Call Us Today! 1-877-996-6677

Want to apply for a mortgage? Apply Now


After surveying the mortgage brokerage landscape both in Canada and around the world, we were disappointed to find that all mortgage brokerage firm models fall into three basic categories; franchise models, investment/ownership models, or “value added” models.  None of these models has been particularly successful, as evidenced by all the broker movement back and forth between the different brokerages.

Therefore, we looked outside the mortgage brokerage industry for a better model.  We are extremely glad to say we found an exciting and very successful model that has been used for years in the insurance and real estate industries, improving the agents income and cash flow.  These models feature a profit sharing compensation model called Residual Income.

What is Residual Income?  Simply put, you get paid over and over again for doing a job once.  More specifically, you will earn a substantial bonus for every qualified mortgage broker you recruit into the Mortgage Managers team.


Earn more than 100% of Your Gross Commissions!!

Mortgage Managers’ single tier Residual Income profit sharing commission structure is unique to the Canadian Mortgage Brokerage industry.  By diversifying your income into multiple income streams you will earn a greater income and improve your monthly cash flow while securing income for your retirement and developing an income stream for your beneficiaries.

The more qualified brokers you sponsor into Mortgage Managers, the more you increase your residual income. Mortgage Managers pays out residual bonus checks as an on-going "thank you" for helping to build the company.  And, there is no limit on the amount you can earn through residuals.


How does it work?

10% Sponsoring Residuals
When a qualified broker is introduced to and recruited into Mortgage Managers, each transaction that they close generates a bonus that's equivalent to 10% of the gross commissions earned by the recruit, payable to the individual who sponsored them into the company. The bonus is paid via Mortgage Managers’ head office, and not subtracted from the new recruit's commissions. And, it continues for as long as the new recruit stays with Mortgage Managers and closes mortgages.

Not only does this help improve your cash flow, but it provides an income stream in the event you become sick or injured and are not able to broker mortgages yourself.  Or, if you want to take a vacation, you will continue to earn an income when your recruits’ close mortgages.

7% Retirement Residuals 
If a Mortgage Manager’s broker decides to retire from the mortgage broker business, a "retirement plan" is created from the sponsoring bonuses that he or she has established. Also, the retiring broker retains the privilege of enhancing this income stream while in retirement by continuing to sponsor qualified brokers into the company. 

5% Beneficiary Residuals 
The sponsoring bonuses you have created turn into a beneficiary residual providing added security for your family. 


How much does it cost?

No Franchise Fees
This is not a franchise model and therefore there are no expensive franchise fees.

Professional Fees
Mortgage Managers’ brokers are mortgage industry professionals and are therefore required to obtain and maintain at their cost:

  • Mortgage Brokers License per Provincial Legislation
  • CAAMP Membership or CMBA Memberhip
  • Errors & Omissions Insurance (available through Mortgage Managers)


How is Mortgage Managers better?

Mortgage Managers' model provides the financial benefits of having a team, without the challenges and difficulties associated with managing a team.

Mortgage Managers prides itself on providing many benefits to its brokers at no cost to help them grow their business.  These benefits include:

  1. New Responsive Corporate & Broker Website
  2. Unique Mortgage App for Smart Phones
  3. State of the Art, Mortgage Industry CRM Software System
  4. Unique Residual Income/Profit Sharing Compensation Model
  5. Life & Disability Insurance Programs
  6. Investment Programs
  7. Ongoing Training
  8. Payroll Services
  9. Compliance Services


How do I become a mortgage broker with Mortgage Managers?

Mortgage Managers’ brokers are ethical, experienced, local professionals.  In order to maintain this high standard, Mortgage Managers' recruiting due diligence is rigorous and thorough.  Should you qualify to become a Mortgage Managers broker, you can rest assured you are joining an elite team of like minded business people.

Unlike other brokerages that are only looking for volume, Mortgage Managers wants full-time brokers that are client focused, ethical, knowledgeable, professional, and last, but not least, team players.  If that sounds like you, we highly recommend you contact a Mortgage Managers broker near you to arrange an appointment to see how you can benefit from joining one of Canada’s fastest growing Mortgage Brokerages.

Or, you can e-mail your cover letter and resume to