05 Nov
|
NXT Financial
|
Markham
05 Nov
NXT Financial
Markham
Currently licensed Mortgage Agents (Level 1 or 2) and Brokers only. You must already be registered with an Ontario brokerage. New or unlicensed agents won't be considered.
Licensed Mortgage Agent / Broker: Transfer to NXT Financial
Commission-based | Remote / Hybrid | Ontario (Markham head office)
Already producing, but feel your brokerage is taking too much or not supporting you enough? NXT Financial Inc. is a growing Markham brokerage built for experienced agents and brokers. We offer splits up to 95%, commissions paid every two weeks, and real underwriting help on complex files, so you can grow your book without growing your workload.
Why experienced agents move to NXT Financial:
- Splits that grow with your volume, from 60% up to 95%
- Commissions paid every other Friday, as soon as the lender pays us
- Underwriting and conditions support on your files
- Strong lender relationships and brand presence
- Scarlett, VERICO, Lender Spotlight, Penalty Mentor and Google Workspace included
- An independent contractor model where your book stays yours
- In-house Mortgage Investment Corporation for quick funding and custom loan opportunities
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% plus Volume Bonus
- $15M – $20M funded volume: 90% plus Volume Bonus
- $20M+ funded volume: 95% plus Volume Bonus
✔ Commission tiers are based on previous calendar year funded volume with NXT
✔ Commissions are paid bi-weekly (Fridays) as received from lenders
✔ Desk Fee: $150/month flat,
which includes access to admin and underwriting support, office access, and all of the tools and resources as indicated above.
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 behind you
- Underwriting and conditions fulfillment
- Marketing and advertising materials from the brokerage
- FSRA-compliant systems, plus admin and compliance oversight
Who we're looking for
- An active FSRA Mortgage Agent Level 1, Level 2 or Mortgage Broker licence, and currently with a brokerage
- An existing pipeline or client base you manage yourself
- Strong client relationship and communication skills
- A self-starter who takes compliance seriously
Bonus: our referral program
Once you join, refer other licensed agents and get up to 6 months of desk fees waived for each one who joins.
Work structure
Independent contractor, remote or hybrid flexibility, and no cap on your income.
Interested? Apply with your licence number and years licensed, and we'll set up a confidential 20-minute call to see if NXT is the right fit for you.
NXT Financial Inc. · #201 – 340 Ferrier Street, Markham, ON L3R 2Z5
Job Types: Full-time, Part time
Pay: Up to $275,000.00 per year
Application question(s):
- Are you currently registered with a mortgage brokerage in Ontario?
- Do you currently hold an active FSRA Mortgage Agent Level 1/2 or Broker licence?
Work Location: Hybrid remote in Markham, ON
📌 Licensed Mortgage Agent / Broker – Up to 95% Split (Markham)
🏢 NXT Financial
📍 Markham