Top 10 Mortgage Brokerages in Edmonton
Mortgage brokers are licensed professionals with access to multiple lenders who act on behalf of borrowers to find competitive mortgage rates. Because brokers can shop across dozens of lenders simultaneously, they often secure rates unavailable directly from a single bank or credit union. Their services are free to borrowers; lenders pay the brokerage a finder’s fee, typically between 0.5% and 1% of the mortgage amount. In Alberta, the Real Estate Council of Alberta (RECA) licenses and regulates mortgage brokers. With Edmonton’s housing market continuing to attract buyers from across the country, working with a local or digital broker remains one of the most effective ways to compare your options.
Quick Picks
- Butler Mortgage: A full-service brokerage offering all sorts of mortgage services to Canadians since 1995. With over 350 lending partners, they offer some of the best mortgage rates with the lowest rate guarantee and an after-approval rate guarantee.
- nesto: With a fully digital mortgage experience, nesto is ideal for borrowers who want to shop for a mortgage from the comfort of their home. Brokers at nesto are paid a salary instead of a commission and thus can be trusted to offer an unbiased opinion and the best possible rates to clients. Borrowers can also benefit from promotional offers and deals from nesto, such as cashback and an extended lock-in period of up to 150 days.
- Dominion Lending Centres: With over 350 centers across Canada, Dominion Lending Centres is one of the largest mortgage broker networks across Canada. Working with over 90 lenders, the brokers in the network have access to some exclusive mortgage rates.
Top Mortgage Brokers in Edmonton
Edmonton Online Brokerages with Competitive Rates
Founded in 1995, Butler Mortgage is a full-service brokerage headquartered in Toronto. The brokerage offers mortgage services in Ontario, British Columbia, and Alberta. Even though they don’t have an office in Edmonton, borrowers can reach out to them online or through their toll-free phone number. They offer a quick and easy online application process that can be completed anytime. With over 350 lending partners, including banks and credit unions, they are one of the largest brokerages in Canada, offering competitive mortgage rates to their clients. The mortgage and financing options offered by Butler Mortgage 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
To ensure their clients get the best rates, the brokerage offers two kinds of rate guarantees to their clients. The first one is the Up-Front Rate Guarantee, through which the brokerage guarantees the best rate to their clients right at the start. If a client finds a better rate elsewhere, Butler Mortgage will beat the rate or pay the client $500 at the time of mortgage closing. Additionally, they offer an After-Approval Rate Guarantee. Even after approval, the brokerage watches for better rates being advertised by lenders. If a rate of at least 0.1% is advertised by a lender and your lender refuses to match it, you may switch lenders at no additional cost. Butler Mortgage allows its clients to lock in rates for up to 120 days.
Based out of Montreal, nesto is a digital lending platform founded in 2018. It is different from traditional brokerages because the brokers at nesto are paid a fixed salary as opposed to a commission. According to nesto, this motivates their brokers to offer unbiased advice and find the best deal for their clients, as the brokers have no personal interest in the deal, with the only reward being client satisfaction. Their application process is completely online and can be completed from anywhere. However, borrowers can reach their mortgage advisors through email or phone.
According to nesto, the rates offered by them are the ‘floor rates,’ which are the absolute minimum rates offered by banks. The brokerage has strict lending guidelines, and thus borrowers need to meet the minimum credit score requirement and should not have a history of missed payments.
Some of their featured rates have an extended lock-in period of 150 days. They offer promotional deals such as cash-back mortgages, through which borrowers can get a cashback of 1% of up to $13,750 for a 5-year term. The financing options offered by nesto are:
- New Mortgage
- Mortgage Renewal
- Mortgage Refinance
True North Mortgage is a brokerage established in 2006 that offers mortgage services across Canada. The brokerage is headquartered in Calgary, and one of its 12 offices is in Edmonton. The brokerage suggests that it saves an average of $3,000 for its clients. The brokerage offers an online application along with in-person and over-the-phone services. Additionally, they offer a personalized service called mobile brokers, through which the brokers come to meet you at a place and time of your choice. This is a great option for borrowers who need a personal service with flexibility.
For assuring the lowest rate, True North Mortgage gives its clients the lowest rate guarantee. The brokerage offers to beat any lower rate their clients find elsewhere or compensate them with $500. Through its in-house lender, THINK Financial, they are currently offering a mortgage solution called ‘Rate Relief’. This product, available for a 6-month term, offers a temporary low fixed rate designed to give clients a budget break, particularly useful for managing closing costs and near-term expenses. Following this six-month period, the client can renew their mortgage with THINK Financial or pay a 1% administration fee to them. The services offered by True North Mortgage include:
- New Mortgage
- Pre-approval
- Refinance
- Renewals and Transfers
- Mortgage Porting
- Purchase Plus Improvements
- Vacation and Secondary Homes
- Investment Properties
- Non-Resident Mortgage
- HELOCs
- International Home Purchases
- Self-Employed Mortgages
- Reverse Mortgages
- Newcomers to Canada
CanWise is a lender offering its mortgage rates exclusively through its brokerage Ratehub.ca. With CanWise lending, the client’s mortgage is registered as a standard charge, not a collateral one. The mortgage solutions borrowers can get from them include
- Mortgages for buying
- Renewing
- Refinance
- Vacation / Second Home
- Newcomers to Canada
- Divorce
- First-time homebuyers and
- Business / Self-employed buyers.
Their mortgage products have features such as mortgage porting, bridge financing, annual additional lump-sum payment options, and increasing regular payment.
The Vancouver-based brokerage, The Mortgage Group, was founded in 1990. It is one of the largest brokerages in Canada, with over 1,900 mortgage professionals. They offer their services throughout Canada, and borrowers can find the nearest broker through TMG’s website. The application can be completed online or with one of the brokers in person. TMG also offers several tools, calculators, and resources through its website.
Local Edmonton Mortgage Brokerages
A part of Dominion Lending Centres (DLC), Collin Bruce Mortgage team is a brokerage based in Edmonton. They have over 90 lending partners, including banks, credit unions, trust companies, and financial institutions. Apart from purchase, renewal, and refinance, they offer services such as borrowed down payment, second home mortgage, spousal buyout, purchase + improvements, vehicle financing, and exclusive homebuyer programs. Borrowers looking for other allied services can find links to their partners, including home inspectors, appraisers, realtors, and lawyers.
A member of Invis (part of the M3 Financial Group), Benchmark Mortgages is a concierge-style brokerage serving Edmonton and surrounding communities. The brokerage believes in offering the best available rate to its clients right from the beginning and provides personalized service to them. The brokerage works with credit unions, banks, trust companies, and private lenders to offer flexible mortgage options to its clients. The mortgage application can be completed in person or online through their website.
Flare Mortgage Group is a full-service brokerage based out of Greater Edmonton. The brokerage believes in tailoring a mortgage plan according to the client’s lifestyle. They offer preapproval within a day that can be done online. Apart from purchase, renewal, and refinance services, the brokerage offers help with debt consolidation as well. They offer flexible down payment options and work to find solutions for clients in a variety of financial situations. The brokerage is a part of the VERICO Paragon Mortgage Inc. network.
Mortgage Broker Networks in Canada
Several brokerages are a part of broker networks in Canada. The broker networks such as Dominion Lending Centres, Mortgage Alliance, Mortgage Architects, and Verico have hundreds of brokerages as a part of the network. The brokerages have access to the network’s rates and services but are independently owned businesses. Some networks are a part of larger groups; for example, M3 Financial Group has subsidiaries that include Verico, M3 Tech, M3 Ventures, Mortgage Alliance, Multi-Prêts Mortgages, Invis, Mortgage Intelligence, YourMortgageMarket.com, Simplinsur/SimplAssur, and Pinch Financial.
Dominion Lending Centres inc. is a subsidiary of the DLCG Mortgage group along with Mortgage Centre Canada inc. and Mortgage Architects. It is a broker network with over 350 offices in Canada and over 2,900 mortgage brokers. The brokers in the network work with over 90 lenders to offer the best possible rates to their clients.
Through their mobile app, ‘My Mortgage Toolbox,’ the brokers in the network get access to exclusive tools and resources. Additionally, the agents get to be a part of training sessions to stay up to date.
A subsidiary of the M3 Financial Group, VERICO is a mortgage broker network established in 2005. With over 3,800 mortgage advisors and 230 mortgage businesses, it is one of the largest broker networks in Canada. Every year, over 45,000 families get their mortgages financed through the broker network. At the 2025 Canadian Mortgage Awards, VERICO Financial Group was named an excellence awardee in the National Broker Network of the Year category.
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