Douglas Elliman Introduces Internal Mortgage Lending Platform
Douglas Elliman Launches Elliman Capital for Seamless Home Financing Solutions
Douglas Elliman Real Estate has introduced a new in-house mortgage platform, Elliman Capital, to simplify home financing for clients across the globe. With advanced technology and streamlined processes, Elliman Capital offers a wide range of loan products to accommodate both traditional and non-traditional borrowers [1][3].
The platform, developed in partnership with Associated Mortgage Bankers, is designed to extend financing to borrowers with unique financial situations, such as self-employed individuals, investors, and foreign nationals, who historically face challenges in securing suitable financing [1][3].
Elliman Capital provides clients with competitive rates, diverse loan options, and enhanced convenience throughout the home financing process. The platform offers an array of loan products, including conventional loans, jumbo loans, construction loans, investment property financing, bridge loans, commercial lending, second home mortgages, FHA loans, VA loans, and USDA loans [1].
The launch of Elliman Capital marks a transformative moment for Douglas Elliman, its agents, and clients, according to Michael S. Liebowitz, President and CEO of Douglas Elliman Inc. [2]. The platform is initially available in Florida and is anticipated to expand across the Douglas Elliman Network in the near future.
For agents, Elliman Capital enhances support with resources that assist them in better serving their clients. The platform enables agents to easily refer clients, track loan progress in real-time, and provide improved oversight throughout the entire transaction [1][3].
Jim Bender, Director of Elliman Capital, emphasizes the inclusivity of the platform, stating, "Elliman Capital is engineered to be inclusive, offering loan products that meet the diverse needs of homebuyers and investors from all over the globe" [4].
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, "We are thrilled to bring Elliman Capital to our Florida clients. This innovative platform will provide an unprecedented level of convenience and oversight for the entire real estate transaction process" [2].
In summary, Elliman Capital aims to revolutionize the home financing experience by offering a comprehensive suite of loan products, advanced technology, and streamlined processes to cater to a diverse clientele. The platform is poised to create a seamless experience where clients can access real estate and financing solutions from a single trusted source.
[1] - Douglas Elliman Press Release [2] - Mansion Global [3] - Real Estate Weekly [4] - [Jim Bender, Director of Elliman Capital, personal communication]
- By launching Elliman Capital, Douglas Elliman Real Estate aims to make investing in real-estate more accessible for clients globally, offering a variety of loan products for both traditional and non-traditional borrowers.
- With Elliman Capital, self-employed individuals, investors, foreign nationals, and others with unique financial situations will find it easier to secure financing for their real-estate needs, providing a range of options from conventional loans to less common ones like bridge loans and FHA loans.
