The 2017 financials state continued growth in both revenue and cash flow. 2017 annualized revenue is traveling above $1,500,000 with the annualized year end net cash flow to owner more than $600,000. The business has an experienced staff of 15 people that have served the needs of Central Florida for over 10 years. The office is in a growing metro area in central west Florida. This company is a Mortgage Brokerage Business that is entirely referral driven and is well known for providing wholesale mortgage brokerage services offering the lowest market rates and zero fees to its borrowers. The company’s longstanding relationships with multiple lenders allows this firm to be a premier wholesale mortgage provider with the most advantageous mortgage products and rate available to borrowers.
The company continues to secure high gross margin and increased cash flow through the company by managing and servicing its reoccurring client referral based portfolio with on-time closings and unbeatable mortgage rates and products. The company’s compensation for mortgage closings is paid 100% by the lender which provides consistent cash flow to the company and most importantly there is zero cost to borrowers by way of this wholesale brokerage model. Year over year increase in revenue and gross margin has provided substantial cash flow required for growth. The company profits have remained available to the owner to allow increased owner compensation and owner distribution. With a facility that is only at 40% capacity and paying above market compensation to its Loan Officers, the company continues to exceed its growth plan.
This is a solid opportunity to pursue a career in Wholesale Mortgage Brokerage entrepreneurship.
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