Mortgage Broker
Location Missouri,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2288392
Net Profit / Cash Flow $1896528
Cash Flow Type EBITDA
Seller Finance No
Year Established 1997
Number of Employees 20 - 34
Relocatable Yes
Number of Employees 20 - 34
Real Estate Leased
Training The Owner is willing to negotiate a time frame ...
Reason for Sale Owner would like to adventure into other business.
Description This business was established in 1997. It provides financial solutions for professionals, their clients, individuals and families to assist in accomplishing their goals to purchase or refinance home loans. The customer base is regional resulting in 70% of clients are referrals from legal, taxation, family planning, insurance and investment professionals. This business has been fortunate to serve the professional local and surrounding community as well. This business is a profitable success with a very high return of 75% profit on sales contributing to over 8,000 closed loans. The business has an outstanding reputation including not 1 complaint to Better Business Bureau in 8 years. It has a unique marketing technique that generates referrals from businesses; and this is the only software of this kind being utilized in this industry. This business offers First Time Home Buyer, FHA and VA loans; it also has the financial stability to fund their own loans and originate them. This is a self sufficient running business with the support of having traditional model loan officers and inside loan assistants. Contact for more information on this Mortgage Broker business for sale.
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