Blue Sky Group Holding Inc
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Blue Sky Group Holding Inc | |
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Type | Public |
Industry | Mortgage Loans |
Founded | 2016 |
Headquarters | North Richland Hills, TX, United States |
Key people | Chirag Patel (CEO), Cyrus Sajna (CFO) |
Number of employees | 6 [1] |
Blue Sky Group Holding Inc was incorporated in Delaware on Sept 30 2016 and is a development stage company focusing on originating mortgage loans. They provide loans to mid-grade and high-grade borrowers that are seeking to purchase primary residences. Much like other mortgage banking firms, the business continually maintain strict controls over its lending procedures to ensure that defaults are kept to an absolute minimum. Blue Sky Group Holdings, may sell the mortgages it originates to Fannie Mae, Freddie Mac and Ginnie Mae.[2]
Blue Sky Group Holdings, Inc will grow through three main avenues:
- The successful marketing and growth of the Company’s financial infrastructure through the acquisition of larger warehouse lines of credit.
- Continued implementation of streamlined methods for closing and selling loans while conforming to all state and federal level laws.
- Continue to develop relationships with investors and institutional loan buyers so that the Company can quickly divest its loan and lending assets at a premium while retaining servicing rights for originated financings.
- Blue Sky Mortgage is into the home purchase market. Furthermore, Blue sky mortgage has multiple home builders and realtor contacts that have assured multiple referrals to the company for their client’s needs.[3]
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