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Mortgage Brokerage For Sale
Location: United States -> Colorado
Industry: Real Estate > Mortgage Brokers




Business Summary

If you are interested in owning and operating your own Mortgage Brokerage Company then this is your opportunity. Why start a new business when you can purchase a 23-year old Colorado S-Corporation, Incorporated in 1994. Currently licensed with the State of Colorado and the NMLS, with a Better Business Bureau A+ rating. Active Broker Agreements in place with wholesale Prime and Sub-Prime, Commercial and Residential originating channels. These established relationships allow the origination of a wide variety of mortgage loans including; Conventional, FHA, VA, USDA, Reverse Mortgage, Jumbo, Seconds, QM and Non-QM loans, including portfolio loans, private money and bridge loans. Owner willing to stay on in a paid consultant position. Sale includes currently running mortgage origination business with established history. New owner would be need to hire licensed mortgage loan originators. Currently the owner is the only loan originator and processing is contracted with third party. Gross Revenue and Annual Cash flow completely dependent on new owners ability but the potential is unlimited! Price is negotiable, I am flexible and open to discuss all options. Interested inquiries please email for more information. Email must include your name, contact information, level of interest and your specific questions. This helps me to identify serious inquiries.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $100,000
Cash Flow:   $80,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  none
Seller Financing:  Yes

About The Business

Year Established:  1994
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Willing to stay on as paid consultant
Reason For Selling:  Retirement planning




Print Listing Id: 700229880
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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 > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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