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Fha / Va Approved Mortgage Lender For Sale
Location: United States -> Pennsylvania
Industry: Real Estate > Mortgage Brokers




Business Summary

Pennsylvania Mortgage lender with Full Eagle FHA approval and VA approval. FHA Direct Endorsement Approval in 2010 with a zero percent compare ratio. Strong profitability for the last four years. Company meets current net worth requirements of FHA at $1,000,000. Looking for an offer of $1,000,000 and buyer will need an additional $1,000,000 to replace current owners capital. Licensed in more than 10 states. Enter the mortgage industry with less net worth and take over a cleanly run shop to use as a platform for your expansion. Company has a very clean history in the secondary market. Contact for more information on this Mortgage Lending business for sale.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $15,000,000
Cash Flow:   $500,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Available.
Reason For Selling:  Retirement.




Print Listing Id: 700129799
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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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