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 |
Investment |
$52,800 - $73,800 | $19,990 |
Franchise Fee |
$25,000 - $26,500 | N/A |
Royalty Fee |
$4.5K/mo. | - |
Advertising Fee |
$300/mo. | - |
Year Founded |
2016 | 2017 |
Year Franchised |
2016 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
Yes/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
US Expansion |
Yes | Yes |
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
#395 in Franchise 500 for 2020.
#147 in Franchise 500 for 2021.
About Platinum Preferred Financial Group
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!