The Motto Mortgage
brand has been named to Entrepreneur
magazine’s 41st annual Franchise 500 list, ranking 395th overall and first in the Miscellaneous Financial Services Category. This is the first time Motto Mortgage has been included in the Franchise 500. The brand was previously recognized in 2019 by Entrepreneur
as one of the “Fastest-Growing-Franchises,” as well as a top new franchise brand.
“We are honored to be number 395 on the illustrious Entrepreneur magazine 2020 Franchise 500 list, earning a place among some of the most respected franchise brands. As a three-year startup, it is especially gratifying to be ranked first in the Miscellaneous Financial Services Category,” said Ward Morrison, president of Motto Franchising LLC. “These rankings are a testament to the strength of the Motto Mortgage brand as a franchise opportunity and showcases the potential of our business model.”
As the first national mortgage brokerage franchise in the U.S., Motto Mortgage was launched in October 2016 and has showcased fast-paced growth, averaging 50 franchise sales a year. The brand currently has 100-plus offices open in more than 30 states. The franchise brand is also among the top five percent of fastest-growing emerging franchises, according to Franchise Grade.
"The 500 companies on the list all have something in common: They understand what consumers want now,” says Entrepreneur Editor-in-Chief Jason Feifer. “They may be an upstart in a brand-new category, or a brand that’s ranked highly on our list for decades. Either way, making our list means they’re a forward-thinking company, nimble, and closely in touch with their customers’ needs—because in an ever-changing business environment, that’s what a franchise must do to thrive."