How to become a Mortgage Agent in Canada! Worth it? 💴

In this video, we talk about being a Mortgage Agent:
0:00 Introduction
0:57 What do mortgage agents do?
04:22 How much do mortgage agents earn?
06:58 How to become a mortgage agent (process)?
09:46 How to choose a brokerage?
13:14 Is it worth it?
16:03 Can you do it parttime?
18:00 Parents reaction!
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[@pushkar703]

Thankyou so much for this video.. Was actually waiting for this video from very long.

[@Potatotalkies]

👏👏

[@anshulbahal7226]

Agree with you, so resonate with your thought of guiding people.

[@ManaCanadaBro]

You guys are amazingly inspiring ❤.. A quick question: which one would be a better option: becoming a Realtor or Mortgage agent?

[@anildaita]

Very good detailed video Nav. Fellow mortgage agent here.. you social media following is a BIG plus for you.. otherwise, it’s very very very very tough to get clients and retain them with trust.. My sincere advice to others with no network is to never quit full time job to become a mortgage agent!!

[@Potatotalkies]

I agree… 👏 it’s 3 years of work in social media and then I quit my job.

[@imdad0]

Great video Nav

[@ankurperiwal9704]

Great vid!

[@dushyantgupta11]

Nav, m a serious believer and follower of your Analysis and research skills. For all those who are vomiting their frustration, do something better in life else unfollow and F off. Until you try u will remain at the same place. Time might not be good or as planned what matters is the will and zeal to follow ur instincts 🎉💐

[@deepkalra3295]

Wow congratulations !! May u touch d skies 👍👍

[@Potatotalkies]

👏👏👏

[@REVIEWSONTHERUN]

Interesting! Nice video!✌️

[@NeerajCanada]

Hi Nav, thanks for making the video. I have a Q for you as you said that part time is possible but let’s say if I have done study joined a brokerage to have my license so by having a 9-5 job how do I go and meet and crack my first deal like I’ll be only free on evenings and weekends

[@daphneymariaandrade2864]

Very encouraging video Navjot

[@the_matthewshantz]

Great video Nav!

[@Potatotalkies]

Thanks 😊

[@rohanutep81]

Hi Navjot, kindly provide tips and make a video for part time mortgage agents and brokerages who have a full time job.

[@getgoingwithshilpi]

Congrats to you . I think it will be better if it is more simpler to understand . Thanks

[@lokeshbhardwaj5146]

one of the DLC Brokerage asked me to sign a one year contract and they split 50-50 from 95% of the commission as 5% commission always go to DLC directly. so my question is, does DLC asked for a one year contract and what about this 5% commission?

[@hungry_biker]

sir, what camera and mic setup do you use to make the video?

[@chiraggrover3456]

Good video bro 🙏🏻

[@AnantChaudhry]

Navjot good to see u grow n still being honest. I remember u came to Canada at start of winter's n living in basement. U made ur spouse also grow with u. Stay honest n humble as always.

[@Potatotalkies]

Thanks 😊

[@irfanmahmood4684]

Is there is any age limit to become mortgage broker or real estate agent & what should your status in canada.

[@kkjain3336]

Is there any minimum business Needed to Make to keep mortgage agent ? Or even if you make 1 deal in 3 years you will get paid ?

[@rohitd98]

I saw ads when banks directly hire motgage agents is it safe for someone those who dont have any following,because we can use the banks brand name

[@VarunKumar-st5kf]

Sir can you make a detailed analysis explained step by step video on how to buy our first house as we all love your analysis and style of teaching. A process which involves pre approval mortgage, selecting realtor, things to take care of etc. Thank you

[@Potatotalkies]

Yes will be making one next

[@thevoworld]

Paaji yeh bohot badiya tha video, very honest, very clear & very informative. Mera koi lena dena nai mortgage broker field se, in fact mai Canada mei bhi nahi hu, but maybe one day and you never know I will call you for my first house in Canada :)

[@Potatotalkies]

Thank you 😊 Will look forward 😀

[@arturkorinets2572]

Hey man! How long does it took for you to pass pre education?

[@akaharora7557]

Paji license jis brokerage through lea aa oh sirf os brokerage ch hi valid aa ya hor mortgage brokerage ch we valid aa if we change

[@imadhasan3208]

Hello Nav. Can you please also make a video about investment in stock market for dummies. Could be in two or more parts to cover the details. I am an engineer and I have zero knowledge about stock markets and the ways to invest or target companies in Canada. Thank you

[@Potatotalkies]

Will do On @growwithnav

[@PlatinumPuppies]

You became a mortgage agent (not a broker), at the worst possible time. I have a friend who has been an amazing mortgage agent for the last 25 years in Canada and she said she has never seen such a slow time in the mortgage business. She has not gotten any deals in months. Mortgage broker is completely different and takes years to have a mortgage brokerage. Agents work for a broker.

[@proteancentipede]

Why are you smoking buddy, okay there’s a day and night difference b/w an agent and a broker. But you don’t have to spite in pride. He’s doing an amazing job and should continue doing that. Please pickup data and talk factual, don’t base your MONOLOGUE based on what someone says lol. MaRket has only produced buyers and growing population has a positive effect on that. Consumer services may have taken a hit but please listen him say that he gets his leads from his following. I hope this helps ease you down. Thanks

[@akhere4279]

You should check the guy now.. and you will be silent watching him grow

[@humairah9329]

I appreciate you sharing this information with us. What are the eligibility requirements for becoming a mortgage agent? I apologize if you had already addressed this question in one of your previous videos and I missed it.

[@Potatotalkies]

Just PR.

[@MrArvindmantode]

@@Potatotalkies If you are on a work permit can't we apply to be a mortgage agent ? I think we can but just wanted to be sure.

[@caashokknirala1197]

@@MrArvindmantode You can if you have an open work permit.

[@ibraheemali9541]

whats the diff btw a realtor and a mortgage agent? is it comulsory for a buyer to contact both?

[@Potatotalkies]

Not compulsory. Watch the video on why I became a mortgage agent. I explain the reasons and differences.

[@ibraheemali9541]

@@Potatotalkies ok thanks

[@dilrajkamalsingh735]

Hey! How do u see bank mobile mortgage advisor job vs joing a brokerage other than bank ?

[@Potatotalkies]

Bank job will give you a salary - it’s low Joining a brokerage means zero salary but unlimited growth.

[@InstrumentCalibration]

Is it open book exam ?

[@obaidkhan2229]

I think a realtor easily makes more money and is more rewarding

[@fardinehrary9217]

Is it a good time to become a mortgage agent these days with all of these crazy market crash and recessions??? please someone tell me because I am so confused...

[@Potatotalkies]

If you want to do this for the next decade… it doesn’t matter. Think long term.

[@karanbalwani]

Hi Nav. Given the amount of research I've seen in your videos. If I ever plan to get a house. I would definitely entrust you with the documentation process. Just a passing thought. Thank you again for the video.

[@Potatotalkies]

Thank you Karan 👏

[@deepchauhan457]

does mortgage broker firm provides you lead ? or it needs to be generated by own

[@Potatotalkies]

No leads

[@expertreview973]

Hi Navjot, the info you shared in phenomenal. Great work! Does this mortgage license stays valid for all the provinces or is it different for ontario, and different for Alberta or BC? I'm currently in ON, looking to move to Alberta, so does it vary from province to province?

[@manishthakurwani9419]

I have the same question

[@kanchanbhatia970]

It is different for different provinces. Hope that helps. If you are looking to move to AB, you will have to register for the course with RECA

[@kajalravinder1994]

I had the same question then unfortunately got to know it’s different for different provinces

[@jaspinder626]

You are the money printer guy

[@manojchandhok6597]

I am a new part time mortgage agent, thanks for this video, its really helpful. Just one question on how to market ourselves as mortgage agent and how to grow the business if I don't have a big network of people to speak with? Does FB and Google ads help? Thanks

[@rohanutep81]

Hi Manoj, I am also a new part time mortgage agent.Is there a phone email to get in touch with you?

[@PriyankaSharma-ve1oy]

@@rohanutep81I am also trying to appear for mortgage exam. How is your experience of starting as mortgage broker?

[@PriyankaSharma-ve1oy]

Hi Manoj, how is your experience of become mortgage agent?

[@rohanutep81]

@@PriyankaSharma-ve1oy it’s been fine.

[@Nishant-ej2uu]

What are interest rates in Calgary these days? I've heard it has crossed 5% .

[@Potatotalkies]

It’s same as Ontario!

[@IMMIGRATIONNEWS1]

Please tell about education requirements for this course and I hear ielts test required for this it's true or not.

[@Potatotalkies]

Nothing. Just PR.

[@gourav8335]

Remic works in Saskatchewan?

[@J3nnycat]

Do you have to do lots of math for this career? Thank you

[@lagankhanna5280]

Does anyone on work permit be eligible to take mortgage agent license

[@RG-yj4cb]

Again, he jumped into this profession without knowing the fact that Mortgage Brokers require so many documentation - this guy :p

[@Potatotalkies]

And yet he is making a killing. I guess there is a place for people who act rather than pulling others down :p Do you think I really knew anything about videos and editing when I first started KZbin?

[@RG-yj4cb]

@@Potatotalkies critically calling someone's mindless suggestions is not pulling down - its called spreading awareness. Also, about that Rookie award - these broker firm never let their member go empty handed without a trophy to make them feel better and bait clients. Now, coming to your claim of KZbin videos - 80 yrs old are making you tube videos now-a-days and that does not need crazy analytical or visionary skills like mortgage brokers need to have- duh!

[@RG-yj4cb]

Also, about the Killing - how much earning is called Killing - may I know?

[@satwikkhanna6164]

Is there any sort of commitment/experience required before getting the license for the same through the brokerage? Amazing video but I didn't really get a good view around that area - please let me know the same. Also, wanted to confirm if you guys are doing Phone-a-friend these days as I have been trying to book a slot but haven't been successful - wanted to seek your advice on career growth!

[@Potatotalkies]

No experience required.. just PR

[@rohitd98]

@@PotatotalkiesCant we do it with open work permit?

[@deepchauhan457]

any certificate course before coming to Canada that you recommend for mortgage broker

[@Potatotalkies]

Nothing There is just one exam

[@alitahajohar6115]

Nice and informative... 👌👌👌👍👍👍 Is it possible to pursue it if you are on a closed work permit?

[@Potatotalkies]

Don’t think so.. you need pr

[@SurajVerma-dc7ut]

I like it

[@ASingh-nf3ut]

Hi Navjot! We are planning to buy our home (first time home-buyers) and wanted to connect with you regarding our home mortgage. Could you please let us know the details to connect with you?

[@Potatotalkies]

Hi Amar, just fill the form in the description and submit the docs.

[@ASingh-nf3ut]

@@Potatotalkies Done!

[@goldyparmar2467]

Bhaji gone are the days when the mortgage broker used to have moonlight….Very bad times are going to come in 2024

[@goldyparmar2467]

I am very happy with one thing of yours. When you used to live in the basement, I had commented that you should start a business of your own, only more money will be made in it and if you do, veer day one tau meh tuhadiya videos dekhda haan👍

[@kkjain3336]

Cant u do both mortgage broker and real estate agent ?

[@Potatotalkies]

Yes you can

[@syhzaidi22]

I email you my details but looks like you only take first time home buyers

[@Lj22]

Bhai, ye galat hai year. Aap ne exact income ni batai. We know realtors get 2.t% to 4%. What about mortgage brokers ? We would have liked to see all the exact numbers on 1Million mortgagee client after all splits.

[@Potatotalkies]

I said on average 1% And splits vary from 50-90% depending on experience. 1Mn mortgage 10K commission 75% split = $7500 commission Average mortgage in canada is about 600K - so you can do the maths accordingly

[@varunsanthosh468]

What to do if my study visa application is delayed for over 17weeks.... ??

[@Potatotalkies]

Not much ://

[@sorathiyaashish]

Hi.. Useful video👍 I have 10yr experience in india as mortgage agent and want to move there so is there any perticular draw for this category in PNP? , because i am not eligible for express entry. Please guide...

[@HiyaasVlogs]

Paisa feko tamasa dekho

[@Potatotalkies]

No program like that Ashish

[@rvsoceanofknowledge2305]

Hi Good video Actually I am also in process of moving to Canada and Calgary is my priority to settle,I am moving from India ,so my question is that is how much time a new immigrant (PR) get a mortgage from anywhere that he can buy a property if he has some money for good down payment , because I will sell my property in India ,so I would have some money with me , please reply ?and anyone can keep both license with him mortgage and realtor over there ?

[@Potatotalkies]

Yes you can All you need is 3 months of job in canada

[@rvsoceanofknowledge2305]

@@Potatotalkies They count survival jobs also ? If I maintain credit card for 3 months ? Because I don't want to waste my money in rent ,

[@kanchanbhatia970]

@@rvsoceanofknowledge2305 survival jobs are fine as well, it should preferably be full time.

[@ajmerdhillon3013]

ਜ਼ਿਆਦਾ ਮੋਰਟਗੇਜ ਬਰੋਕਰ ਬਰੋਕਰ ਨਹੀਂ ਹਨ ਇਹ ਚੋਰ ਹਨ ਇਹ ਫੇਕ ਮੋਰਟਗੇਜ ਕਰਦੇ ਹਨ ਅਤੇ ਲੋਕਾ ਨੂੰ ਲੋਟਦੇ ਹਨ

[@amansaiyad6604]

What is the diffrence btween real estate agent and mortgage agent pls tell

[@Potatotalkies]

Separate video… :)

[@amansaiyad6604]

Ok sir

[@kajalravinder1994]

Real estate agent will help you to buy the house and mortgage agent will helps you to get loan from banks.

[@nidhibhadouria4505]

@Navjot... "And we just close the deal". Is this so easy??????

[@Potatotalkies]

😂😂😂 in most cases Some people are so special!!

[@nidhibhadouria4505]

@@Potatotalkies Now that's true 😆🤣

[@Potatotalkies]

@@nidhibhadouria4505 😅

[@RahulSingh-eb7ob]

Hello sir 🙏🙏🙏🙏 hope you doing great I am on closed work permit ( LMIA based) & doing job in Canada Can I have to show same amount of fund ( 13300 dollars) like normal express entery stream Or some relaxation for me. ?? Kindly reply us it's olyws valuable for us My family waiting ur reply Thanks in advance

[@Potatotalkies]

You don’t need funds if I understand correctly

[@RahulSingh-eb7ob]

@@Potatotalkies thank you very much , in actually my PR file , I received MEDICAL request yesterday, let's see when will get PPR ... Need ur blessings too. By d way , when will expect PPR ??

[@MrSamarsingh]

Dominion lending centre hire new agents?

[@Potatotalkies]

Yes they do. Just apply from the website.

[@gagsdoublej4254]

Excuse me Sir/Madam Are you saved? If you died tonight are you going to heaven? Jesus Jesus loves you

[@kunalanand4871]

Bro but you dint share about the monthly fixed salary ?

[@Potatotalkies]

It’s zero. It’s a business.

[@kunalanand4871]

@@Potatotalkies Acha .. so it is same for the realtors also ? No fixed salary ?

[@Potatotalkies]

@@kunalanand4871 yup

[@kunalanand4871]

@@Potatotalkies thanks for the eyes opener 🤩 I was in an assumption ki salary milti hai .. brokerage extra 😂

[@Potatotalkies]

@@kunalanand4871 wah 😀

[@ibraheemali9541]

congrats on being rookie of the year

[@Potatotalkies]

Thanks :)

[@ibraheemali9541]

@@Potatotalkies u r welcome :)

[@shah23000]

❤️👍

[@Potatotalkies]

👏👏

[@ZeeMan2.0]

how to became eat potato with couple

[@madymadhvi1981]

It's urgent

[@niranjansinghtanwar317]

👍👍👍👍👍👍👍👍👍👍👍👍👍

[@Potatotalkies]

👏👏👏

[@Thenoviceinvestors]

Hi, how can i contact you?

[@ARUNPESHIN]

Nice video where I can call you or connect? Fortunately I live in KW area.😊

[@madymadhvi1981]

Hello sir how can i contact you???

[@Potatotalkies]

What is it about ?

[@madymadhvi1981]

@@Potatotalkies it is about pr process... And we stuck on something , we need your help

[@kkjain3336]

Is there any minimum business Needed to Make to keep mortgage agent ? Or even if you make 1 deal in 3 years you will get paid ?

[@kkjain3336]

Is there any minimum business Needed to Make to keep mortgage agent ? Or even if you make 1 deal in 3 years you will get paid ?