Canada Mortgage & Financial Group goal is to work with agents that wants to invest in themselves and grow in the mortgage industry. We will provide full time underwriting, office use, administration, compliance, HR service, quarterly group training, daily in office one on one training, access to lending resources, discounted brokers rate, ongoing update on industry changes, CRM program, marketing tools at NO COST.
The tiers below are not in the preference of any particular agent or broker as we believe in being transparent and reward each agent/broker accordingly.
Commission split structure on funded “residential” transactions – A/B lenders
- Tier 1: up $2 million – 50/50
- Tier 2: up to $5 million – 70/30
- Tier 3: up to $10 million – 80/20
- Tier 4: up to $25 million – 90/10
- Tier 5: $25 million plus – 90/10 plus 50/50 volume bonus
Commission split structure on funded “commercial” transactions – A/B lenders
- Tier 1: up to $10 million – 50/50
- Tier 2: up to $25 million – 70/30
- Tier 3: up to $30 million – 90/10
- Tier 4: Loan amount above $30 million – 90/10 plus 50/50 volume bonus
Own your Franchise today and build your own brand. Broker franchise offer on all transaction type
- Tier 1: 90/10 – monthly franchise fee of $500 (no volume bonus)
- Tier 2: 95/5 – monthly franchise fee of $750 (50/50 volume bonus)
- Tier 3: 100% – monthly franchise fee of $1000 plus 100% volume bonus with a $30 file fee for compliance
***We do not provide underwriting or office use at no expense for Franchise Model. There will be a fee should you require this service in addition to the above offer.
***Standard expense will apply on all offers such as but not limited to FSCO, E&O, Equifax, Filogix.
Contact our office at 647-494-9885 or email email@example.com