Top 12 Mortgage Brokerages in Burlington, Oakville & Milton

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Mortgage brokers work on behalf of borrowers to scout for the best available mortgage rates and deals in the market. As they have access to many lenders, they can negotiate the best deal for their clients. Burlington, Oakville, and Milton form the heart of Halton Region, one of the most sought-after and fastest-growing corridors in the Greater Toronto Area. Home prices across Halton sit well above the provincial average, with the Oakville housing market in particular routinely seeing seven-figure sale prices. With such large loan amounts, even a small difference in rate can translate into tens of thousands of dollars over a mortgage term, so working with an experienced local broker can make a meaningful difference. Listed below are some of the top brokerages that serve Burlington, Oakville, and Milton.

Joe Purewal Mortgages

With more than 20 years of industry experience, Joe Purewal Mortgages helps borrowers across the GTA, including Burlington, Oakville, Milton, and Mississauga. Part of Invis Mortgage Intelligence, the award-winning team has arranged financing for over 10,000 clients and earned hundreds of five-star reviews.

The brokerage works with both straightforward and complex mortgage applications, from purchases, renewals, refinancing, and investment properties to bank declines, self-employed income, credit issues, second mortgages, private lending, tax arrears, and debt consolidation. Clients can connect by phone, email, or online.

Butler Mortgage

Butler Mortgage, headquartered in Toronto, is a leading mortgage brokerage in Canada that has been operational for over 25 years and serves borrowers throughout the GTA, including Burlington, Oakville, and Milton. According to the brokerage, it tracks rates from every prime lender in the market and provides its clients with the best rates from over 350 lenders. While borrowers have the option to visit their offices in Toronto or Hamilton, mortgages can be completed conveniently over the phone from anywhere in the province.

Butler Mortgage offers several guarantees to back up its low rates. Its Up-Front Rate Guarantee means that if you find a lower rate, Butler Mortgage will beat that rate or give you $500 at closing. Types of financing offered include:

• Home purchase mortgages
• Renewals and transfers
• Refinancing
• Construction and Purchase Plus Improvements

• Second mortgages and home equity solutions
• Self-employed mortgages and low-documentation mortgages

Canwise

Canwise is a CMHC-approved mortgage lender, with its brokerage arm operating as Ratehub.ca. Borrowers apply through Ratehub's brokerage team, and Canwise is one of the lenders they may be matched with. The brokerage serves clients across Ontario, including Burlington, Oakville, and Milton, entirely online and by phone. Canwise registers its mortgages as a standard charge rather than a collateral charge, which makes it easier to switch lenders or refinance in the future. Their mortgage products include features such as mortgage porting, bridge financing, and an annual lump-sum prepayment privilege of up to 20% of the original principal.

BM Select

581 Plains Road East, Unit 4

Burlington, ON

Headquartered in Burlington, BM Select's (Better Mortgage Select) management team brings over 90 years of combined experience. BM Select offers a full range of financing, including purchases, pre-approvals, refinancing, renewals, rental and investment property mortgages, debt consolidation, HELOCs, construction mortgages, buying from a builder mortgages, jumbo mortgages, and self-employed and new-to-Canada solutions, with a particular focus on real estate investors through its Investor Edge program. Borrowers can apply online or call to get started.

Mountainview Mortgage

5038 Fairview St

Burlington, ON

Mountainview Mortgage, part of The Mortgage Centre network, is an award-winning brokerage serving Oakville, Burlington, Milton, and the wider GTA. The firm compares options across many lenders rather than being tied to a single bank. It handles home purchases, pre-approvals, first-time buyer mortgages, refinancing, rental and cottage properties, self-employed and damaged-credit files, and second and private mortgages. Borrowers can call or submit an online inquiry to get started.

Pro Funds Mortgages

3410 South Service Road

Burlington, ON

Pro Funds Mortgages is a Burlington-based boutique brokerage specializing in mortgage financing and investing for real estate professionals and investors. The firm can help borrowers with purchases, refinances, and equity take-outs, construction loans, and bridge financing through both institutional and private lenders. Pro Funds also connects investors with mortgage investment opportunities secured by real estate, and offers cross-border financing for Canadian investors. Borrowers and investors can reach the team by phone or through an online inquiry.

CENTUM Total Mortgage Services

455 Kerr Street

Oakville, ON

CENTUM Total Mortgage Services is an Oakville brokerage with a team of more than 10 agents and brokers. As part of the national CENTUM network, it has access to over 50 lenders and offers mortgages for purchases, renewals, refinancing, reverse mortgages, vacation properties, commercial properties, newcomers, and self-employed borrowers. Its website also provides calculators to help borrowers estimate affordability, payments, required income, closing costs, and land transfer taxes before applying. Borrowers can apply online, call, or visit the Kerr Street office.

Mortgage Works

1266 Old Colony Road

Oakville, ON

Mortgage Works is an Oakville-based brokerage and a division of Key Mortgage Partners. Led by a principal broker with 20 years of experience, the team helps borrowers with pre-approvals, home purchases, renewals, refinancing, debt consolidation, renovations, investment properties, and mortgages for first-time buyers, newcomers, and self-employed borrowers. Mortgage Works takes a long-term approach, continuing to guide clients after closing with advice on renewals, debt management, home equity, and paying down their mortgage faster. Borrowers can contact the team by phone, email, or online.

Home Mortgage Advice

Ellis Crescent

Milton, ON

Home Mortgage Advice is a Milton-based brokerage operating under Mortgage Intelligence. With more than 10 years in business and access to over 50 lenders, the firm provides a full spectrum of mortgage services to Milton and surrounding communities, including first-time buyer mortgages, renewals, refinancing, lines of credit, new-to-Canada mortgages, private and second mortgages, and commercial and construction financing. It can also assist borrowers interested in income properties and other real estate investments. Evening and Saturday hours are available, and borrowers can book a free consultation, apply online, or call the team.

Mortgage Winners

336 Bronte Street South, Suite 226

Milton, ON

Established in Milton in 2013, Mortgage Winners is a boutique brokerage serving Halton and the Greater Toronto Area, led by a broker with more than 15 years of experience. The team helps with first-time purchases, investment properties, refinancing, renewals, private and second mortgages, lines of credit, and purchase-plus-improvements financing. It takes a long-term planning approach, considering borrowers' future goals rather than focusing only on the lowest rate. The brokerage can also help clients explore Manulife One, an all-in-one mortgage and banking solution. Borrowers can schedule a call, apply online, or visit the Bronte Street South office.

Several mortgage broker networks in Canada are made up of independently operating brokerages that share access to the rates, resources, and tools the network provides. By joining a network, brokerages can access rates from many lenders without partnering with each one individually, and can receive support with technology, marketing, and training. Several brokerages serving the Burlington, Oakville, and Milton area operate under these national networks. Below are two of the largest networks, each represented by a member firm that serves the area.

Dominion Lending Centres

Dominion Lending Centres Office in Oakville:

IntelligentLending.ca

2010 Winston Park Drive, Suite 200,

Oakville, ON

Dominion Lending Centres ranks among Canada's biggest brokerage networks, with more than 2,900 mortgage professionals working out of over 350 offices nationwide. It partners with upwards of 90 lenders, and its brokers can draw on a wide range of tools and resources supplied by the network. To keep them current with industry standards, DLC also runs regular training sessions, and it offers its own mobile app, 'My Mortgage Toolbox.'

Verico

Verico Office in Burlington:

Verico Designer Mortgages Inc.

Unit-5, 1253 Silvan Forest Drive,

Burlington, ON

The VERICO broker network was established in 2005 and has since grown to become one of Canada's largest brokerage networks. VERICO has more than 4,000 mortgage advisors in its network, with over 230 offices across the country belonging to the network, together originating more than $23 billion in annual loan volume.

Mortgage brokering is a licensed profession in Canada, with brokers and agents regulated provincially. In Ontario, licences are issued by the Financial Services Regulatory Authority of Ontario (FSRA). To become a Mortgage Agent Level 1, an individual must be at least 18, reside in Canada, complete an FSRA-approved education program and exam, and be sponsored by a licensed brokerage. Agents may advance to Level 2 and, with further education and at least two years of relevant experience, qualify for a mortgage broker licence. Licensed brokerages must also pay annual regulatory fees, maintain errors and omissions insurance, and comply with FSRA's standards.