Mortgage Agent - High Commission Split (Canada)

Mortgage Agent - High Commission Split (Canada)

05 Aug
|
NXT Financial
|
Canada

05 Aug

NXT Financial

Canada

*Must be either currently licensed with FSRA or have Mortgage Agent Level 1 or Level 2 Certificate either with REMIC, MPC, or CMBA or Near Completion of Course*

Mortgage Agent / Mortgage Broker

Commission-Based | Remote / Hybrid | Ontario

NXT Financial Inc. is expanding and actively seeking motivated Mortgage Agents and Mortgage Brokers to join our growing brokerage. Whether you’re newly licensed or an experienced producer, we offer a transparent commission structure, strong lender relationships, and the support you need to scale your business.

Why Join NXT Financial?

- Competitive, volume-based commission splits
- Bi-Weekly commission payouts
- Strong Underwriting & conditions support available
- Access to industry-leading systems and software
- Strong brand presence and lender relationships
- Independent contractor model – build your own book

Compensation & Commission Structure Agent-Originated Deals

- First 3 funded deals: 60%
- $0 – $2.5M funded volume: 75%
- $2.5M – $10M funded volume: 80%
- $10M – $15M funded volume: 85% + Volume Bonus (if applicable)
- $15M – $20M funded volume: 90% + Volume Bonus (if applicable)
- $20M+ funded volume: 95% + Volume Bonus (if applicable)

✔ Commission tiers are based on previous calendar year funded volume with NXT
✔ Commissions are paid bi-weekly (Friday) as received from lenders

Volume Bonus (VB) Opportunity





Certain lenders pay annual or per-file Volume Bonuses. When eligible:

- 80% to Agent / 20% to Brokerage
- Minimum lender-paid bonus of 5 bps required
- Must fund $10M+ personal volume annually
- Agent must be licensed, active, and in good standing at payout
- Paid when lender remits bonus to NXT Financial

Support & Resources

- Underwriting & conditions fulfillment support up to $5M funded volume
- Access to Scarlett, VERICO, Lender Spotlight, Google Suite, payroll systems
- Brokerage-provided marketing and advertising materials
- FSRA-compliant systems and processes
- Administrative and compliance oversight

What We’re Looking For

- Licensed Mortgage Agent Level 1, Level 2, or Mortgage Broker (FSRA)
- Strong communication and client relationship skills
- Self-motivated and entrepreneurial mindset
- Commitment to compliance and best practices
- Ability to manage your own pipeline and follow up on commissions

Work Structure

- Independent Contractor role
- Remote / hybrid flexibility
- No salary cap — income tied directly to your production

Brokerage Location:
NXT Financial Inc.
#201 – 340 Ferrier Street
Markham, ON L3R 2Z5

Job Types: Full time, Part-time

Pay: $37,000.00-$300,000.00 per year

Expected hours: 20.0 – 40.0 per week

Work Location: Hybrid remote in Toronto, ON (Toronto District)

📌 Mortgage Agent - High Commission Split (Canada)
🏢 NXT Financial
📍 Canada

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