$55,000 - Financing available
.5% of total loan volume originated
A franchise provides an opportunity to buy into an existing, successful business model that has a proven track record, a successful training program, a solid supply chain, and expert technical support. Some of the best-known franchises have impressive success rates, with low chances of failure.
Your income potential as a Ameristate Mortgage Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Owning a franchise has several advantages such as:
When you purchase a franchise, you are buying an established concept that has been successful. Statistics show that franchises have a much better chance of success than independent start-up businesses.
Franchise owners receive valuable assistance throughout the life of their business. Many franchises are, in fact, turnkey operations. When you buy a franchise, you receive all of the equipment, supplies, and instruction needed to start your business. In many cases, you receive ongoing training and help with management and marketing. For example, your franchise will reap the benefit of the parent company's national marketing campaigns.
Your franchise will benefit from the collective buying power of the parent company, which passes on the savings to franchisees. Thus, inventory and supplies cost less for a franchise than for an independent company.
Many well-known franchises have national brand-name recognition. Owning a franchise is similar to buying a business with built-in loyal customers.
A franchise business can be immensely profitable. As expected, the most proven, popular franchises, such as McDonald's, tend to have much higher franchise costs but are more likely to generate high returns on investment (ROI).
When you open your Ameristate Mortgage Franchise you are automatically sign up with these wholesale lenders. One of the greatest challenge about opening a new mortgage company is getting sign up with new wholesale lenders since it takes a lot of time and great effort with the amount of paperwork filling out broker packages. Not to mentioned that when you are a new company trying to sing up with wholesale lenders they will require references of previous lenders that you have worked with closing loans and if you are new company just starting you might not have any references. This is one of the perks of owning an Ameristate Mortgage Franchise offered directly to you saving you time so that you can hit the grown running and focus your time in growing your new business.