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Updated RecentlyMotto Mortgage vs The Loan Consultants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Motto Mortgage vs The Loan Consultants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $52,800 - $73,800 | $13,800 |
| Franchise Fee | $25,000 - $26,500 | N/A |
| Royalty Fee | $4.5K/mo. | - |
| Advertising Fee | $300/mo. | - |
| Year Founded | 2016 | 1983 |
| Year Franchised | 2016 | 1983 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: Varies Classroom Training: 20 hours | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | No |
Company Overviews
About Motto Mortgage
Motto Mortgage was established late October 2016, and sold 50 franchises
in its inaugural year. Motto Mortgage is a network of mortgage brokers
focused on helping consumers make sense of the home loan process. Motto
Mortgage loan originators work hand-in-hand 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. The 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, or independent investors interested in financial
services.
The company has over 60 franchises open and operating in 28 states
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#147 in Franchise 500 for 2021.
About The Loan Consultants
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The Loan Consultants, Inc. will show you how to operate a professional and successful loan
brokerage without the expensive offices and staff of salaried
employees that drive up your overhead. This results of course, in
lower operating costs and higher profits for you. Additionally, you
will have the confidence of knowing you are offering the one product
that everyone needs... money!
If your goal is to own your own successful business
and independence for you and your family, The Loan Consultants, Inc.
may be a rare and golden opportunity to make those goals a reality.
Our status in the industry, our longevity in this business, and our
reputation with our customers and funding sources are irrefutable proof
that we know what we are doing. Our staff of highly trained,
experienced and dedicated professionals take great pride in mentoring you to success.
If you are ready to begin earning Executive level income and are prepared to commit
yourself to making your own business successful, we'll provide all the expertise
and support to get you started and ensure you are successful every step of the way.