Douglas Elliman Development Marketing, Florida, also plays a significant role in its development [5].
Elliman Capital was initially launched in Florida, with plans to expand to all states where Douglas Elliman operates, aligning with their extensive real estate presence [1][2]. The platform is developed in partnership with Associated Mortgage Bankers.
Agents benefit from easy client referrals, comprehensive support from property search to closing, and enhanced resources to better serve clients, all contributing to a more convenient and transparent financing experience under a single trusted provider [6]. The platform utilizes advanced technology to enable agents to easily refer clients, track loan progress, and receive real-time updates.
Moreover, Elliman Capital offers competitive rates due to strong lender relationships, providing clients with access to diverse loan products at favourable terms [7]. The platform's launch marks a significant milestone for Douglas Elliman, simplifying the home financing process for their clients and enhancing their overall real estate services.
[1] https://www.douglaselliman.com/press-releases/douglas-elliman-launches-elliman-capital-mortgage-platform [2] https://www.bizjournals.com/newyork/news/2021/06/07/douglas-elliman-launches-in-house-mortgage-platform.html [3] https://www.realtor.com/news/trends/douglas-elliman-launches-in-house-mortgage-platform/ [4] https://www.mortgageprofessionalamerica.com/news/19046188/douglas-elliman-launches-elliman-capital-mortgage-platform [5] https://www.mansionglobal.com/articles/douglas-elliman-launches-in-house-mortgage-lender-elliman-capital-103065 [6] https://www.housingwire.com/articles/douglas-elliman-launches-elliman-capital-mortgage-platform/ [7] https://www.housingwire.com/articles/douglas-elliman-launches-elliman-capital-mortgage-platform/
The in-house mortgage platform, Elliman Capital, developed by Douglas Elliman, offers various loan products such as conventional and jumbo loans, investment property financing, construction loans, FHA, VA, and USDA loans, catering to a diverse clientele including investors. The platform aims to simplify the home financing process for clients, providing competitive rates through strong lender relationships and offering a more convenient and transparent financing experience.