For Agents · FSRA #13737

Mortgage Agent
Income Calculator —
your real take-home.

Many brokerages charge desk fees, monthly fees or franchise royalties on top of the split. Estimate your take-home on Mortgage Squad’s published 80%–100% tiers and compare it to your current deal.

FSRA licensed #13737
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How much would I take home as a mortgage agent?

ZERO desk fees ZERO franchise royalties $150/mo platform fee — refunded at $10M funded

Your numbers

Annual funded volume$12,000,000

Avg commission per deal0.90% (90 bps)

Lender finder fee — varies by lender and term; Often 80–100 bps on a 5-year fixed; enter your actual average.

Your current brokerage split70%

What you keep today, for the comparison below.

Their desk / monthly fee$150/mo

Many brokerages charge a desk or monthly fee on top of the split.

Silver tier · 85% split

Your take-home at Mortgage Squad

$91,800/yr

Your $150/month platform fee is fully refunded — you fund $10M+, so the platform is effectively free.

Mortgage Squad vs. other brokerage models

Same $108,000 gross

Mortgage Squad

$91,800

take-home / yr

85% · Silver

$0 — fee refunded

Your current brokerage

$73,800

take-home / yr

70% split

$1,800/yr desk/monthly

$18,000/yr less

Flat-fee "100%" shop

$102,600

take-home / yr

100% split

$5,400/yr (monthly + per-deal + E&O)

Best take-home for these inputs

$10,800/yr more

Illustrative October 2026 model, not a verified competitor fee schedule. Flat-fee shops can pay more per deal but may offer less lead generation or admin support. FSRA licensing, E&O, tax and other personal expenses are excluded from Mortgage Squad’s figure; confirm all costs in the written agreement. Competitor splits and fees vary by brokerage, and your commission varies with your productivity, lender and product mix. Adjust the sliders to model your own situation.

Published tier ladder

Model reviewed October 2026. The calculator applies the calendar-year funded-volume tier to the full annual volume; confirm effective dates and application in your written commission agreement.

Standard · Below $10M80%

Silver · $10–20M85%

Gold · $20–30M90%

Platinum · $30–50M95%

Legend · $50M+100%

Apply confidentially See the full tier table

Estimate only. New agents start at 60% during training with the Broker Manager on every deal; the tiers above are the ongoing volume-based splits. Full schedule →

How to use this calculator

Enter your funded volumeDial in your annual funded volume — or your target for this year. The calculator applies Mortgage Squad's published, volume-based commission tiers: 80% below $10M, scaling to 100% at $50M+.
Compare your current splitEnter your current brokerage split and monthly fees. The side-by-side comparison shows your take-home at each model — including whether our $150/month platform fee (refunded in full at $10M) changes the outcome.
Apply or book a conversationIf the numbers look better here, the next step is a confidential conversation — no obligation. We'll walk through your book, your goals, and whether we're the right fit before anything is signed.

Open to FSRA-licensed mortgage agents (Level 1 or 2) and new licensees. Licence sponsorship is with Mortgage Squad Advisors (Ontario) Inc., FSRA #13737. Confirm the current written fee schedule, including E&O, FSRA licensing and any per-deal costs, before applying.

FAQ

Common questions

How much do mortgage agents make in Canada?

Mortgage agents in Canada are usually paid commission, not a salary: income is funded volume × the lender's finder fee × your brokerage split. Finder fees vary by lender, product and term (often around 80–100 bps on a standard 5-year fixed). A new agent's first year is usually lean; established agents who fund $10M+ a year can earn well into six figures. Use the calculator above for your own numbers.

How is mortgage agent commission calculated?

Commission is roughly funded volume × the lender's finder fee (in basis points) × your commission split, minus any brokerage fees. For example, $9M funded at 100 bps is $90,000 in gross commission; at an 80% split that's $72,000 to you. The commission split and platform fee both affect the final number — the calculator models both.

What is a typical commission split at Mortgage Squad?

Mortgage Squad publishes fixed, volume-based tiers: 80% below $10M, rising to 100% at $50M+. There is one $150/month platform fee — refunded in full at $10 million or 15 funded deals in a year. New agents start at 60% during training, with the Broker Manager active on every deal.

Does the platform fee really get refunded?

Yes. There are no desk fees or franchise royalties — just the $150/month platform fee, refunded 100% at year-end to any agent who funds $10 million (or completes 15 funded deals) in the calendar year. At that point your entire platform — Maya, Harvey, your subdomain, training and mentorship — is effectively free. The fee is waived while you're on the 60% training tier.

Is the calculator a guarantee of income?

No. It's an estimate to show how volume and split drive take-home. Actual commission depends on the lender, product and term on each deal, and your income depends on the deals you actually fund. It's a planning tool, not a promise.

Want to talk about your split?

Ask us for the current written fee schedule and compare it with your deal. Every conversation is confidential.

Apply confidentially

Run these numbers against your city

Your take-home estimate is one input. The other is the local market you serve. Each city hub shows average prices, down payment thresholds and qualification income — so your volume targets connect to real demand.

Mortgage AgentIncome Calculator —your real take-home.

How much would I take home as a mortgage agent?

Your numbers

Mortgage Squad vs. other brokerage models

Common questions

Want to talk about your split?

Run these numbers against your city

Mortgage Agent
Income Calculator —
your real take-home.