Former President of AmeriCash Mortgage,
Giangrande Oversaw
300+ Employees Closing More Than
$18 Billion in Home Loans
SAN
JOSE, Calif., June 27,
2024 /PRNewswire/ -- EquiFi Corporation, a premier
provider of shared equity home financing solutions, today announced
the appointment of Paul Giangrande as corporate executive vice
president and president of the EquiFi Mortgage Division. Giangrande
brings more than 30 years of financial service and mortgage
industry experience, specializing in direct-to-consumer loan
originations, portfolio retention, call center management, sales
and marketing, and lead acquisition.
"Paul brings a distinguished reputation in the mortgage industry
with an uncanny sense of distribution. We are honored to have him
lead our expanding mortgage financing efforts," said David Shapiro, CEO and founder, EquiFi. "His
impressive industry acumen and established mortgage credentials add
significant strength and valuable perspective to our management
team."
As president of EquiFi's Mortgage Division, Giangrande's initial
focus will be the strategic scaling of EquiFi state licenses
required to meet current and future market opportunities and
negotiating wholesale brokerage agreements with mortgage companies
interested in EquiFi's EFI home equity investment (HEI) contract
and other innovative home financing solutions currently under
development. Giangrande will also be responsible for developing and
implementing EquiFi's marketing strategy and distribution
processes.
"EquiFi is a company unlike any other in our business, offering
homebuyers and homeowners the ability to utilize equity financing
in a home to help achieve their financial objectives," said
Giangrande. "Every consumer deserves to work with a trusted advisor
when financing their homes, and I am excited to join EquiFi to help
change this industry for the better."
About EquiFi
EquiFi Corporation is a specialty finance
company with a mission to transform the way consumers create and
manage wealth starting with their most important asset – their
home. EquiFi delivers its products through mortgage and financial
services providers. Its unique suite of home financing products,
including equity-based financing products, disrupts traditional
home financing. Organized as a for-profit Public Benefit
Corporation, EquiFi is committed to fairness across its entire
ecosystem. For more information, visit www.equifi.com or reach
out to press@equifi.com.
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SOURCE EquiFi Corporation