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Mortgage Broker
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2000000
Net Profit / Cash Flow $800000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 25000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Other ventures.
Description This Southern California based Mortgage Brokerage is focused on making the entire lending process easier, faster, and more efficient with the help of the latest technology and processes in the industry. The company's relationships with top Wall Street investors and high volume of loans have allowed loans to be sold at a more reduced per loan margin than competitors. A strong confidence level in the company's loans are conveyed to customers immediately with a unique marketing promotion promising a choice of vacation packages if a loan is secured or a guarantee of a vacation package or cash payout if the company's quotes are shown to be higher than a competitor.
This company further demonstrates competency as a premier mortgage broker with a perfected underwriting system and workflow that enables most loans to close within a 10-15 business day period. A user friendly website is also provided that focuses on personal service and educating customers rather than just gaining the customer's information for a database. Unlike many mortgage broker websites, a potential customer can visit the company's website and learn about products and services, explore the company, examine career opportunities, or search news updates or other value-added services without giving away any information about themselves. If the potential customer does provide personal information, it is sent to the company over a secure connection using Secure Sockets Layer (SSL) technology.
This company has a strong business model and a unique marketing strategy that has shown a consistent increase in earnings in both stable and volatile real estate markets. With annual sales of $2,000,000, and a cash flow of $800,000 the owners feel the company is scalable and has a strong potential for growth based on its Southern California location and proven strategy. Contact for more information on this Mortgage Broker business for sale.
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