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Updated RecentlyCentum vs Motto Mortgage Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Centum vs Motto Mortgage including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $100,000 | $52,800 - $73,800 |
| Franchise Fee | N/A | $25,000 - $26,500 |
| Royalty Fee | - | $4.5K/mo. |
| Advertising Fee | - | $300/mo. |
| Year Founded | 2002 | 2016 |
| Year Franchised | 2002 | 2016 |
| 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 |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Centum
Centum Financial Group Inc. is a federally incorporated company that is part of a global network of franchise organizations that includes financial services, real estate, travel services and hotel accommodations. Launched in October 2002, the CENTUM network has rapidly grown to include over 175 member locations that employ over 1200 mortgage agents across Canada.
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.