What would you actually take home?

There's no salary — income is commission on the deals you fund. It's driven by your annual funded volume, the lender finder fee (roughly 100 bps on a typical 5-year), and your brokerage split. A new agent's first year is usually lean; established agents who fund $10M+ a year can earn well into six figures. Use the calculator above for your own numbers, and see the salary and income breakdown for detail.

Roughly: funded volume × the lender's finder fee (in basis points) × your commission split, minus any brokerage fees. For example, $10M funded at 100 bps is $100,000 in gross commission; at an 80% split that's $80,000 to you. The commission splits guide walks through the math.

It varies widely by brokerage and is often clouded by desk fees, monthly fees, and franchise royalties. Mortgage Squad publishes fixed, volume-based tiers — 80% up to $10M, rising to 100% at $50M+ — with one $100/month platform fee that's refunded in full at $5M+ funded. New agents start at 60% during training, with the Broker Manager on every deal.

Yes. There are no desk fees or franchise royalties — just one $100/month platform fee, and we refund 100% of it at year-end to any agent who funds $5 million or more in the calendar year. At that point your entire platform — Maya, Finn, your subdomain, training and mentorship — is effectively free.

No — it's an estimate to show how volume and split drive take-home. Actual commission depends on the lender, product and term on each deal, and your income depends on the deals you actually fund. It's a planning tool, not a promise.