Motion Loan acquires Awesome Fee Loan of New England

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South Carolina-based Motion Loan has received the brokerage Awesome Fee Loan of New England to amplify operations within the area, the corporate introduced. It didn’t expose the deal phrases.

Awesome Fee, founded in North Andover, Mass., was once based in 2014 and grew to turn out to be the biggest loan brokerage in New England, with a gross sales quantity of $412 million previously yr. Awesome Fee chief Matt Rasetta will sign up for Motion in conjunction with his body of workers of 48 to serve homebuyers and actual property brokers within the Larger Boston space.

The corporate was once first established in Rhode Island. Earlier than the maintain Awesome Fee Loan, Motion hired 200 people and produced an annual quantity of $1.6 billion within the space, the corporate mentioned.  


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