American Lenders Service Company vs Motto Mortgage Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of American Lenders Service Company vs Motto Mortgage including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
American Lenders Service Company Franchise
Motto Mortgage Franchise
Investment $50,000 - $513,000 $52,800 - $73,800
Franchise Fee $5,000 $25,000 - $26,500
Royalty Fee - $4.5K/mo.
Advertising Fee - $300/mo.
Year Founded - 2016
Year Franchised - 2016
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
American Lenders Service Company Franchise
Motto Mortgage Franchise
Experience - -

Financing Options

 
American Lenders Service Company Franchise
Motto Mortgage Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- Yes/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
American Lenders Service Company 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

 
American Lenders Service Company Franchise
Motto Mortgage Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
American Lenders Service Company Franchise
$50,000 - $513,000
Motto Mortgage Franchise
$52,800 - $73,800
Franchise Fee
American Lenders Service Company Franchise
$5,000
Motto Mortgage Franchise
$25,000 - $26,500
Royalty Fee
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
$4.5K/mo.
Advertising Fee
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
$300/mo.
Year Founded
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
2016
Year Franchised
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
2016
Term Of Agreement
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
-
Renewal Fee
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
-


Business Experience Requirements

Experience
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
American Lenders Service Company Franchise
-/-
Motto Mortgage Franchise
Yes/-
Start-up Costs
American Lenders Service Company Franchise
-/-
Motto Mortgage Franchise
-/-
Equipment
American Lenders Service Company Franchise
-/-
Motto Mortgage Franchise
-/-
Inventory
American Lenders Service Company Franchise
-/-
Motto Mortgage Franchise
-/-
Receivables
American Lenders Service Company Franchise
-/-
Motto Mortgage Franchise
-/-
Payroll
American Lenders Service Company Franchise
-/-
Motto Mortgage Franchise
-/-

Training & Support

Training
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
On-The-Job Training: Varies Classroom Training: 20 hours
Support
American Lenders Service Company 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
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
-

Expansion Plans

US Expansion
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
Yes
Canada Expansion
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
-
International Expansion
American Lenders Service Company Franchise
-
Motto Mortgage Franchise
-

Company Overviews

About American Lenders Service Company

American Lenders Service Company is the leading provider of collateral recovery services. We are capable of servicing and skip-tracing a lender’s loan account in  default regardless of the whereabouts of the collateral. We also deal with repossession, investigations, and remarketing. To qualify for a franchise you need a minimum net worth of $50,000 and at least grade 12 education. You must also have no criminal record and a clean driving record. You also need to have money management and business skills, good communication skills, a basic knowledge of the automotive industry and mechanical equipment.






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.