Real Estate Weekly
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Debt & Equity

Broker hits $2B mark

Eastern Union Funding announced it has posted over $2 billion in mortgage loan volume for the Year-to-Date ending September 30, 2014.

Ira Zlotowitz
Ira Zlotowitz

With about $1.2 billion in the pipeline, the mortgage brokerage is on target to break its goal of closing $3 billion in mortgage loan volume by year-end.

During the third quarter alone, Eastern Union Funding closed over 150 closings. “The volume increase stems from the elite brokers who utilize our vast and deep-running banking relationships, top-tier underwriting team, as well as the many resources we have available for them,” said Ira Zlotowitz, president, Eastern Union Funding.

Co-Founder, Abraham Bergman added, “We have experienced an uptick in land, construction and structured finance deals during the year. It has allowed us to grow the construction group, and bring on talented people.”

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