Fha / Va Approved Mortgage Lender For Sale


Listing ID: 700129799

Listing Title: Fha / Va Approved Mortgage Lender For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=129799

Industry: Real Estate

Industry Segment: Mortgage Brokers

Country: United States

State / Province: Pennsylvania



Asking Price Range: $500K - $1.0M

Gross Revenues: $15,000,000

Cash Flow: $500,000

Cash Flow Type: EBITDA

Year Established: 2008

Number of Employees: 10 - 19

Business Description:
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.

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