Motto Franchising LLC
has announced the sale of its 100th Motto Mortgage franchise, a major milestone just 23 months after its launch. Motto Mortgage was established late October 2016 and sold 50 franchises in its inaugural year in business. Motto Mortgage is also among the top one percent of fastest-growing emerging franchises in 2018, according to an analysis of over 2,500 franchise systems conducted by Franchise Grade.
Motto Mortgage is a network of Mortgage Brokers focused on helping consumers make sense of the home loan process. Motto’s Loan Originators work with real estate agents, providing a seamless customer experience from start to finish. With access to a wholesale lending mix, Motto Mortgage network offices provide more home loan options and competitive rates.
“One hundred franchises sold in less than two years is remarkable for a startup franchisor, regardless of the industry. This just showcases how revolutionary the Motto Mortgage model truly is,” said Motto Franchising LLC President Ward Morrison. “It’s incredibly exciting. We’re charting new territory as the first national mortgage brokerage franchise and will continue to capitalize upon this momentum.”
Bill and Kendall Bonner of Tampa, Fla. purchased the 100th Motto Mortgage franchise. Experienced RE/MAX franchise owners with a combined 40 years of experience as attorneys and real estate professionals, the Bonners will open Motto Mortgage Resource in late 2018.
“We’re thrilled to join the Motto Mortgage network,” said Kendall Bonner. “Purchasing a home can be an overwhelming process. Our goal is to truly become a convenient, one-stop shop where customers have the choices they want, and caring experts they know they can count on.”