magazine has named Motto Mortgage
as one of the fastest-growing franchise brands in 2019. The ranking of 150 franchises placed Motto Franchising LLC in the top half of the list, with an overall ranking of 72. This marks the first year the franchisor has been included in the annual list.
With more than 100 franchises sold and nearly 80 offices open in 30 states, Motto Franchising'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.
"We are proud to be named as an Entrepreneur magazine 2019 fastest-growing franchise. Earning a place among some of the most respected franchise brands with only two years under our belt is an incredible accomplishment," said Ward Morrison, President of Motto Franchising LLC. "Our growth really showcases how revolutionary the Motto Mortgage model is. It's an incredibly exciting thing to be part of."
This is not the first time Motto Franchising has been recognized for its growth. Last year, Franchise Grade named Motto Mortgage among the top one percent fastest-growing emerging franchises in 2018, according to an analysis of more than 2,500 franchise systems.