"Moving Forward in Reverse"
Meet the Talented Agents
Floyd Luman
Floyd has been involved in the mortgage industry since 1998. He started as a mobile closer for various companies such as The Money Store. He eventually became a loan officer for Aames Home Loans and later was promoted to branch manager.
The next few years were devoted to managing teams of people at several of large companies such as New Century Mortgage. These various companies helped Floyd develop his understanding of the mortgage industry. Currently, he is excited to apply his knowledge by assisting customers in understanding reverse mortgages.
EquiPoint Vision
To provide our clients an array of financial products and services best tailored to their needs, to explain those products and services in accurate and easily understood terms and to deliver them in a manner that confirms, in every way, our goal of becoming "America's Trusted Financial Advisor".
EquiPoint History
EquiPoint Financial Services, Inc. ("EquiPoint"), (a Nevada "C" Corporation licensed to do business in California) was organized on July 17, 2001 and began formal operations on June 1, 2003. EquiPoint operates as a privately owned stock holding company with several wholly owned subsidiaries. The corporate headquarters is in Auburn California. The officers, directors and founding investors seeded the company with approximately $1.3 million of capital and operations commenced with the platform group of three Subsidiary Corporations. The company has recently completed its second round of capital raising, generating approximately $1.8 million in additional capital.
We began with the consolidation of a platform group of three established California mortgage companies with combined annual revenues of approximately $35 million, processing approximately $1.7 billion in home mortgage loans.We anticipate growing to over $100 million in mortgage revenue while the company adds insurance and ancillary financial services intended to increase earnings by an additional $20 - $30 million. We then intend to begin preparations to become a publicly listed company.
Our long term goal is to become a fully diversified financial services company branded as "America's Trusted Financial Advisor". Through a well-conceived concurrent strategy of acquisition and internal growth, a number of independent mortgage brokers, mortgage banks, insurance agencies, securities brokers and a commercial bank will be integrated under the EquiPoint brand. Additionally, EquiPoint will participate at arm's length in the formation of a Mortgage Real Estate Investment Trust (Mortgage REIT) for the purpose of controlling our own mortgage loan products.
The Executive Management Team is comprised of high-level seasoned veterans with extensive experience in the financial services industry as well as many years of merger and acquisition and IPO experience.
Our fundamental strategy for stock value creation is transitioning from the existing transaction based business model made up primarily of mortgage banking products to a recurring, annuitized revenue model, through addition of insurance, banking and financial planning products.
