The Mortgage Squad Advisors Commission Blueprint

This is a blueprint for licensed and aspiring mortgage agents considering Mortgage Squad Advisors (FSRA #13737). It exists because most brokerages keep their numbers vague until you are sitting across the desk. We do the opposite: our splits are published, tiered, and the same for everyone. There are no back-room negotiations and no special deals reserved for whoever asked the loudest.

Read it as a transparent map of how you get paid here, how the cost of the platform disappears as you grow, and how a serious producer can reach a 100% split. Every dollar figure shown later is an illustrative calculation, not a record of what any agent has earned, and it is computed in the open so you can run your own numbers.

Your split is set by your funded volume in a calendar year. As you produce more, you keep more. The tiers are fixed and public:

• Training - 60%: the starting tier for new agents while our Broker Manager works every deal with you; the monthly platform fee is waived on this tier.
• Standard (below $10M) - 80%: the working tier for agents building a pipeline. Experienced agents start here from day one.
• Silver ($10M-$20M) - 85%: for agents with a steady, repeatable flow of deals.
• Gold ($20M-$30M) - 90%: serious full-time producers.
• Platinum ($30M-$50M) - 95%: top-of-market performers.
• Legend ($50M+) - 100%: you keep the entire lender finder fee.

The same table applies to every agent in the brokerage. There is nothing to negotiate, because the schedule is the offer.

The tiers are designed to stack as your annual volume climbs. You do not stay frozen at your entry split for the year. As your funded volume crosses each threshold, your split moves up to match the tier you have reached.

Once you reach a tier, it locks in for the rest of the calendar year, so a quiet quarter after a strong one does not drop you back down. Prior production counts toward your starting tier when you bring evidence of it. Your commission agreement sets out exactly how each deal is paid as you move up.

This is the core idea behind the blueprint: the better you do, the larger the share you keep, all the way to 100% at the Legend tier.

There is exactly one $150/month platform fee (waived while you are on the training tier). That is it. No desk fees. No franchise royalties. No surprise charges layered on top.

And the fee is built to vanish for producers. Once you fund $10M in volume (or 15 funded deals) in a calendar year, the platform fee is refunded in full. Reach the $10M Silver threshold and the cost of the platform effectively becomes zero for that year.

So the only ongoing cost is small, transparent, and self-eliminating the moment you become a meaningful producer.

If you are still becoming licensed, the cost of getting there should not be a wall. In Ontario, you need an FSRA licence to work as a Mortgage Agent Level 1: you complete an FSRA-approved Level 1 education program, are authorized (sponsored) by a licensed brokerage, and apply within two years of finishing the course. FSRA lists the new-application fee as $941, prorated by month¹. We pay back your qualifying course cost after 12 months with the brokerage and $10M funded in that time.

The structure is intentional: it rewards agents who commit and build here, rather than treating the course as a one-time signing perk. Spend your first year producing, and the cost of entry comes back to you.

Exact eligibility and the qualifying course details come from the office, so confirm specifics with us before you enroll.

Beyond your split, there are two ways to share in the upside of the business itself. Both are profit-sharing programs, and they reward two different kinds of contribution:

The Growth Plan rewards team building - bringing in and developing other agents who go on to produce. The Performance Plan rewards your own production - what you personally fund.

We deliberately do not publish percentages here, because the details come from the office and are set out properly when you qualify. We would rather say nothing than quote a number we cannot stand behind. Ask us directly and we will walk you through current eligibility.

The numbers below are illustrative arithmetic only, not an earnings claim and not the income of any real agent. Your actual commission depends on the deals you fund and varies by lender, product, and term. For simple math we assume a lender finder fee of 100 bps (1.0%) of funded volume; real finder fees can be lower. Figures are gross commission, before income tax and your own business expenses.

Take a producer who funds $20M in a year. Gross finder fees are $20M x 1.0% = $200,000. At the Gold ($20M-$30M) 90% split, the illustrative agent share of that gross is $200,000 x 90% = $180,000.

Because $20M is well past the $10M threshold, the $150/month platform fee is refunded in full, so it does not reduce the figure above. Again, this is a clean illustration at a single blended rate - real-world deals carry different finder fees by lender and product.

These figures are also illustrative arithmetic only, on the same assumed basis of 100 bps (1.0%) of funded volume, before tax and business expenses. This is a high-volume scenario, and actual commission varies by lender, product, and term.

A producer at $50M reaches the Legend ($50M+) 100% split. Gross finder fees are $50M x 1.0% = $500,000, and at a 100% split the illustrative agent share is the full $500,000 of gross commission.

The $150/month platform fee is long since refunded at this level, and there are no desk fees or franchise royalties to erode the number. This is the whole point of the blueprint: at the top tier, the brokerage takes nothing from your finder fee.

That is the entire commission structure: published, tiered, and the same for every agent, with a clear path from a 60% training split to a 100% Legend split, one small self-eliminating fee, course reimbursement, and two profit-sharing plans.

If this is the kind of transparency you want behind your name, apply confidentially and we will run your specific numbers, or model them yourself with the mortgage agent income calculator. You can also review the full commission page for the published details in one place.