Doug Elliman Introduces Internal Mortgage Lending System
Douglas Elliman Launches In-House Mortgage Platform, Elliman Capital
Douglas Elliman Real Estate has announced the launch of Elliman Capital, an in-house mortgage platform. The new service, initially available in Florida, aims to expand to other states where Douglas Elliman operates.
Elliman Capital caters to self-employed individuals, investors, foreign nationals, and other borrowers with unique financial circumstances who often face challenges securing loans elsewhere. The platform offers a comprehensive loan product range, including conventional and jumbo loans, investment property financing, construction loans, FHA, VA, and USDA loans, among others.
The key features and benefits of Elliman Capital include an in-house mortgage platform that integrates real estate and financing services under one roof, offering seamless coordination and oversight throughout the entire home transaction process. The advanced technology platform enables Douglas Elliman agents to easily refer clients, track loan status, receive real-time updates, and provide end-to-end support from initial property search through closing.
Jim Bender, Director of Elliman Capital, states that the platform is engineered to be truly inclusive, offering loan products that meet the diverse needs of today's homebuyers and investors from all over the globe. Clients will benefit from competitive rates and expert mortgage guidance to provide personalized and flexible financing options aligned with luxury real estate needs.
The partnership with Associated Mortgage Bankers has enabled the development of Elliman Capital, which provides comprehensive support from property search to closing. Elliman Capital's flexible financing is designed to serve traditional and non-traditional borrowers, with a focus on simplifying home financing for clients.
Michael S. Liebowitz, President and CEO of Douglas Elliman Inc., states that the launch of Elliman Capital marks a transformative moment for the company, its agents, and clients. Jay Phillip Parker, CEO of Brokerage, Florida Region, and President of Douglas Elliman Development Marketing, Florida, expresses excitement about the launch of Elliman Capital in Florida.
With Elliman Capital, Douglas Elliman aims to create an unprecedented level of convenience and oversight to the entire real estate transaction process. The platform represents a significant advancement in luxury real estate brokerage services, aiming to simplify financing and provide a "one-stop shop" experience for homebuyers and investors.
Elliman Capital's advanced technology platform integrates real-estate and financing services, offering a seamless coordination for Douglas Elliman agents to support clients from initial property search through closing. The platform's comprehensive loan product range includes various business and finance options, such as conventional and jumbo loans, investment property financing, construction loans, FHA, VA, and USDA loans, catering to diverse borrower profiles like self-employed individuals and foreign nationals.
