As the first national mortgage brokerage franchise in the U.S., Motto Mortgage was established late October 2016 and sold 50 franchises in its inaugural year in business.
FHA insurance allows homebuyers to finance approximately 96.5% of the value of their home purchased with their FHA mortgage.. THONOTOSASSA. Palm Springs village FHA Loans palm coast florida fha mortgage loans are backed by the FHA which is short for the Federal Housing Administration. BROWARD COUNTY – Robert Aronfeld and Victoria Freeman have.
Motto Mortgage Gains Momentum With 100 Franchises Sold Mortgage Masters Group When Buy-Ups Make Sense. Again, using the example above, the original mortgage rate of 4.5 percent yields a monthly payment of about $507. With the 2.5-point buy-up, that monthly rate jumps more than 7 percent, to $544.
Gain on sale of loans decreased. or just expectations for growth at the combined franchise that jumped in, because if I doubled that $8 million against $16 million. Yes, we feel very good about.
Revenue. RE/MAX generated total revenue of $44.4 million for the fourth quarter of 2016, a $1.1 million or 2.7% increase compared to $43.3 million in the fourth quarter of 2015, primarily due to agent count growth in the U.S. and Canada, rate increases in the Company-owned regions and acquisitions of previously independent regions, partially offset by the sale of the Company-owned brokerages.
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Motto Mortgage, the mortgage brokerage franchise member of the RE/MAX Holdings, Inc. family of brands, has begun offering franchise opportunities in Indiana, North Dakota, Rhode Island, South.
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As we look ahead, the Michigan economy continues to gain strength and is being. like it was 10 years ago when Old Kent was sold at a third (ph) or something along those lines. Thank you Seth..
U.S. stocks appeared to run out of momentum, at least for the time being, after the the World Bank cut its global growth outlook. Citing a bitter winter in the U.S., a weaker outlook from emerging.
at a valuation of $527.2 million for a 100% interest in the assets. Net proceeds from the sale will be used to reduce outstanding debt and create liquidity for future investments. The GTA JV Portfolio.