Writing a Business Plan for a Mortgage Brokerage
Mortgage brokerages are able to generate very high gross margins by assisting homeowners with acquiring the capital they need in order to purchase their property. These businesses are typically able to generate very large commissions that allows them to remain profitable and cash flow positive even during times of economic turmoil or when the real estate market has turned. Over the past 14 years, Deutsch and Thomas has developed a number of business plan specific for mortgage brokerage businesses throughout the
United States. We are familiar with all aspects of these businesses operations including working with lenders on a brokerage basis, the commissions that are generated, the typical financial products that are provided to homeowners, and the underlying expenses that are common to this type of business. In each business plan that we complete, we always provide a full industry as well as a local and regional market research analysis as part of the overall business plan. The business plan we can produce for you will be nine chapters in length as well as containing five appendices. All the business plans that we produce are able to be seen by either a financial institution or private investor in regards to raising capital.
As it relates to developing a mortgage brokerage business plan, Deutsch and Thomas always provides a five-year financial model includes a profit and loss statement, cash analysis, balance sheet, breakeven analysis, and business ratios page. The business plan also contains a full marketing plan which outlines how a new brokerage will compete in this very cutthroat industry. Additionally, we often discuss expansion plans which may include the acquisition of a warehouse line of credit which will allow the board brokerage to operate in a mortgage banking capacity. All the work that we do is done specifically to our client specifications, and we can work very closely with you in order to develop the business plan so that it suits all of your general business planning and capital raising needs. Additionally, one of the other things that we always address in the business plan are some of the critical issues that these businesses will face as it
progresses through its startup and expansion operations.
During the last 14 years we have been in business, Deutsch and Thomas has completed more than 2.400 business plans. Our clients have gone on to raise will be more than $600 million in capital plans we have developed on their behalf. If you're interested in having a business plan developed for your mortgage brokerage firm, please contact us anytime at 646-216-9844 or through the contact form on this website.