Business Summary:
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 $50k 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: inf 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 contact VR Business Brokers Atlanta: 770-814-4466 or info@vrnatlanta.com.
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