There are a number of nationally recognised mortgage franchise for sale on the market these days, these are also businesses or a franchise that are a loan broker franchise or even a real estate franchise with the added ability to add the loan business on to clients, so you can market advertise and also help to fund the purchase of the property you are offering.
A broker franchise or a mortgage franchise often puts a set of contracts and certain loan products together in one simple package that a new business owner can use to offer to new loan applicants, covering the two most popular areas, which are straight out home purchases, like a first home buyer or a buy to let investor, or often the massive re-mortgaging business where families use the equity they have created from their home ownership and draw upon that profit by re-mortgaging the home for a variety of reasons, including, upgrading into a larger home as families grow, paying for education or better schooling for their children, or often using the money to start an investment portfolio to start a business.
Many of these businesses are packaged up and offered out across the country as a new mortgage franchise for sale, offering the systems and access to lending products that can and will attract new applicants who are looking to buy a home or restructure the way they are currently running their loan facility.
If you own a loan broker franchise you will be offering a second or new mortgage to people who may have been forced due to circumstance to take a higher or less flexible loan product and the broker franchise, rewrites the loan business creating a better deal for the new applicant as they move away from the initial lending institution who may have been their only option to accessing funds and getting on the property ladder.
It is estimated that over the last 20 years more people now refinance their homes than the number of new loans for first time home owners. That means that over the years a home may be refinanced three or four times, which creates the opportunity to guarantee ongoing business from a territory as each property could be rewritten for credit from the loan supplier many times. This makes the area and the number of homes a mortgage franchise has under its territory far greater than the actual number of houses in that area. Have you considered in mortgage franchises Newcastle Upon Tyne or mortgage franchises in Oxford?
If you are thinking about looking for a mortgage franchise for sale or looking to establish a new loan broker franchise in an area, looking at the refinance market is the key to seeing the value of the opportunity, if your broker franchise can rewrite business on many properties and you can establish a faithful data base of customers who have bought from you before then the future income derived from that mortgage franchise could be far greater than you have initially estimated.
To see what broker franchise, mortgage franchise opportunities or other suitable business opportunities are available in your area why not request a free information pack from Approved Franchises. Enter your details on the form above and they will send you information on the best opportunities that they have researched for people looking right now just like you.