Mortgage Broker / Coorespondent Residential Lender For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $170000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 4 - 5
Inventory Yes
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Yes, training will be provided.
Reason for Sale Owner is retiring.
Description Full service residential mortgage business for sale is established in 1985, licensed nationally with the MNLS and in the state of New Jersey. The company is located in leased premises in Cherry Hill, New Jersey. Company has fully developed infrastructure of well-trained loan officers and long term employees. Many mortgage referral sources including Banks, Credit Unions, financial planners, CPA,s as well as builders and realtors. Generations of on-going referral business and quality pipeline. Asking Price $100,000 for Business and FF&E. For more information, email or call 856-857-5733.
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