Motto Mortgage vs The Loan Consultants Franchise Comparison

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

Start-Up Costs and Fees

 
Motto Mortgage Franchise
The Loan Consultants Franchise
Investment $52,800 - $73,800 $13,800
Franchise Fee $25,000 - $26,500 N/A
Royalty Fee $4.5K/mo. -
Advertising Fee $300/mo. -
Year Founded 2016 1983
Year Franchised 2016 1983
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Motto Mortgage Franchise
The Loan Consultants Franchise
Experience - -

Financing Options

 
Motto Mortgage Franchise
The Loan Consultants Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees Yes/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Motto Mortgage Franchise
The Loan Consultants 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

 
Motto Mortgage Franchise
The Loan Consultants Franchise
US Expansion Yes Yes
Canada Expansion - Yes
International Expansion - No

Start-Up Costs and Fees Mobile

Investment
Motto Mortgage Franchise
$52,800 - $73,800
The Loan Consultants Franchise
$13,800
Franchise Fee
Motto Mortgage Franchise
$25,000 - $26,500
The Loan Consultants Franchise
N/A
Royalty Fee
Motto Mortgage Franchise
$4.5K/mo.
The Loan Consultants Franchise
-
Advertising Fee
Motto Mortgage Franchise
$300/mo.
The Loan Consultants Franchise
-
Year Founded
Motto Mortgage Franchise
2016
The Loan Consultants Franchise
1983
Year Franchised
Motto Mortgage Franchise
2016
The Loan Consultants Franchise
1983
Term Of Agreement
Motto Mortgage Franchise
-
The Loan Consultants Franchise
-
Renewal Fee
Motto Mortgage Franchise
-
The Loan Consultants Franchise
-


Business Experience Requirements

Experience
Motto Mortgage Franchise
-
The Loan Consultants Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Motto Mortgage Franchise
Yes/-
The Loan Consultants Franchise
-/-
Start-up Costs
Motto Mortgage Franchise
-/-
The Loan Consultants Franchise
-/-
Equipment
Motto Mortgage Franchise
-/-
The Loan Consultants Franchise
-/-
Inventory
Motto Mortgage Franchise
-/-
The Loan Consultants Franchise
-/-
Receivables
Motto Mortgage Franchise
-/-
The Loan Consultants Franchise
-/-
Payroll
Motto Mortgage Franchise
-/-
The Loan Consultants Franchise
-/-

Training & Support

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

Expansion Plans

US Expansion
Motto Mortgage Franchise
Yes
The Loan Consultants Franchise
Yes
Canada Expansion
Motto Mortgage Franchise
-
The Loan Consultants Franchise
Yes
International Expansion
Motto Mortgage Franchise
-
The Loan Consultants Franchise
No

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

"Entrepreneur
#395 in Franchise 500 for 2020.
#147 in Franchise 500 for 2021.


About The Loan Consultants

"The

The Loan Consultants, Inc. will show you how to operate a professional and successful loan brokerage without the expensive offices and staff of salaried employees that drive up your overhead. This results of course, in lower operating costs and higher profits for you. Additionally, you will have the confidence of knowing you are offering the one product that everyone needs... money!
If your goal is to own your own successful business and independence for you and your family, The Loan Consultants, Inc. may be a rare and golden opportunity to make those goals a reality. Our status in the industry, our longevity in this business, and our reputation with our customers and funding sources are irrefutable proof that we know what we are doing. Our staff of highly trained, experienced and dedicated professionals take great pride in mentoring you to success.
If you are ready to begin earning Executive level income and are prepared to commit
yourself to making your own business successful, we'll provide all the expertise
and support to get you started and ensure you are successful every step of the way.