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    0 Replies Latest reply on Aug 25, 2008 9:04 PM by mortgagebiz

    FHA lender looking for investor or partner

    mortgagebiz Newbie
      We all know the mortgage biz is a tough industry right now, but only the smart realize opportunities are available in this market. I have 25+ yrs mortgage experience. I recently purchased a 19 yr mortgage company that has HUD license. Currently only brokering FHA loans in California, began 02/08. Have a great biz plan, and have begun to make some progress, however, I have already personally invested $300k. Am in need of $100k to execute my expansion. Looking for an investor for the $100k or partnership. FHA will be the prominent loan program in the next few years and I am positioning my business for that purpose. Only serious inquiries please.