<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial information extracted from the
September 30, 2000 financial statements of CFI Mortgage Inc. and Subsidiaries as
at and for the nine months ended September 30, 2000 is qualified in its entirety
by reference to such financial statements.
</LEGEND>

                             
<PERIOD-TYPE>                                  9-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-START>                                  JAN-1-2000
<PERIOD-END>                                   SEP-30-2000
<CASH>                                              32,906
<SECURITIES>                                             0
<RECEIVABLES>                                       55,396
<ALLOWANCES>                                             0
<INVENTORY>                                              0
<CURRENT-ASSETS>                                   407,747
<PP&E>                                           3,004,697
<DEPRECIATION>                                     149,702
<TOTAL-ASSETS>                                   5,034,684
<CURRENT-LIABILITIES>                            2,131,809
<BONDS>                                                  0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                      1,721,596
<COMMON>                                           241,330
<OTHER-SE>                                        (514,466)
<TOTAL-LIABILITY-AND-EQUITY>                     5,034,684
<SALES>                                            314,307
<TOTAL-REVENUES>                                 1,526,193
<CGS>                                                    0
<TOTAL-COSTS>                                    2,368,134
<OTHER-EXPENSES>                                   494,071
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                                  70,376
<INCOME-PRETAX>                                 (1,306,388)
<INCOME-TAX>                                             0
<INCOME-CONTINUING>                             (1,036,388)
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                  4,402,147
<CHANGES>                                                0
<NET-INCOME>                                     3,095,759
<EPS-BASIC>                                            .18
<EPS-DILUTED>                                          .16