10 Best Mortgage Franchise Opportunities 2024

Are you thinking about owning a mortgage franchise but confused by looking at so many options? If yes, then congratulations, you have landed in the right place. As not every mortgage franchise is for you and owning and managing the franchise is not for everyone. So, here we present the 10 best mortgage franchise opportunities 2024.

10 Best Mortgage Franchise Opportunities

To give you an overview, a mortgage franchise acts as a middleman between the lender and the borrower. This middleman often negotiates the deals that a borrower can’t do.

However, the million-dollar question here is that among so many options for mortgage franchises how to choose the best one?

Therefore, in this article, we have compiled the information on the mortgage franchise that will help you make an informed decision.

10 Best Mortgage Franchise Opportunities

1. Motto Mortgage

Founded in2016
Franchising Since2016
Estimated Outlets237
Initial Investment$60,500-$89,550
Franchise Fees$35,000
Liquid CapitalN/A
Royalty Fees4.65k/month

Motto Mortgage is an innovative mortgage brokerage franchise that was founded in 2016 and began franchising in the same year. It was started by the parent organization, RE/MAX.

It is the first national brokerage mortgage franchise brand in the United States. The company has been ranked for straight 4 years from 2020-2023 in the Entrepreneur Magzine Franchise 500.

Motto Mortgage is the top franchise that you can own for under $100,000 and is the fastest-growing franchise that can help you become a successful franchisee owner.

2. The Loan Consultants Inc.

The Loan Consultants INC.
Founded in1983
Franchising Since1983
Estimated Outlets1
Initial Investment$13,800
Franchise FeesN/A
Liquid Capital$15,000 to $25,000
Royalty FeesN/A

The Loan Consultants Inc. is the oldest and largest company of its kind, providing successful financing to its clients. The company was founded in 1983 and started financing in the same year.

It has the largest loan broker network of more than 1,200 affiliate companies in the United States, Canada, and the United Kingdom.

Moreover, it has a system of free lifetime support to the affiliates as they believe the company believes that the responsibility to succeed does not stop with the training system and the material that it provides.

3. Weichert Real Estate Affiliates

10 Best Mortgage Franchise Opportunities- Weichert Real Estate Affiliates
Founded in1969
Franchising Since2000
Estimated Outlets467
Initial Investment$62,500-$326,200
Franchise Fees$25,000
Net Worth Required$150,000
Royalty Fees6%

Weichert Real Estate Affiliates, or Weichert Realtors, is a residential and commercial real estate franchisor founded in 1969. It is a family-owned and operated business of real estate.

It is headquartered in New Jersey and is one of the largest independent providers of real estate-related services in the country. The company also offers the services of mortgage, home and title insurance.

4. ERA Real Estate

ERA Real Estate
Founded in1971
Franchising Since1972
Estimated Outlets2,386
Initial Investment$27,350-$435,050
Franchise Fees$25,000
Liquid Capital$75,000
Royalty Fees6%

ERA Real Estate is a franchisor in the residential real estate industry. It offers services such as buying and selling homes, mortgage services, and home financing.

The company was started in 1971 and now is one of the leading residential franchise brokerage networks. This franchise is also among the 10 best real estate franchise opportunity to own.

To own this franchise, you require franchise fees of $25,000, liquid capital of $75,000, and a net worth of $150,000.

5. American Title Loans

American Title Loans
Founded in2006
Franchising Since2013
Estimated Outlets27
Initial Investment$253,294- $434,459
Franchise Fees$45,000
Liquid Capital$300,000
Royalty Fees5%

American Title Loans is a loan broker franchise which was founded in 2006 and started franchising in 2013.

It works to provide highly competitive service while treating each and every customer with utmost respect. The company has its head office in Salt Lake City, Utah.

To own this franchise you need liquid capital of $300,000 and franchise fees of $45,000.


Founded in1973
Franchising Since1975
Estimated Outlets9,111
Initial Investment$43,000-$289,500
Franchise Fees$17,500-$39,000
Liquid Capital$35,000
Royalty Fees1.0% of revenue

RE/MAX is one of the world’s largest and most successful networks of Real Estate Brokerage. It was started in 1973, and since then, it has been breaking new ground.

The company had a network of 93,000 agents on the day of its IPO, but currently, it has grown into a global force of 140,000 real estate professionals. It has been operating in 110 countries and territories.

Along with offering real estate and home loan services, it also Motto Mortgage in the year 2016 which also helps the customers to get competitive franchising options.

7. Vernon Street Capital

10 Best Mortgage Franchise Opportunities- Vernon Street Capital
Founded in2008
Franchising Since2009
Estimated Outlets
Initial Investment$5,995
Franchise FeesN/A
Liquid Capital$10,000
Royalty FeesN/A

Vernon Street Capital is a full service financial company that offer an extensive portfolio of products and services. The company was started in the year 2008 and started franchisig in 2009.

The main of Vernon Strret Capital is to provide training, support and funding to the franchisees that will help grow into a successful financial business.

To own this franchise you need a liquid capital of $10,000 and initial investment of $5,995 with no royalty fees and franchise fees.

8. Ace Cash Express Inc.

Ace Cash Express Inc.
Founded in1968
Franchising Since1996
Estimated Outlets850+
Initial Investment$141,632- $279,100
Franchise Fees$15,000
Liquid Capital$250,000
Royalty Fees6%

Ace Cash Express Inc. is the leading retailer of financial services which was founded in th year 1968. Till now it has more than 850 location across the United States.

The company’s financials services includes, bill payment, short-term consumer loan, and prepaid debit card services.

Ace Cash Express has its headquarters located in Irving, Texas and has served over 380 million customers that’s over 11,500 customers every hour.

9. Interface Financial Group

10 Best Mortgage Franchise Opportunities- Interface Financial Group
Founded in1972
Franchising Since1990
Estimated Outlets119
Initial InvestmentLess Than $100k
Franchise Fees$34,500
Liquid Capital$400,000
Royalty Fees8%

The Interface Financial Group is a group which incorporates the power of technology to provide working capital solutions to its clients. The company works in B2B system.

It started in the year 1972 and has a management team with 40+ years of combined financial service experience. Moreover, it works to provide its franchisees with a proven system through training and risk management programs.

10. Smartline

Founded in1999
Franchising Since2000
Estimated Outlets315
Initial Investment$13,000 + $6,000 mentoring + Operating Capital
Franchise Fees$100 per month after initial 12 months
Liquid Capital
Royalty FeesN/A

Smartline provides mortgage broakrage services since 1999. It offers home loans, home insurance, mortgage broakrage, commercial and other types of loans.

To own this franchise you need initial investment of $100 per month after initial 12 months and no royalty fees is required to be paid.

When Should You Choose A Mortgage Franchise?

Now that you know the 10 best mortgage franchises to own, the process of selecting the best one becomes uncomplicated. However, one more question that might have crossed your mind is when to choose a mortgage franchise.

If yes, then here are a few points that you should consider while choosing the mortgage franchise:

1. Your Personality And Skillset

Owning a franchise comes with an experienced franchisor, which, in most cases, helps you with setting up your franchisee. They also provide you with the necessary training and support to run the franchisee successfully.

However, before investing in a franchise, you should also get to know your personality and your capacity. So, you need to ask yourself whether you have the personality and skillset that matches the franchise opportunity.

2. Your Knowledge About Franchising

Franchising may seem easygoing as compared to a profitable limo business or any other business. However, not all the things in franchising will be taught to you by the franchisor. This is why having knowledge about a few franchising terms and what they mean is extremely important.

These franchising terms include a franchise disclosure agreement, terms and agreements of the franchising, etc.

3. The Passion For The Industry

Entering a franchise agreement is like entering a marriage. You have to make sure that you’ll hold an interest in running the franchise or the period of the term agreement.

This term agreement is of 10 years and sometimes even 15 to 20 years. So, it is important to think beforehand about what it will take if you own a mortgage franchise.

Factors To Consider Before Investing In A Mortgage Franchise

1. Training And Support

The very first thing to consider if you are new to the franchising industry is the training and support. You need to ask the franchisor about what kind of training and support you’ll be receiving.

Some franchisors might assist you with accessing and negotiating the location of your franchise, while some will only help with the necessary training required to run the franchisee.

2. Term Length

Term length is the duration for which the franchisor and the franchisee will conduct the franchise business. Typically, the term length of the franchise is 10 or 15 years, and after these terms, the franchisor can either renew or expire the agreement.

However, it is important to remember that if a franchisee is not performing well, then the franchisor has the right not to renew the franchise agreement once it expires.

3. All The Fees Associated

Unlike a business in which you invest the capital directly in the business, owning a franchise requires you to pay the amount directly to the franchisor.

So, make sure that you know all the costs and fees associated with owning the franchise. These costs include royalty fees, initial investment, liquid capital, franchise fees, and many more.

Comparison Of Top 5 Best Mortgage Franchise

Company NameMotto MortgageThe Loan Consultant Inc. Weichert Real Estate AffiliatesERA Real EstateAmerican Title Loans
Outlets 23714672,38627
Franchise Fee $35,000N/A$25,000$25,000$45,000
Initial Investment $60k-$89k$15,000-$25,000$62,500-$326,200$27,350-$435,050$253k- $434k
Royalty FeeVariesN/A6%6%5%


Owning a mortgage franchise might seems easy but it requires you to choose the best one among the best. And when there are so many options available in the market, it becomes really challenging to choose one.

We hope this article has provided every insight on 10 best mortgage franchise opportunities 2024 and helped you to choose the best.


Is it hard to be a succesfull mortgage broker?

Yes, being a mortgage broker is quite challenging. The more clients you’ll take, the more money you’ll make and the busier you will get. And it’s easy not to get opportunities if you are not at the top of the industry.

Which is the cheapest mortgage franchise?

According to our top 5 picks, the cheapest franchise is The Loan Consultant Inc., which only requires an initial investment of $15,000-$25,000 with no franchise fees and royalty fees to be paid.

How much does a mortgage franchise cost?

The cost to open a franchise varies in the range between $15,000 and

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