Business Overview:
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 $50,000 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: if 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 regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Sellers pursuing other business venture in unrelat
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.