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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site. Businesses For Sale   >>   Pennsylvania Businesses For Sale Categories   >>

Fha / Va Approved Mortgage Lender For Sale Location  Pennsylvania,United States Asking Price Range  $500K - $1.0M Gross Revenues  $650000 Net Profit / Cash Flow  $250000 Cash Flow Type  EBITDA Seller Finance  No Year Established  2008 Number of Employees  4 - 5 Relocatable  Not Disclosed Number of Employees  4 - 5 Real Estate  Leased Training  Available. Reason for Sale  Retirement. Description  Pennsylvania Mortgage lender with Full Eagle FHA approval and VA approval. FHA Direct Endorsement Approval in 2010 with a zero percent compare ratio. Company meets current small business net worth requirements of FHA at $500,000. Looking for an offer close to $750,000 and buyer will need an additional $500,000 to replace current owners capital. Under new FHA guidelines this business is exempt from the 1,000,000 capital requirement as a small business under FHA rules. This lender can operate with only a $500,000 net worth until 2013 under FHA guidelines. Enter the mortgage industry with less net worth and take over a cleanly run shop to use as a platform for your expansion. Licensed as a lender in eight states. Company has a very clean history in the secondary market with no buybacks and no serious delinquencies or foreclosures. All originations are from 2008 and sooner so there are no older loans to cause future losses. Contact for more information on this Mortgage Lending business for sale. Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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