Services - Finance, Banking, Loans & Leasing | Services - Agents & Brokers

Asking Price	$180,000	Inventory
Gross Income	$107767	Real Estate
Cash Flow	$38,840	Year Established	1998
FF&E	$7,500*	Employees	0

* included in the asking price

** not included in the asking price

Many loans are from repeat customers and referrals due to time in business and agressive marketing, mailing, and advertising campaign. Great opportunity for qualified mortgage bankers, loan officers, escrow agents, title officers, real estate agents, real estate brokers, paralegals, underwriters, and loan processors looking for a soldi performing and long-established business.

Facilities: Office facility located in downtown area and is 727 sf and rents at $995/mo. Expires 12/31/2007 with option to renew.

Competition: Although the mortgage brokerage industry has had recent downtourns, this local icon continues to do well and produce solid return business and referrals. The community is above average in population growth and economic stability. There are numerous mortgage brokers in this community.

Growth/Expansion: The brokerage could do a higher volume of loans with additional loan processors. The company has placed over 1,000 residential loans totaling more than $139,203,000 over the last 9 years.

Financing: Seller may carry for qualified buyer or buyer obtain SBA loan

Support/Training: Negotiable

Reason Selling: Health reasons