Ameristate Mortgage Franchise

How much does it cost to open an Ameristate Mortgage Franchise?

The estimated investment required to open a Ameristate Mortgage Franchise is between $5,000-$15,000. There is an initial franchise fee of $55,000 which grants you the license to run a business under the Ameristate Mortgage name.

Individual Unit Costs

  • Initial Investment:

    $5,000-$15,000

  • Initial Franchise Fee:

    $55,000 - Financing available

  • Royalty Fee:

    .5% of total loan volume originated

  • Advertising Fee:

    Zero

Financial Requirements

  • Initial Investment ⓘ
    $5,000-$15,000

Ongoing Fees

  • Initial Franchise Fee ⓘ
    $55,000
  • Ongoing Royalty Fee
    5% of total loan volume originated

What is a Franchise?

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.

About

  • Founded
    2005
  • Franchising Since
    New
  • Corporate Address
    .
  • CEO
    Marisol Nunez-Mendez
  • President
    Estevan Mendez
  • Parent Company
    Ameristate Realty & Mortgage LC

Financing Options

Ameristate Mortgage offers in-house financing to cover the following: franchise fee
ExpenseIn-HouseThird Party
Franchise Fee
YES
N/A
Startup Costs
N/A
N/A
Equipment
N/A
N/A
Inventory
N/A
N/A
Accounts Receivable
N/A
N/A
Payroll
N/A
N/A

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.

Advantages of Owning a Franchise

Owning a franchise has several advantages such as:

  • Low failure rate:

    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.

  • Business assistance:

    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.

  • Buying power:

    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.

  • Star power:

    Many well-known franchises have national brand-name recognition. Owning a franchise is similar to buying a business with built-in loyal customers.

  • Profits:

    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).

Wholesale Lenders

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.

Training

  • On-The-Job Training: Varies
  • Classroom Training: 30 hours

Support

  • Purchasing Co-ops
  • Newsletter
  • Meetings/Conventions
  • Toll-Free Line
  • Grand Opening
  • Online Support
  • Security/Safety Procedures
  • Field Operations
  • Proprietary Software
  • Franchisee Intranet Platform

Marketing

  • Co-op Advertising
  • Ad Templates
  • Regional Advertising
  • Social media
  • SEO
  • Website development
  • Email marketing

Contact Us!

Please type your full name.

Please type your full name.

Invalid email address.

Invalid Input, only numbers

Invalid Input

Invalid Input

Ameristate Mortgage Broker Down Payment assistance programs available

©2018 AmeriState Realty - The Mendez Team. All rights reserved
Web by LaraNet | www.laranet.net | Expand Your Business!