Eastern Union launches hiring initiative for mortgage brokers

by Duffie Osental01 Sep 2020

Eastern Union has launched a new hiring initiative that trains new hires as commercial mortgage brokers.

The initiative offers job opportunities for both workforce amateurs and seasoned sales professionals, with the company actively onboarding 10 new brokers every week. In a statement, Eastern Union said that successful applicants will have the opportunity to receive “as much as $500,000 in annual income within two to three years of joining the company.”

Read more: Eastern Union goes on a hiring spree despite coronavirus pandemic

Ira Zlotowitz, founder and president of Eastern Union, said that the company is “aggressively” hiring new brokers to “meet growing market demand.”

“Eastern Union's hiring surge arises from a rush of owner and investor demand for the refinancing of multifamily properties holding mortgages with Fannie Mae and Freddie Mac,” Zlotowitz said. “Our multifamily group electrified the market by charging a market-resetting quarter-point fee – with no back-end fees. This has greatly boosted demand for our services, which our new brokers will help fill.”

According to Eastern Union, all new hires will be recruited from a national base of candidates and do not need prior sales experience.

“We will train every new hire to become a successful commercial real estate broker,” Zlotowitz said. “You will benefit from hands-on training and in-depth education sessions taught by leading industry experts. You will be mentored in everything from real estate and finance, to sales and cold calling, and you will learn the ins and outs of this business to maximize your future success.”