Firm says 80 franchises have been sold nationwide
Motto Mortgage, the home loans franchise business owned by real estate brokerage RE/MAX has reported continued growth.
The firm launched in October 25, 2016 and sold 50 franchises in its first year of operation. Six months later and it has sold 80 franchises in total, with 40 already operating.
“80 franchises sold with more than 40 now open is a tremendous achievement for the Motto Mortgage team and network,” said Motto Franchising President Ward Morrison.
He says that the Motto business model is revolutionary with its network of mortgage brokers operating in close collaboration with local real estate agents.
Brokers are not tied to one lender but have access to various loan products from several lenders.
“We’re the first national mortgage brokerage franchise in the country and we knew from the early beginning that our unique brokerage model was needed in the industry. It’s a very exciting time for all of us at Motto Mortgage.”
Motto Mortgage franchises operate in Arkansas, California, Colorado, Delaware, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Maryland, Michigan, Missouri, Montana, Nevada, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Washington, D.C. and Washington State.
