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Profitable - Scalable Mortgage Lending Co. for Sale in Southeast USA
| Reference #: |
4129135
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| Location: |
Southeast USA
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| Price: |
$930,000 |
| Amount Down: |
$930,000 |
| Revenues: |
$1,262,721 |
| Discretionary Earnings: |
$430,890 |
| Total Assets: |
$0 |
| Business Description: |
Extremely profitable and scalable mortgage lending business (not a mortgage broker). Established in 2001 by current owners, the business has turned a significant profit every year since inception. All borrowers are high net-worth, with an average credit score of 770. Margins are approximately 1% per loan, with loans ranging from $50k to more than $1 million. Perfect chance for a bank or financial institution to acquire a sophisticated and profitable system. Built in client base allows for tremendous cross-selling opportunities. This opportunity has been pre-qualified for an SBA loan with one of the nation's top lenders. Please note: inf interested in this opportunity, NDA and financial statement are absolutely required. Currently licensed to lend in 6 states. Purchaser must have current lending license. For more information contact VR Business Brokers Atlanta: 770-814-4466 or info@vrnatlanta.com. |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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