Blue Collar Financial Group vs Motto Mortgage Franchise Comparison

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

Start-Up Costs and Fees

 
Blue Collar Financial Group Franchise
Motto Mortgage Franchise
Investment $110,000 $52,800 - $73,800
Franchise Fee $50,000 $25,000 - $26,500
Royalty Fee Varies $4.5K/mo.
Advertising Fee - $300/mo.
Year Founded 1995 2016
Year Franchised 2005 2016
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Blue Collar Financial Group Franchise
Motto Mortgage Franchise
Experience - -

Financing Options

 
Blue Collar Financial Group Franchise
Motto Mortgage Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees No/No Yes/-
Start-up Costs No/No -/-
Equipment No/No -/-
Inventory No/No -/-
Receivables No/No -/-
Payroll No/No -/-

Training & Support

 
Blue Collar Financial Group Franchise
Motto Mortgage 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

 
Blue Collar Financial Group Franchise
Motto Mortgage Franchise
US Expansion - Yes
Canada Expansion No -
International Expansion No -

Start-Up Costs and Fees Mobile

Investment
Blue Collar Financial Group Franchise
$110,000
Motto Mortgage Franchise
$52,800 - $73,800
Franchise Fee
Blue Collar Financial Group Franchise
$50,000
Motto Mortgage Franchise
$25,000 - $26,500
Royalty Fee
Blue Collar Financial Group Franchise
Varies
Motto Mortgage Franchise
$4.5K/mo.
Advertising Fee
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
$300/mo.
Year Founded
Blue Collar Financial Group Franchise
1995
Motto Mortgage Franchise
2016
Year Franchised
Blue Collar Financial Group Franchise
2005
Motto Mortgage Franchise
2016
Term Of Agreement
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
-
Renewal Fee
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
-


Business Experience Requirements

Experience
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Blue Collar Financial Group Franchise
No/No
Motto Mortgage Franchise
Yes/-
Start-up Costs
Blue Collar Financial Group Franchise
No/No
Motto Mortgage Franchise
-/-
Equipment
Blue Collar Financial Group Franchise
No/No
Motto Mortgage Franchise
-/-
Inventory
Blue Collar Financial Group Franchise
No/No
Motto Mortgage Franchise
-/-
Receivables
Blue Collar Financial Group Franchise
No/No
Motto Mortgage Franchise
-/-
Payroll
Blue Collar Financial Group Franchise
No/No
Motto Mortgage Franchise
-/-

Training & Support

Training
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
On-The-Job Training: Varies Classroom Training: 20 hours
Support
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
-

Expansion Plans

US Expansion
Blue Collar Financial Group Franchise
-
Motto Mortgage Franchise
Yes
Canada Expansion
Blue Collar Financial Group Franchise
No
Motto Mortgage Franchise
-
International Expansion
Blue Collar Financial Group Franchise
No
Motto Mortgage Franchise
-

Company Overviews

About Blue Collar Financial Group

NO LONGER FRANCHISING

Status: Dissolved

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.