Motto Mortgage Ranked in Top 150 on the 2021 Entrepreneur Magazine Franchise 500
Mortgage Brokerage Franchise Also Ranked 1st in Miscellaneous Financial Services Category
February 03, 2021 // Franchising.com // DENVER - The Motto Mortgage® brand has been named to Entrepreneur magazine’s 42nd annual Franchise 500® list, ranking #147 overall and first in the Miscellaneous Financial Services category. Placement in the Franchise 500 is a highly sought-after honor in the franchise industry. This is the second year in a row that Motto Mortgage has been included in the comprehensive Franchise 500 ranking; in 2020 the brand was ranked at #395. Motto Mortgage has been recognized by Entrepreneur for numerous other awards, including Fastest-Growing-Franchises1 as well as a Top New franchise brand2.
“Ranking #147 overall on the illustrious Entrepreneur magazine 2021 Franchise 500 list and first in the Miscellaneous Financial Services category is a remarkable distinction,” said Ward Morrison, president, Motto Franchising, LLC. “The incredible gain in our ranking by almost 250 spots year-over-year, especially as a four-year startup, is a testament to the power of the Motto Mortgage brand as a franchise opportunity.”
Established in late 2016 as the first national mortgage brokerage franchise in the U.S., the Motto Mortgage brand has showcased fast-paced growth and recently celebrated their best stretch of annual franchise sales ever. The brand has more than 125 offices open in over 30 states.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” says Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
Entrepreneur published its latest Franchise 500 list in its January/ February 2021 issue. Both the overall and category ranking are based on an analysis of data, including costs and fees, support, size and growth, brand strength, and financial strength and stability, from franchise disclosure and related documents dated August 2019 to July 2020 of 1,116 participating franchise systems which included three systems in the Miscellaneous Financial Services category.
Motto Mortgage, a “mortgage brokerage in a box,” offers small business owners a meaningful way to diversify their revenue streams. The Motto Mortgage 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 and independent investors interested in financial services.
Each Motto Mortgage franchise is independently owned, operated, and licensed.
SOURCE Motto Mortgage
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances