Mortgage Broker Service For Sale - Scottsdale, Arizona, AZ - Maricopa County

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PROFILE: High End Mortgage Broker With Solid Loans Located In High Income Area.

AD/LISTING INFORMATION
Status: Off The Market
State: Arizona
Location: Scottsdale
County: Maricopa
City: Scottsdale
Primary Category: Service Related
Alternate Category:   None Given
  
 
 
 
 
 
 
  

FINANCIAL INFORMATION
Asking Price: Open
Down Payment:
Annual Revenue: $200,000
Annual Adjusted Net: $120,000
   
Price Range: $100,001-$250,000
DETAILED INFORMATION
Franchise: No
Relocatable: Yes
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Yes

DESCRIPTION: Located In High Income Area In Phoenix, An Established Mortgage Brokerage Firm Is Available For The Right Buyer. Established In 2002, This S-Corporation Specializes In Personal Service In Consumer Lending, Has Grown Steadily Since Its Inception. 89% Of Business Is Referrals And Repeat Business. This Broker Has An Efficient System Of Processing Loans. They Process Residential And Some Commercial. The Ground Work Is Laid For Even Greater Expansion, With Much Of Their Business From Past Clientele.

2007 Was A Slow Year For This Industry And This Company Weathered It And Is Very Strong Pace In 2008 Due To Increased Demand For Refis And Reduced Competition. Unlimited Growth With More Commissioned Loan Officers Combined With Increased Marketing. Must Be A Qualified Az Residents Have To Obtain A License Or Manage The Office With One. Owner May Be Willing To Use Their License For One Year.

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