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Cambridge, Ontario · careers

Mortgage agent jobs in Cambridge

The short answer

Mortgage agent jobs in Cambridge are commission only, with no base salary. You need an Ontario mortgage agent licence from FSRA, and you can work remote or hybrid. We sponsor and train new agents, and welcome licensed agents who want to switch.

Mortgage Squad Advisors is where mortgage agents in Cambridge build a bigger book: $0 monthly fee for producers, live + virtual training, your own brand leads at full split plus house leads at 40/60, 100+ A/B/private lenders, and AI tools that do the busywork. FSRA Licensed #13737.

Manufacturing-driven; stable employer base and steady demand. For an agent in Waterloo Region, that’s real, fundable volume — and with our full A/B/private lender shelf you can place the files Cambridge actually has.

FSRA #13737| $0 fee for producers| 100+ lenders
Benchmark price
$666,400
Cambridge benchmark, 2026
Population
~140k
Waterloo Region
Lender shelf
100+
A · B · monoline · private
Your fee
$0
for producing agents
Cambridge market

The Cambridge market for mortgage agents

Cambridge's manufacturing base — and now a major EV-battery investment nearby — gives it a stable employer mix and steady demand across Galt, Preston and Hespeler. The older Galt core's character housing can introduce appraisal and insurability wrinkles that shape the financing.

The math in Cambridge

What a funded deal is worth in Cambridge

At Cambridge’s benchmark price of about $666,400, a typical 80% loan-to-value mortgage is roughly $533,000. Lender finder’s fees on a deal that size usually run $4,250–$5,850 (about 0.8–1.1% of the mortgage) — and as a producing Mortgage Squad agent you keep up to 100% of it.

Illustrative, based on the Waterloo Region benchmark selling price — your actual commission depends on the lender, the file and your split, and this is not a guarantee of earnings.

What our agents get

What do agents get when they join?

$0 fee for producers

No monthly desk fee for producing agents — your $150/mo is reimbursed when you fund $10M (or 15 deals) in a year.

Your leads + house leads

Leads you generate through your own brand and subdomain are 100% yours at your full split — plus house leads from our brokerage marketing at a 40/60 split on top.

Heavy training

Live and virtual sessions multiple times a week — underwriting, lender programs, and lead-gen.

Mentorship

A seasoned broker manager and team behind every file you submit.

100+ lenders

Full access to A, B, and private lenders — including the specialists most banks can't match.

AI + technology

Maya, our client-facing AI assistant, and Harvey, our back-office file tool, take the admin off your plate so you can spend your time with clients.

Free cards + headshots

Professional headshots and business cards to launch your personal brand.

Brand + lead-gen help

Marketing, lender presentations, and a special underwriting course to grow your book.

New to the industry?

How to become a mortgage agent in Cambridge

  1. 1. Complete the mortgage agent (Level 1) course approved by FSRA — Ontario’s mortgage regulator — and pass the licensing exam.
  2. 2. Get sponsored by a licensed brokerage — Mortgage Squad sponsors and onboards new agents in Cambridge.
  3. 3. Complete our onboarding + training, get your lender codes, and start writing deals with mentorship behind you.

Careers FAQ — Cambridge

Questions about joining? Explore careers or call (905) 553-8550.

Do mortgage agent jobs in Cambridge pay a salary?+

Mortgage agent jobs in Cambridge are commission only, with no base salary. You need an Ontario mortgage agent licence from FSRA, and you can work remote or hybrid. We sponsor and train new agents, and welcome licensed agents who want to switch.

How do I become a mortgage agent in Cambridge?+

In Ontario, you complete the FSRA-approved mortgage agent (Level 1) course, pass the exam, and get sponsored by a licensed brokerage. Mortgage Squad Advisors (FSRA #13737) sponsors and trains new agents in Cambridge — we'll walk you through licensing end to end.

What does it cost to join Mortgage Squad in Cambridge?+

There is no monthly fee for producing agents. The $150/month is fully reimbursed once you fund $10 million (or complete 15 funded deals) in a calendar year — so for active agents it's effectively $0. No franchise or desk fees.

Do you provide leads to agents in Cambridge?+

Yes — two ways. Leads you generate through your own brand and subdomain are 100% yours at your full split. On top of that, we hand you house leads from our own brokerage marketing at a 40/60 split (you/brokerage) — extra deals you wouldn't otherwise have, never distributed by seniority. We also help you generate your own through marketing, your personal brand, and lender presentations.

Can I switch my brokerage to Mortgage Squad in Cambridge?+

Yes — many of our agents transferred from other brokerages. We make the move in Cambridge simple: FSRA licensing transfer, lender re-papering, and onboarding are handled for you, usually within days.

What training and support do new agents get?+

Live + virtual training multiple times a week, one-on-one mentorship, a dedicated underwriting course, lead-generation coaching, and 24/7 communication. New agents in Cambridge are never on their own.

What lenders will I have access to?+

Our full network of 100+ lenders — the big banks, monoline A-lenders, credit unions, alternative/B-lenders, and private/MIC lenders — so you can place Cambridge files most brokerages would have to turn away.

Is Mortgage Squad licensed in Ontario?+

Yes. Mortgage Squad Advisors holds FSRA Brokerage Licence #13737, and every agent we sponsor is licensed by FSRA and FINTRAC-trained.

Careers in other Ontario markets

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Build your mortgage career in Cambridge.

Newly licensed or switching brokerages — let's talk. No pressure, just a real conversation about your growth.