EXHIBIT 10.1

[PETERSON SULLIVAN P.L.L.C. LETTERHEAD]

                         INDEPENDENT AUDITOR'S CONSENT


    We consent to the use in this Registration Statement of SFG Mortgage and
Investment Company, Inc. on Amendment 5 to Form SB-2 of our report dated
September 20, 1999, appearing in the prospectus, which is part of this
Registration Statement.


    We also consent to the reference to us under the headings "Schedule of
Managed Funds" and "Experts" in such prospectus.

/s/ Peterson Sullivan PLLC


October 29, 1999
Seattle, Washington