Top 11 Mortgage Brokerages in Calgary
Mortgage brokers shop rates from multiple lenders and negotiate on behalf of borrowers to find the most competitive terms. Brokers are typically compensated by lenders rather than borrowers, earning a commission of roughly 0.5% to 1% of the mortgage amount, so there is generally no direct cost to you. In Alberta, mortgage brokers must hold a license issued by the Real Estate Council of Alberta (RECA). With Calgary’s housing market remaining active, working with a broker can be especially valuable for accessing options beyond what approaching a single bank may offer.
Quick Picks
- Butler Mortgage: Butler Mortgage is a brokerage with over two decades of experience and has 350 lending partners. Butler mortgage offers a lowest rate guarantee and an after-approval rate guarantee.
- True North Mortgage: True North Mortgage is national brokerage based out of Calgary. In addition to the typical mortgage products, they also offer an additional mortgage solution called ‘Rate Relief’ that offers a low rate for six months.
Top Mortgage Brokers in Calgary
Calgary Online Brokerages with Competitive Rates
Headquartered in Toronto, Butler Mortgage offers mortgage brokerage services in Ontario, British Columbia, and Alberta. One of the largest online brokerages in Canada, Butler Mortgage was founded in the year 1995. With access to over 350 lenders, Butler Mortgage claims to offer the lowest possible mortgage rates to its customers.
The brokerage offers an up-front rate guarantee, wherein, if you find a lower rate elsewhere, Butler would either beat that rate or pay you $500 cash when you close. Apart from this, the brokerage also offers an after-approval rate guarantee. This means that even after your approval, Butler keeps looking for better rates for you, and if they find another lender advertising a rate that is more than 0.1% lower, you can switch lenders for free if your lender refuses to match the rate.
With their RateGuard Approval, Butler Mortgage allows you to lock in rates for up to 120 days, and if the rate falls during this time, the customer can get the new lower 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
CanWise is a Canadian lender that offers their mortgage rates exclusively through their brokerage which was renamed to Ratehub.ca in 2022. They offer rates from 16 lending partners. They offer mortgages for buying, renewing, refinance, vacation / second home, newcomers to Canada, divorce, first-time homebuyers, and business / self-employed buyers.
CanWise lending offers features such as mortgage porting, bridge financing, annual additional lump-sum payment option, and the option to increase regular payment. They also register your mortgage as a standard charge instead of a collateral charge.
True North Mortgage is based out of Calgary, offering mortgage services across Canada. True North has a total of 12 physical offices in Canada, of which four are located in Calgary. The brokerage believes that having a physical office to walk into builds confidence with their clients, while also expressing their commitment to the clients. Borrowers can alternatively get in touch with them online and over the phone.
With the current situation of increased mortgage rates, True North has been offering a mortgage solution called 'Rate Relief' through their in-house lender THINK Financial, which offers lower fixed-rate for six months. After the six-month period, you either need to renew your mortgage with THINK Financial or pay them a 1% fee. True North also offers a lowest rate guarantee. If you find a lower rate elsewhere, True North offers to beat the rate or give you $500 if they can't do so. True North claims to save an average of $3,000 for its clients. 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
Local Calgary Mortgage Brokerages
Mortgage Connection is a brokerage based out of Calgary and servicing Alberta, British Columbia, Ontario, and Saskatchewan. It has a team of over 175 mortgage brokers, specialists and underwriters who offer residential and commercial mortgage services. In addition to new mortgages, renewal, refinance, second mortgage, investment property mortgages and HELOCs; they also offer home and auto insurance services. Even though they don’t have an online application process, they have an app of their own called the Mortgage Connection App that can be used in five languages.
Quantus Mortgage Solutions is a Calgary-based brokerage that works with numerous different lenders. The brokerage was established in 2009 and now has a team of over 60 people. In addition to mortgage services, they also offer home, auto and life insurance. Quantus Mortgage Solutions has been nominated for and won multiple awards in the brokerage industry, including the CMP Best Regional Brokerage of Alberta award in 2023 and 2025.
Indi Mortgage, formerly known as Axiom Mortgage Solutions, is headquartered in Calgary and offers services across Canada, with over 300 agents nationwide. They are a member of the Orbis Independent Mortgage (OIM) Group. In addition to new mortgages, pre-qualification, renewals, and refinancing, they also offer solutions such as debt consolidation and interim financing, and provide an online application process.
Founded in 2013, DreamHouse Mortgage is headquartered in Calgary and offers services across Alberta. They have a team of over 10 experienced mortgage specialists and offer mortgage services for the purchase of new homes, pre-approval, renewals, switches, first-time buyers, HELOCs, second mortgages, self-employed mortgages and more. They also help with debt consolidation, foreclosure purchases and commercial mortgages. Additionally, borrowers with bad credit can also seek help with credit improvement.
Established in 1989, Canadian Mortgage Professionals Inc. is a boutique brokerage firm based in Calgary offering services across Canada, with a team of five fully trained mortgage professionals. Borrowers can apply online or in person, and the services include mortgages for new homes, progress draw mortgage, revenue property mortgages, HELOC, purchase plus improvement, mortgages for newcomers to Canada and mortgage preapproval.
Mortgage Broker Networks in Canada
Canada also has several mortgage broker networks, where the brokers independently own mortgage businesses but are a part of a larger network. Some of these networks are a part of financial groups such as DLCG and M3 Financial Group.
With 2,900 mortgage experts and over 350 offices across Canada, Dominion Lending Centres is one of the largest mortgage broker networks in Canada. They work with more than 90 lenders to offer the best mortgage rates to their clients. They have their own mobile app named My Mortgage Toolbox, and provide multiple tools and resources to the brokers in their network. They also have training sessions for the brokers to ensure they offer the best services to their clients.
Established in 2005, Verico is a mortgage broker network spread from the east to the west coast of Canada. It has more than 230 mortgage businesses (3,800+ mortgage advisors) in its network who help finance homes for more than 45,000 Canadians every year. Verico has received multiple industry nominations and recognitions at the Canadian Mortgage Awards over the years.
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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.