Home

|

Site Map

|

Advertise

|

Contact Us

|

About Us

FRANCHISE DIRECTORY

FRANCHISE RESOURCES

NEWSLETTER

BUSINESSES FOR SALE

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   >>   Real Estate Businesses For Sale Categories   >>   

Commercial Land For Sale, Commercial Real Estate Business For Sale, Commercial Real Estate By Owner Business For Sale, Commercial Real Estate Brokerage Business For Sale, Escrow Business For Sale, Mortgage Business For Sale, Mortgage Brokers Business For Sale, Real Estate Agency Business For Sale, Real Estate Business For Sale, Real Estate Brokerage Business For Sale, Storage Business For Sale, Title Business For Sale, Title and Escrow Business For Sale, Other Real Estate Business For Sale

Mortgage Company

Location  California,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $10000000
Net Profit / Cash Flow  $800000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2001
Number of Employees  1 - 3
Inventory  20000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Other ventures.
Description  This company offers an innovative and proven system to generate revenues in the mortgage business. With well over 100 loan officers and over 50 branch operations, with operation in 45 states, the new owner does not have to be a broker or be real estate licensed. Revenues have continued to increase since the company's beginning. This unique business model is somewhat recession proof and market fluctuations and interest rates do not substantially affect their business in the same way traditional mortgage companies are affected. This business offers broker and correspondent lending programs with thousands of different mortgage programs for all kinds of clienteles from sub-prime to A paper. Essentially the company can do anything, anywhere. They do mainly residential mortgages, but in some instances they offer commercial lending as well as real estate transactions. The owner says the new owner could learn the system easily, continue growing the business, and relocate the business to another area if he/she desires. Mortgage experience is preferred but not essential. As an added benefit, this business system appears to have very substantial tax benefits incorporated into their model. The average number of loan originations are at least 100 loans per month with an average of $600 per loan to the company. They also have in house escrow and processing which are added profit centers for the company. The staff consists of 7 individuals which includes three processors, one escrow officer, one receptionist, and one executive administrative assistant.
Click Here To Contact Seller

    

For more business opportunities like this go to:
http://www.globalbx.com

Home | Franchise Directory | Franchise Resources | Franchise Newsletter | Businesses For Sale | Site Map | Advertise | Contact Us | About Us
Franchise Opportunity Quick Guide | Terms & Conditions      © 2004 - . All Rights Reserved