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Deals & Dealmakers

Eastern Union expands its portal

Mortgage brokerage Eastern Union Funding announced that they are now providing clients with access to their new online portal.

Ira Zlotowitz
Ira Zlotowitz

Designed by technology firm CRE Tracker, clients can use the portal for real-time tracking of every transaction, from submission to closing. To this end, as Eastern Union personnel negotiate commercial mortgages, users can log in and view all updates on their deals including bank quotes, third party reports, and their closing checklist.

“The technology doesn’t replace the real estate professional, but it does take communication with them to another level. What we’re doing is putting all those smaller parts – the updates, the phone calls, the email exchanges – at the fingertips of the client,” said Ira Zlotowitz, president of Eastern Union Funding. “This enables us to provide the same level of service to clients, while granting complete involvement and control to them in all aspects of the process.”

The system offers complete transparency during the process, and all activities are guarded with bank-level security. Other utilities include a real estate directory, a traditional mortgage calculator, and a per deal maximum loan proceed calculator.

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