New Motto Office Opens In West VA

Another Motto Mortgage office has opened in Wheeling, WV, the company announced in a press release.

Motto Mortgage Valor will now serve markets through West Virginia and Ohio, owned and operated by Michael Hough and Travis Broadwater. They bring a combined twenty years of experience to the office.

Razmine Rouse will serve as operations manager and an originator at the new location. Hough will also originate loans.

“Motto Mortgage Valor offers an advantageous alternative to the traditional mortgage bankers currently operating in the Ohio Valley,” Hough said.

“We provide the scope, scale, and support of a large retail lender while offering the flexibility, autonomy, and exceptional service of a local mortgage broker that knows how to navigate the intricacies of the home buying process in your market.”

This is the third new Motto location to open since the beginning of the month.

Each office is individually owned and operated. Motto, a brokerage franchiser, provides access to competitive loans from various wholesale lenders.

Despite declining buyer demand, the company hopes to eventually have more than 1,000 franchises, Ward Morrison, president and CEO of Motto Franchising, told RISMedia.

“We’ve sold over 300 franchises in our first six years. We have more than 200 open offices in 40 states, and our goal is to have 1,000 open offices,” he said.

“Whether that’s in three years, five years, or seven years, that’s still our goal: to have 1,000 independently owned and operated franchises throughout the country.”

UPDATE: Motto announced the opening of another office in Charlottesville, VA, just a day after advertising its Wheeling office.

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