Question 1

How much does it cost to open a Motto Mortgage franchise?

Accepted Answer

The total initial investment for a Motto Mortgage franchise ranges from $56K to $240K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Motto Mortgage franchise fee?

Accepted Answer

The initial franchise fee for Motto Mortgage is $35K.

Question 3

What are the net worth requirements for a Motto Mortgage franchise?

Accepted Answer

Net worth requirements for Motto Mortgage are specified in the Franchise Disclosure Document.

Question 4

Does Motto Mortgage require a personal guarantee?

Accepted Answer

Yes, Motto Mortgage requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a Motto Mortgage franchise?

Accepted Answer

Equipment costs for a Motto Mortgage franchise range from $2K to $2K. Initial inventory costs range from $500 to $500.