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Business for Sale Summary

Mortgage Company for Sale in New York - 36466

Business Type: agents/brokers,banking, lending, and finance,misc. service/non-classifiable,non-classifiable establishments,other business services,other personal services,owner financing available,professional services
Mortgage Company for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $3,000,000 Down Payment $2,000,000
Gross Revenues $2,475,000 Lease Remaining Register Free to View
Owner’s Cash Flow $1,015,000 Number of FT Employees Register Free to View

Financing

$2,000,000 Down and $1m for 60 months @ 7.5%

Business Description

We are presenting a rare chance to acquire a well-established mortgage company with a flourishing reverse mortgage division. This business is renowned for its high-quality financial solutions and personalized service, assisting clients in securing their dream homes, refinancing loans, and consolidating debt. Key highlights include our experienced mortgage professionals who offer customized financial solutions for home purchases, refinancing, and debt consolidation. Our reverse mortgage division specializes in helping seniors access their home equity for retirement, ensuring a secure financial future. With decades of expertise, we adeptly guide clients through buying, selling, and financing processes, prioritizing seamless transactions and client satisfaction. Our core values emphasize placing people before profits by providing honest, tailored advice and leveraging our founder’s personal experience to support seniors in making informed financial decisions. With over 36 years of industry experience, we are committed to delivering exceptional service and guidance in all aspects of mortgage. This opportunity represents an excellent prospect for a buyer seeking to acquire a respected, thriving business with substantial growth potential. For more details, please contact the broker, Peter Santella at 516-250-6822 for a confidential discussion.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.