Home Mortgage Resource, Inc.
- Tillie KeithLoan Originator · Company website
- Cassidy CruseLoan Assistant · Company website
How we got $2.3M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Home Mortgage Resource, Inc. is a veteran owned company that helps people with home purchasing and home refinancing, described as helping everyone achieve the dream of home ownership.
From the company's website. Industry: Mortgage and Nonmortgage Loan Brokers.
Estimated value over time
▲ 3% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOME MORTGAGE RESOURCE, INC. this business | $1.4M | — |
| MERRILL CHECK CASHING L.L.C. Sallisaw · 3 employees | $427K | 32.0 mi |
| SALLISAW CHECK CASHING, L.L.C. Sallisaw · 2 employees | $510K | 32.0 mi |
| VANESSA WELCH Claremore · 1 employees | $704K | 46.7 mi |
| PAYMENT DATA EXCHANGE LLC Claremore · 1 employees | $818K | 47.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $612K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $2.3M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.2M – $3.2M |
| Revenue range | $895K – $1.6M |
| EBITDA range | $403K – $698K |
| Industry (NAICS) | Mortgage and Nonmortgage Loan Brokers (522310) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“We have built a strong reputation as an outstanding veteran owned mortgage company, serving the lending needs of real estate professionals, builders, and individual homebuyers throughout Oklahoma for over 20 years.”
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $50K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Home Mortgage Resource, Inc.
Home Mortgage Resource, Inc. is a mortgage and nonmortgage loan brokers company in Tahlequah, Oklahoma, in business since 2008. It is owned by J. Kent Rountree. Its estimated annual revenue is about $1.4M, with roughly $612K of EBITDA. It has about 3 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Home Mortgage Resource, Inc.?
- Home Mortgage Resource, Inc. is owned by J. Kent Rountree, according to public sources such as the company's website or filings.
- How much revenue does Home Mortgage Resource, Inc. make?
- SeeBITDA estimates Home Mortgage Resource, Inc.'s annual revenue at about $1.4M (likely between $895K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Home Mortgage Resource, Inc. worth?
- About $2.3M, roughly 3.8× its estimated EBITDA of $612K, typical for a mortgage and nonmortgage loan brokers company its size. Likely range: $1.2M–$3.2M.
- How many employees does Home Mortgage Resource, Inc. have?
- About 3, as reported on its PPP loan.
- When was Home Mortgage Resource, Inc. founded?
- Home Mortgage Resource, Inc. has been in business since 2008.