Beeline Holdings Inc. (NASDAQ: BLNE) Bullish About Millennials and Gen Z Lendable Market; Floats AI-Powered Mortgage and Loans Product

• Beeline Holdings Inc. continues to see growing opportunities in the millennials and Gen Z market for home purchases
• With only 26.1% of Gen Zers and only 54.9% of Millennials owning their home, and with 9.1% of home purchase applications denied on average, Beeline recognizes a huge business potential
• While appearing on an interview with Benzinga Director of Customer Success, Ryan Faloona, Beeline’s CEO, Nick Liuzza, highlighted its AI-powered digital platform and how it simplifies and expedites mortgage loan applications
• With its AI-powered platform, users can get an answer within seven or eight minutes on whether they qualify for a mortgage, with 90% certainty

Beeline Holdings (NASDAQ: BLNE), a technology-forward mortgage and title platform that leverages AI, automation, and intuitive user experiences to simplify home financing, continues to focus on millennial and Gen Z markets for home purchases. As a market comprising over 100 million individuals, Beeline recognizes that the preferences of this demographic differ significantly from those of the average customer. Consequently, it has developed an AI-powered digital product that streamlines and expedites the entire mortgage loan application process (https://ibn.fm/5m5Ru).

While appearing on an interview with Benzinga’s Director of Customer Success, Ryan Faloona, Beeline’s CEO, Nick Liuzza, offered more context about the company’s current direction, providing clarity on its product and goals. Most importantly, he emphasized the importance of understanding their core customer base, their pain points, and what they seek in their quest to become homeowners.

“We built our platform and all of our tools for the generation that grew up with these phones in their pockets,” Liuzza noted. “They shop differently than you and I do. We offer a wider variety of mortgage programs than those other mortgage lenders do as well…so, if you don’t qualify for a conventional Freddie or Fannie mortgage, it’s game over. As opposed to Beeline, our AI will direct you to a whole new suite of products that are more designed for the gig economy,” he added (https://ibn.fm/5m5Ru).

A 2023 study noted that over 9.1% of home purchase applications among all applicants were denied in 2022. This represented an increase from 8.3% the previous year, with refinance applications being rejected more frequently, at a rate of 24.7% in 2022, up from 14.2% in 2021. According to the report, insufficient income was the reason for more than 50% of denials for Asian American applicants, 45% for Black and Hispanic applicants, and approximately 40% for white applicants, up from below 40% for each group in 2018 (https://ibn.fm/ivUxi).

Beeline recognizes this trend and has, accordingly, developed a product designed to address these shortcomings. Most notably, it acknowledges the gig economy, where contracts are often short-term and individuals work on a freelance basis, rather than having permanent jobs. A 2023 study published on Business Insider noted that among those in the United States who use gig work as their primary income source, half are millennials, while only 20% are Gen X and 5% are baby boomers (https://ibn.fm/xhYqL).

According to the National Mortgage Professional, in 2024, only 26.1% of Gen Zers owned their home, while only 54.9% of Millennials did. This represented a marginal increase from the previous year, primarily due to limited access to mortgages (https://ibn.fm/q5HuX). Beeline recognizes this issue and aims to address it with its AI product, which can make a decision within seven to eight minutes and provide customers with a 90% certainty about whether they qualify for a mortgage.

“So if you’re not sure you can qualify for a conventional mortgage, you should come to us first because we’re going to offer you a bank statement loan or a DSCR loan. These loans are designed for the gig economy,” Liuzza noted (https://ibn.fm/5m5Ru).

In addition, a significant portion of the company’s loans help buyers seeking real estate investment property, providing an easier path for Millennial and Gen Z buyers to become property investors.

Beeline is bullish about this market, as evidenced by its CEO’s $16 million investment in the company. This, coupled with significant stock purchases by other insiders, demonstrates the high confidence level of senior management in the company’s future and positions it to capitalize on a relatively untapped market ripe for growth.

“This is going to transform the industry and catapult this small, little creative company that’s addressing the needs of this generation…with a product that doesn’t exist in the market, as of right now, by other mortgage lenders,” Liuzza said (https://ibn.fm/5m5Ru).

For company information, visit the company’s website at www.makeabeeline.com.

NOTE TO INVESTORS: The latest news and updates relating to BLNE are available in the company’s newsroom at https://ibn.fm/BLNE

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