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How much money can a mortgage agent make in Oakville Ontario?

 
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anonymous


What is the best mortgage firm to work for in Oakville?
0     In Mortgage Cont.20

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    Level 5 - Scholar
    mortgagepro
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    "Have 5 clients purchasing homes with 160,000 mortgage each you would earn 6400 in..."



    It all depends how many mortgages you can close every month. You can earn approx. 800$ for every 100,000 dollars mortgage issued. So if you have 5 clients purchasing homes with 160,000 mortgage each you would earn 6400 in commissions.

    This answer closely relates to:
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    Anonymous
    actually it has changed a bit it is now about 700 per 100,000 plus there are other costs to it the average house in brampton or mississauga is about 300-400 thousand that means that if you close 5 houses i will use a figure of 300,000 per home you make about 2100 per house and for 5 thats like 10,500

    This answer closely relates to:
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