Motto Mortgage vs Platinum Preferred Financial Group Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Motto Mortgage vs Platinum Preferred Financial Group including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Motto Mortgage Franchise
Platinum Preferred Financial Group Franchise
Investment $52,800 - $73,800$19,990
Franchise Fee $25,000 - $26,500N/A
Royalty Fee $4.5K/mo.-
Advertising Fee $300/mo.-
Year Founded 20162017
Year Franchised 20162017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Motto Mortgage Franchise
Platinum Preferred Financial Group Franchise
Experience --

Financing Options

 
Motto Mortgage Franchise
Platinum Preferred Financial Group Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Motto Mortgage Franchise
Platinum Preferred Financial Group Franchise
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

 
Motto Mortgage Franchise
Platinum Preferred Financial Group Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

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

"Entrepreneur
#395 in Franchise 500 for 2020.
#147 in Franchise 500 for 2021.


About Platinum Preferred Financial Group

"Platinum
At Platinum Preferred Financial Group... The Sky is The Limit!
Looking to be independent? Tired of the same job? Want to finally capitolize on your full potential?
That opportunity is right in front of you! This business is not a franchise, therefore there are no on-going fees or royalties after your one-time purchase!