Established mortgage lending company, licensed nationwide

Featured on BusinessForSale.com . 36 viewed

Asking Price

$9,500,000

FOR SALE - ACTIVE

Detailed Information

Location

Wayne County,Michigan, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

Rare opportunity to acquire a well-established mortgage lending company licensed in 40 states, known for its customer-focused approach and diverse loan programs suitable for all borrowers. The company operates efficiently with fully equipped offices, experienced staff, centralized underwriting, and advanced mortgage technology, positioning it for further growth. With a remarkable top-line growth of over 300% in 2020 and sustained performance in 2021, the company's success is attributed to its product expertise, strong human resource management, and dedication to customer service. The company offers significant potential for scaling through initiatives such as recruiting multilingual staff, expanding geographically, establishing an appraisal management company, and enhancing sales outreach efforts, including a dedicated call center. The current owner is open to a comprehensive transition post-sale, and a dedicated management team adds value to the business's appeal. The company's proven track record and strategic growth opportunities make it an attractive investment in the mortgage lending industry. Overall, this turnkey mortgage lender stands out for its strong

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