EquiFi Announces Mortgage Industry Veteran Paul Giangrande as Corporate Executive Vice President and President of EquiFi Mortgage Division

Former president of AmeriCash Mortgage, Giangrande oversaw
More than 300 employees close more than 18 billion dollars in real estate loans

SAN JOSE, Calif., June 27, 2024 /PRNewswire/ — EquiFi Corporation, a leading provider of real estate equity financing solutions, today announced the appointment of Paul Giangrande as Corporate Executive Vice President and President of the EquiFi Mortgage Division. Giangrande brings over 30 years of experience in the financial services and mortgage industry, specializing in direct-to-consumer lending, portfolio retention, call center management, sales and marketing, as well as lead acquisition.

“Paul has a distinguished reputation in the mortgage industry and has an uncanny eye for distribution. We are honored to have him lead our growing mortgage financing efforts,” said David Shapiro, CEO and Founder, EquiFi. “His industry acumen and established mortgage credentials add significant strength and valuable perspective to our leadership team.”

As President of EquiFi’s Mortgage Division, Giangrande will initially focus on strategically scaling EquiFi’s state licenses needed to meet current and future market opportunities and on 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 the development and implementation of EquiFi’s marketing strategy and distribution processes.

“EquiFi is a unique company in our industry, offering buyers and homeowners the ability to use equity financing in a home to help them achieve their financial goals,” Giangrande said. “Every consumer deserves to work with a trusted advisor when financing their home, and I’m excited to join EquiFi to help improve this industry.”

About EquiFi
EquiFi Corporation is a specialty financial company whose mission is to transform the way consumers create and manage their wealth, starting with their most important asset: their home. EquiFi offers its products through mortgage and financial service providers. Its unique range of real estate financing products, including equity financing products, disrupts traditional real estate financing. Organized as a for-profit public benefit corporation, EquiFi is committed to equity across its entire ecosystem. For more information, visit www.equifi.com or contact (email protected).

SOURCE EquiFi Corporation