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Business Listing |
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| Listing No.: | 4129135 | Financial Services: Mortgage Companies |
| Business Desc: | Profitable - Scalable Mortgage Lending Co. | |
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Business
Details
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Revenues
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Adjusted
Cash Flow
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Selling
Price
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Down
Payment
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$1,262,721
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$430,890
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$930,000
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$930,000
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General
Location:
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Southeast USA | |||
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Executive
Summary
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| Extremely profitable and scalable mortgage lending business (not a mortgage broker). Established in 2001 by current owners, the business has turned a significant profit every year since inception. All borrowers are high net-worth, with an average credit score of 770. Margins are approximately 1% per loan, with loans ranging from $50k to more than $1 million. Perfect chance for a bank or financial institution to acquire a sophisticated and profitable system. Built in client base allows for tremendous cross-selling opportunities. This opportunity has been pre-qualified for an SBA loan with one of the nation's top lenders. Please note: inf interested in this opportunity, NDA and financial statement are absolutely required. Currently licensed to lend in 6 states. Purchaser must have current lending license. For more information contact VR Business Brokers Atlanta: 770-814-4466 or info@vrnatlanta.com. |
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Contact
Information
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| Contact: | Yasmine Jandali |
| Office: | VR Business Brokers Atlanta |
| Office Phone: | (770) 814-4466 |
| Email: | yasmine@VRnAtlanta.com |
