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the maverick is the Mossberg' budget line normally the maverick does not have not quite as good a finish as the Mossberg
Both guns are built by the same manufacture. Maverick is owned by Mossberg. There is not much difference in them other than the fit and finish. mossberg 500 have a better fit and finish and are available in camo as well. They are both built the same, same rail and slide system and same choke tubes as well. Like I said they are owned by the same company. All maverick is a cheaper model of a Mossberg 500. Hope this helps.
I forgot to mention that the maverick has a crossbolt safety on the front side of the trigger assembly while Mossberg safety (sliding) is on the tang of the receiver
The Mossberg 500 is the heavier duty "Big Brother" and the Maverick is the almost as tough "Little Brother".
I have the Maverick in 12ga and as mentioned above they are about the same. The Maverick is a great value and uses the same barrels as the Mossberg. I have one with a Knoxx stock (recoil absorbing) and a 18" barrel and have shot a few hundred rounds through it with no problems. It's a good gun. If you want to save a little money do not hesistate.