Top 16 Mortgage Brokerages in Alberta
Mortgage brokers in Alberta are licensed by the Real Estate Council of Alberta (RECA). According to RECA’s most recent annual report, the province now licenses over 3,700 mortgage brokers in Alberta’s real estate market. Some brokers operate individually, while others are part of brokerage firms with multiple brokers. Mortgage lenders pay mortgage brokers on a commission basis, and their service to borrowers is free of cost. Listed below are some of the best mortgage brokers offering services to borrowers in Alberta.
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- Butler Mortgage: With over two decades of experience and 350 lending partners, Butler Mortgage aims to offer its clients the best rates and a seamless mortgage experience. They also offer an up-front rate guarantee and an after-approval rate guarantee to ensure that the clients always get the best rates.
- True North Mortgage: The Calgary-based brokerage True North offers unique products and services such as ‘Rate-Relief’ (a low-rate option for six months) and ‘Mobile-Brokers’ for the convenience of its clients.
- Dominion Lending Centres: One of Canada's largest mortgage broker networks, Dominion Lending Centres works with over 90 lenders. It has over 350 offices in Canada, with many of them in Alberta, making it easy for clients to find a DLC brokerage near them.
Top Mortgage Brokers in Alberta
Alberta Online Brokerages with Competitive Rates
Butler Mortgage is one of the largest brokerages in Canada that has been in the business for over 25 years. Established in 1995, Butler Mortgage is headquartered in Toronto and offers its services mainly across Ontario, B.C., and Alberta. The brokerage prides itself on offering the lowest possible rates to its clients from over 350 lenders.
The brokerage aims to provide the best rates to its clients before and after approval, thus offering an up-front and after-approval rate guarantee. Through its up-front rate guarantee, the brokerage aims to beat or match a lower rate offered by any other brokerage. After approval, the after-approval rate guarantee allows borrowers to switch lenders for free when another lender advertises a lower rate and the original lender refuses to match it.
Additionally, the approvals come with a RateGuard. If the rates fall during the lock-in period, borrowers can get the new lower rates instead of the originally approved rate. Butler Mortgage offers a variety of mortgages and financing options that include:
- Purchase
- Pre-Approval
- Refinance
- Renewal
- HELOC
- Self-Employed Solutions
- Investment Property
- Vacation/Second Home
- Purchase Plus Improvement
- Construction Mortgages
- Credit Repair
- Mortgages for Newcomers to Canada
The Canadian lender CanWise offers its mortgage rates exclusively through its brokerage arm Ratehub.ca. Apart from CanWise, Ratehub.ca offers rates from other lenders as well and offers mortgages for buying, renewing, refinancing, vacation / second home, newcomers to Canada, divorce, first-time homebuyers, and business / self-employed buyers.
CanWise’s mortgage products have features such as additional lump-sum payment options, the option to increase regular payment, mortgage porting, and bridge financing. The mortgage is registered as a standard charge instead of a collateral charge.
True North Mortgage is a Calgary-based brokerage with 11 offices across Canada, of which four are located in Calgary and one is located in Edmonton. The brokerage believes they can build confidence with clients by allowing them to walk into a physical office and meet an agent in person. However, the clients can also directly apply online or contact them over the phone. True North Mortgage says their clients save an average of $3,000 in interest.
The brokerage offers its clients the ‘lowest rate guarantee,’ promising to match or better lower rates offered by any other brokerages. If they fail to do so, they reimburse the clients with $500 at the time of closing.
True North Mortgage is currently offering a special mortgage product called ‘Rate Relief’ through its in-house lender THINK Financial. The product offers a low fixed rate for six months, after which you either need to renew your mortgage with THINK Financial or pay them a 1% fee. Apart from mortgages for new homes, True North also offers the following:
- Pre-approval
- Refinance
- Renewals and Transfers
- Mortgage Porting
- Purchase Plus Improvements
- Newcomers to Canada
- Vacation and Secondary Homes
- Investment Properties
- Non-Resident Mortgage
- HELOCs
- International Home Purchases
- Self-Employed Mortgages
- Reverse Mortgages
One of the largest brokerages in Canada, The Mortgage Group, was founded in Vancouver in 1990. The brokerage has over 800 mortgage professionals offering mortgage services across the country. Borrowers looking to meet a broker can find the nearest broker through TMG’s website. Those looking to apply quickly can simply use the online application. Borrowers can check out the latest rates on TMG’s website and also access the numerous tools, calculators, and resources available.
Local Alberta Mortgage Brokerages
Mortgage Connection is a Calgary-based brokerage that provides brokerage services in Alberta, British Columbia, Ontario, Manitoba and Saskatchewan. Their team of over 175 mortgage brokers, specialists and underwriters offers various services, including residential and commercial mortgages. They cater to new mortgages, renewal, refinance, second mortgage, investment property mortgages, and HELOCs and also provide home and auto insurance services. Borrowers can apply online or contact the team directly through their website.
Founded in 2009, Quantus Mortgage Solutions is a brokerage that collaborates with 40 lenders and has over 60 staff members. They have a 1-14-21 process, which implies a 1-day pre-approval, 14-day processing, and 21-day possession. Along with mortgage services, the company also provides home, auto, and life insurance. Quantus Mortgage Solutions has won multiple industry awards, including the CMP Best Regional Brokerage of Alberta award in 2023 and 2025.
Headquartered in Calgary, Indi Mortgage (formerly Axiom Mortgage Solutions) provides mortgage services across multiple provinces in Canada. An Orbis Independent Mortgage Group member, Indi Mortgage offers a broad range of services, including new mortgages, pre-qualification, renewals, and refinancing. The company also provides solutions like debt consolidation and interim financing. Clients can apply online through a simple process that takes less than five minutes to complete.
DreamHouse Mortgage, established in 2013, is headquartered in Calgary and provides services across Alberta. Their team of over 10 mortgage specialists offers various mortgage services, such as purchasing new homes, pre-approvals, renewals, transfers, first-time buyers, HELOC, second mortgages, and self-employed mortgages. The brokerage also assists with debt consolidation, foreclosure purchases, and commercial mortgages. Furthermore, DreamHouse Mortgage offers solutions for borrowers with poor credit who seek to improve their credit.
Canadian Mortgage Professionals Inc. is a brokerage headquartered in Calgary that provides services throughout Canada. The mortgage specialists working for the brokerage have several decades of experience. Borrowers can choose to apply either online or in person. The services offered by the brokerage include mortgages for new homes, mortgage pre-approval, progress draw mortgages, revenue property mortgages, HELOCs, purchase plus improvement, and mortgages for newcomers to Canada.
Collin Bruce Mortgage Team, a brokerage located in Edmonton, is part of the Dominion Lending Centres (DLC) broker network. They have over 90 lending partners, including banks, credit unions, trust companies, and financial institutions. Apart from purchase, renewal, and refinance services, the brokerage provides borrowers services such as borrowed down payment, second home mortgage, spousal buyout, purchase + improvements, vehicle financing, and exclusive homebuyer programs. Furthermore, on their website, borrowers can find links to their partners offering other allied services, such as home inspectors, appraisers, realtors, and lawyers.
Benchmark Mortgages is a concierge-style brokerage that operates in Edmonton and is a member of the M3 broker network. The brokerage offers personalized service to its clients and aims to provide them with the best available rates right from the beginning. They collaborate with credit unions, banks, trust companies, and private lenders to provide flexible mortgage options to their clients. Borrowers may complete the mortgage application process either in person or online through their website.
Flare Mortgage Group is a full-service brokerage located in Greater Edmonton. The brokerage's philosophy is to customize a mortgage plan according to each client's lifestyle. Borrowers can get pre-approval from the brokerage within a day through an online process. Apart from purchase, renewal, and refinance mortgage services, the brokerage can also assist with debt consolidation. The brokerage is a member of the VERICO Paragon Mortgage Inc. network.
Based in Innisfail, Alberta, The Place To Mortgage is operated by broker Sarah Strauss and serves clients across Alberta, BC, Saskatchewan, Manitoba, Ontario, and Nova Scotia. Borrowers can visit the Innisfail office, meet by phone or video, or apply online. In addition to regular mortgage services, the brokerage also offers assistance with rent-to-own agreements, financing for raw land purchases, bad credit mortgages, construction loans, property investor services, reverse mortgages, and more.
Mortgage Broker Networks in Canada
In Canada, broker networks comprise independently owned brokerages with access to the network's rates and services. Some of these networks are affiliated with larger financial groups, such as DLCG and M3 Financial Group. Listed below are some of the major networks operating in Alberta.
Dominion Lending Centres is one of Canada's largest mortgage broker networks, with over 350 offices across the country. The network includes over 2,900 mortgage professionals working with more than 90 lenders, ensuring clients receive competitive mortgage rates and a wide range of products. Network members have access to a wide range of resources, tools, training programs, and industry updates to stay current. The network also offers the 'My Mortgage Toolbox' mobile app to borrowers, which they can use to begin planning their mortgages.
Verico, founded in 2005, is a mortgage broker network that spans from coast to coast across Canada. Now part of the M3 Mortgage Group, VERICO has over 230 mortgage businesses and 3,800+ mortgage advisors in its network, helping to finance homes for more than 45,000 Canadian families each year.
Alberta Mortgage Broker Regulations
The Real Estate Council of Alberta (RECA) is the governing body for the real estate industry in Alberta, where “Anyone who solicits individuals to borrow or lend money secured by a mortgage, or negotiates a mortgage on behalf of another person must hold a licence with RECA”.
How do I become a mortgage broker in Alberta?
Mortgage associates are licensed by RECA. The mortgage associate licence is the entry-level licence for Alberta’s mortgage brokerage industry. To later become a mortgage broker or open a mortgage brokerage, you generally need at least two years of licensed industry experience within the past five years and must complete the additional Mortgage Broker Program.
To become licensed as a mortgage associate in Alberta, you generally need to:
- Be at least 18 years old
- Be a Canadian citizen or permanent resident
- Provide valid government-issued identification
- Have at least a Canadian high school education or equivalent
- Provide proof of English language proficiency
- Complete the Mortgage Associates Program
- Complete a criminal record check
- Be hired by a licensed mortgage brokerage to submit your licensing application
The application for an Alberta mortgage associate licence costs $575. However, RECA’s fees can change, and reduced fees may apply during certain parts of the licensing year.
Proof of English proficiency can include a Canadian high school transcript showing completion of Grade 12 English, graduation from a diploma or degree program in Canada, completed Grade 12 English in a foreign school through ACESC, or an approved English proficiency assessment. RECA accepts assessments such as TOEFL, IELTS, CELPIP, and CAEL, provided the applicant meets RECA’s required minimum scores.
Alberta Mortgage Associate Education Requirements
Before applying for a mortgage associate licence, you must complete the Mortgage Associates Program. This program consists of two courses:
- Fundamentals of Mortgage Brokerage
- Practice of Mortgage Brokerage
These courses are offered by RECA-recognized course providers, such as the Alberta Mortgage Brokers Association (AMBA). AMBA lists each course at $1,500. The courses are delivered online and are self-paced.
Each course includes course requirements and an exam. After completing each course, learners must pass RECA’s pre-licensing exam for that course. RECA’s licensing process states that applicants must pass with a minimum grade of 70%. Learners generally have six months to complete each course and three months after course completion to pass the related RECA pre-licensing exam.
As of May 2025, Alberta mortgage licensees are also subject to a new mandatory re-licensing education requirement focused on private lending. RECA states that all mortgage licensees must complete the Mandatory Re-Licensing Education on Private Lending as part of the 2025 licensing cycle. This applies to existing mortgage licensees, while new mortgage associates must still complete the Mortgage Associates Program before applying for their licence.
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- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.