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Businesses For Sale   >>   Mortgage Brokers Businesses For Sale

Mortgage Direct Lender FHA Approved For Sale

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $800000
Net Profit / Cash Flow  $350000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2006
Number of Employees  10 - 19
Inventory  150000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Yes
Reason for Sale  Retired

Description  
Winnpointe is a Mortgage Direct Lender since 2006. Company is licensed with both DRE and DoC as mortgage banker. Winnpointe has several warehouse lines with delegated and non delegated. Winnpointe is also FHA approved Full Eagle and VA Direct Lender. Easy transition from mortgage broker to banker with this company or if you are know the business and want a ready built platform with all licenses in place for quick turn then this is IT! Eliminate the 2 years of lending experience and other requirements for banker. Winnpointe is a Corporation with no debts/no loan on the business. Owner is also owned the Real Estate. If interested can sell both business and Real Estate or just the business. Winnpointe is currently lending in 4 States: CA, OR, FL and AL. Selling Price for Business is $1.7 Million to $2.00 Million Reason for sale: Mother of 3 wants to retired to focus on her children Please contact Mimi 714-662-2700 ext 800 or email.


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