CFI Mortgage, Inc.
Ticker:CFIM 580 Village Boulevard, Suite 360
Exchange:NASDAQ-Small Cap Market West Palm Beach, FL 33409
Industry:Financial (SIC Code 6162)

Offering Information
Type of Shares:Common Shares Filing Date:3/21/97
U.S. Shares:1,000,000 Offer Date:5/27/97
Non-U.S. Shares:0 Filing Price:$5.00
Primary Shares:1,000,000 Offer Price:$5.00
Secondary Shares:0 Gross Spread:$0.50
Offering Amount: $5,000,000 Selling:$0.25
Expenses:$417,623 Reallowance:$0.10
Shares Out After:2,200,000

Primary Underwriting Group
ManagerTierPhone
Strasbourger Pearson Tulcin Wolff Inc.Lead Manager (212) 425-2320

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Coleman & Rhine LLP
Bank's Law Firm: Stroock & Stroock & Lavan
Auditor: Martin Leventhal & Company LLP
Registrar/Transfer Agent: Continental Stock Transfer & Trust Co

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/96 3/31/97 3/31/96 3/31/97
Revenue:$8.31$1.68$1.62Assets:$1.81
Net Income:$0.20-$0.06-$0.10Curr Assets:
EPS:$0.17-$0.05-$0.08Liabilities:$0.68
Prior EPS:$0.38-$0.25-$0.19Curr Liabilities:
Cash Flow/Oper:$0.12Equity:$1.14
Cash Flow/Fin:Cash:
Cash Flow/Inv:

Business Description
The company provides mortgage loan services.

Use of Proceeds
The proceeds from the proposed offering will be used to fund mortgage loans, to expand the company's retail division, to market the company's services, to repay indebtedness and to purchase new technology.

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