Mortgage agent jobs in North Bay
Mortgage agent jobs in North Bay 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 North Bay 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.
Government + transportation hub. Stable demand. For an agent in Northern ON, that’s real, fundable volume — and with our full A/B/private lender shelf you can place the files North Bay actually has.
The North Bay market for mortgage agents
North Bay's government, education and transportation employers give it stable, year-round demand and a dependable income base for lenders. Affordable detached pricing keeps it a first-time and relocation market where the deal usually turns on the down payment, not the price.
What a funded deal is worth in North Bay
At North Bay’s average price of about $462,561, a typical 80% loan-to-value mortgage is roughly $370,000. Lender finder’s fees on a deal that size usually run $2,950–$4,050 (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 Northern ON average selling price — your actual commission depends on the lender, the file and your split, and this is not a guarantee of earnings.
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.
How to become a mortgage agent in North Bay
- 1. Complete the mortgage agent (Level 1) course approved by FSRA — Ontario’s mortgage regulator — and pass the licensing exam.
- 2. Get sponsored by a licensed brokerage — Mortgage Squad sponsors and onboards new agents in North Bay.
- 3. Complete our onboarding + training, get your lender codes, and start writing deals with mentorship behind you.
Careers FAQ — North Bay
Questions about joining? Explore careers or call (905) 553-8550.
Do mortgage agent jobs in North Bay pay a salary?+
Mortgage agent jobs in North Bay 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 North Bay?+
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 North Bay — we'll walk you through licensing end to end.
What does it cost to join Mortgage Squad in North Bay?+
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 North Bay?+
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 North Bay?+
Yes — many of our agents transferred from other brokerages. We make the move in North Bay 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 North Bay 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 North Bay 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
All careers →Build your mortgage career in North Bay.
Newly licensed or switching brokerages — let's talk. No pressure, just a real conversation about your growth.