Nectar Mortgages vs Motto Mortgage Franchise Comparison

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

Start-Up Costs and Fees

 
Nectar Mortgages Franchise
Motto Mortgage Franchise
Investment $100,000 - And Up $52,800 - $73,800
Franchise Fee N/A $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

 
Nectar Mortgages Franchise
Motto Mortgage Franchise
Experience - -

Financing Options

 
Nectar Mortgages Franchise
Motto Mortgage Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- Yes/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Nectar Mortgages 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

 
Nectar Mortgages Franchise
Motto Mortgage Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion Yes -

Start-Up Costs and Fees Mobile

Investment
Nectar Mortgages Franchise
$100,000 - And Up
Motto Mortgage Franchise
$52,800 - $73,800
Franchise Fee
Nectar Mortgages Franchise
N/A
Motto Mortgage Franchise
$25,000 - $26,500
Royalty Fee
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
$4.5K/mo.
Advertising Fee
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
$300/mo.
Year Founded
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
2016
Year Franchised
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
2016
Term Of Agreement
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
-
Renewal Fee
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
-


Business Experience Requirements

Experience
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Nectar Mortgages Franchise
-/-
Motto Mortgage Franchise
Yes/-
Start-up Costs
Nectar Mortgages Franchise
-/-
Motto Mortgage Franchise
-/-
Equipment
Nectar Mortgages Franchise
-/-
Motto Mortgage Franchise
-/-
Inventory
Nectar Mortgages Franchise
-/-
Motto Mortgage Franchise
-/-
Receivables
Nectar Mortgages Franchise
-/-
Motto Mortgage Franchise
-/-
Payroll
Nectar Mortgages Franchise
-/-
Motto Mortgage Franchise
-/-

Training & Support

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

Expansion Plans

US Expansion
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
Yes
Canada Expansion
Nectar Mortgages Franchise
-
Motto Mortgage Franchise
-
International Expansion
Nectar Mortgages Franchise
Yes
Motto Mortgage Franchise
-

Company Overviews

About Nectar Mortgages

We want to be the #1 mortgage brokering business in Australia as judged by our most valued critics - our customers!

Our focus on delivering world-class customer service directs everything we do at Nectar, and since launching in 2013, we’re proud to have helped thousands of satisfied customers across Australia achieve fantastic financial outcomes.


Nectar exists because we believe that there's a better way of doing mortgage brokering. Most mortgage brokers are part of a group, but they tend to think and act independently. This means the actual experience you'll have from broker to broker varies enormously, even if they present you with the same options. At Nectar we believe that customers should not only get the right loan for them, but have a consistently great experience regardless of the broker. We call this 'The Nectar way'. With a Nectar broker working for you, you can expect: *Great service and support every step of the way - not just during the application process, but as long as you have a mortgage *A streamlined approach to the application process *Help completing the required documentation *All this - at no cost for our services

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.