Vancouver, British Columbia · Member since 2017 · 24 posts · 5 votes
I'm interested in the loan and mortgage industry. I'm wondering how hard it is to get a job with a mortgage broker firm after getting a license. How's the mortgage industry doing in Canada? What's the job outlook like? Thanks!
Rental Property Investor · Toronto, Ontario · Member since 2017 · 5 posts · 3 votes
8y
Hi @Account Closed,
When you work for a brokerage, you pay all of your expenses and only receive commission income. Some brokerages even charge their agents a monthly desk fee. It should be fairly easy to get a job with a brokerage once you are licensed. From my experience, you just need to find a broker which you have a good personal fit and sell them on you being a good investment.
The mortgage industry is slowing, however, this should not prevent you from entering the industry. Your personal attitude and work ethic is much more important than the growth or contraction in the industry.