DENVER, April 9, 2019 /PRNewswire/ -- The Motto Franchising, LLC brand continues to innovate the mortgage industry and garner attention for its growth. Today, Entrepreneur magazine named Motto Mortgage as one of the top new franchise brands in 2019.
The ranking of 100 franchises placed Motto Franchising, LLC near the top half of the list, with an overall ranking of 56. This marks the first year the franchisor has been included in the annual list of top companies that have been franchising for five years or less.
With over 100 franchises sold and nearly 90 offices open in 30 states, Motto Franchising, LLC's unique national franchise mortgage brokerage model is the first of its kind in the United States. Motto Mortgage was established in October 2016 and sold 50 franchises in its inaugural year in business, and sold the 100th Motto Mortgage franchise, just 23 months after its launch. The growing network of Motto Mortgage brokerages is built on exceptional service, a better customer experience and, in many cases, the convenience of having loan originators in close proximity to real estate offices.
"We are pleased to be named as an Entrepreneur magazine 2019 top new franchise," said Ward Morrison, president, Motto Franchising, LLC. "I believe the Motto Mortgage model fosters an environment where innovation is encouraged and naturally lends itself to evolution and growth. Being included on this list with other ground-breaking franchises speaks volumes about the value proposition of our brand."
Entrepreneur will publish its latest "Top New" list in its April 2019 issue. The rankings were based on Entrepreneur magazine's analysis of franchise disclosure and related documents dated August 2017 to July 2018 of 274 participating franchise systems open for five years or less as of July 31, 2018.They examined 150 data points, including costs, fees, size, growth, franchise support, brand strength and financial strength and stability.
Motto Franchising was also recently named as a 2019 Fastest-Growing-Franchise by Entrepreneur Magazine, ranking in the top half of the list at #72. * The brand received additional accolades last year when Franchise Grade® named Motto Mortgage among the top 1 percent fastest-growing emerging franchises in 2018, according to an analysis of over 2,500 franchise systems. **
Motto Mortgage, a "mortgage brokerage in a box," continues to create a breakthrough in the mortgage industry by providing more options, transparency and convenience for consumers. This model not only creates an ancillary business for current real estate brokerage firms, but also offers opportunities for mortgage professionals seeking to open their own businesses and independent investors interested in financial services.
About Motto Mortgage
The Motto Mortgage network is breaking the mold by giving the power of choice back to consumers with less jargon, more transparency, and even more options to choose from as they shop for the right home loan. With over 100 franchises sold and nearly 90 offices open in 30 states, Motto Franchising, LLC's unique national franchise mortgage brokerage model is the first of its kind in the United States. Created to disrupt the mortgage industry, the Motto Mortgage network connects loan originators and real estate agents to provide a seamless, personalized experience and one-stop shop for consumers. Motto Mortgage is the second member of the RE/MAX Holdings, Inc. family of brands. Each Motto Mortgage office is independently owned, operated and licensed. To learn more about Motto Mortgage, or for license information for a Motto Mortgage office, email firstname.lastname@example.org, or visit www.mottomortgage.com/offices.
*Motto Mortgage was named an Entrepreneur Magazine 2019 Fastest- Growing Franchise based on the net number of franchise units added in the U.S. and Canada between July 2017 to July 2018 according to Entrepreneur magazine's review of unit lists and Franchise Disclosure Documents of 1,094 participating franchises across all industries.
**Motto Mortgage is among the top 1 percent fastest-growing emerging franchises in 2018 according to an analysis of over 2,500 franchise systems by Franchise Grade® in its review of franchise sales information contained in Franchise Disclosure Documents issued during the 12 months ended August 30, 2018.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a Motto Mortgage franchise. It is for informational purposes only. We will not offer you a franchise in states or other jurisdictions where registration is required unless and until we have complied with applicable pre-sale registration requirements in your state (or have been exempted therefrom) and a Franchise Disclosure Document has been delivered to you before the sale in compliance with applicable law. New York residents: This advertisement is not an offering. An offering can be made by prospectus only. Minnesota Reg. No. F-8089; Motto Franchising, LLC, 5075 South Syracuse St #1200, Denver, CO 80237, 1.866.668.8649.
SOURCE Motto Mortgage