Top 11 Mortgage Brokerages in Newmarket, Aurora & Richmond Hill

WOWA® Simply Know Your Options

Rather than selling their own products, a mortgage broker shops the market on a borrower's behalf, comparing rates across a roster of lenders to land on the strongest available deal. That access to multiple lenders is what gives brokers their negotiating leverage. Brokers typically earn a commission from the lender, not the borrower, who foots that bill. Newmarket, Aurora, and Richmond Hill sit among York Region's most sought-after towns, known for good schools, convenient GO train access, and a family-first feel. Home values here run comfortably above the Ontario average, which means a rate difference of even a fraction of a percentage point can add up to real money over the life of a mortgage. That's why partnering with a broker who knows this stretch of York Region can pay off. Below is a roundup of some of the notable brokerages serving Newmarket, Aurora, and Richmond Hill.

Butler Mortgage

Butler Mortgage runs out of Toronto but works with borrowers well beyond the city, including homeowners in Newmarket, Aurora, and Richmond Hill, and the firm has more than a quarter-century behind it. The brokerage says it monitors pricing from every major prime lender and shops more than 350 of them to land clients a competitive rate. Its footprint stretches from the Toronto core out to Hamilton and Ottawa, and because everything can be handled by phone, location in Ontario isn't really a barrier.

What differentiates Butler is the pair of guarantees layered on top of its rates: find a better one elsewhere, and it will either match it or hand over $500 at closing under its Up-Front Rate Guarantee. Its lineup of financing options covers:

• 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

Joe Purewal Mortgages

With over twenty years in the business, Joe Purewal Mortgages has built a client base spanning Newmarket, Aurora, Richmond Hill, and Toronto. The brokerage runs under the Invis broker network and has ranked among its top performers year after year, funding financing for more than 10,000 clients along the way. It has a track record of hundreds of five-star reviews and several Readers' Choice awards.

The firm stresses its expertise in tackling the files other lenders won't touch: bank declines, self-employed applicants, credit issues, tax arrears, private financing, and debt consolidation among them. Meanwhile, standard purchases, renewals, refinances, investment properties, and pre-approvals are also available, and clients can reach the team by phone, email, or an online form.

Homeguard Funding Ltd.

12-16715 Yonge Street, Suite 211

Newmarket, ON

Founded back in 1983, Homeguard Funding remains an independent brokerage to this day. The team helps borrowers get residential, rural, recreational, commercial, and industrial mortgages, including second mortgages, for individual borrowers as well as institutional and private lenders. The brokerage keeps dedicated staff on hand for self-employed clients and stated-income files. Coverage extends across Newmarket, Aurora and Richmond Hill, and they have a second location in Barrie. Prospective clients can phone in, apply online, or stop by the Newmarket office in person.

Benson Mortgages

10376 Yonge Street, Suite 209

Richmond Hill, ON

Since opening its doors in 2012, Benson Mortgages has pushed more than $3 billion in mortgages. The brokerage has a strong network of lenders with over 170 lending partners. The brokerage runs out of a Richmond Hill office that reaches into Newmarket, Aurora, and the broader GTA. Beyond the usual residential, private, and commercial mortgage work, the firm has picked up a side business of financing heavy machinery like skid steers, tractors, semi-trucks, and bulldozers. The brokerage suggests that it passes along its volume discounts to its clients. Speed is another selling point, with emergency financing and bridge loans that can close within 24-48 hours, alongside:

• New home purchases
• Private and second mortgages
• Construction and land financing

• Debt consolidation
• Commercial mortgages and equipment financing
• Newcomer and self-employed mortgages

Kingsdale Mortgage Centre

120 West Beaver Creek Road, Unit 18

Richmond Hill, ON

Kingsdale is one of the largest brokerages in Richmond Hill, backing roughly 150 licensed agents and brokers, a scale it's reached largely within the past few years. Lending partners run from the big Canadian banks to monoline and alternative lenders, giving agents room to place first-time buyer purchases, second mortgages, private mortgages, HELOCs, debt consolidation, new-to-Canada financing, and reverse mortgages. A phone call or an online consultation request is enough to get connected with the Richmond Hill team.

Ross Taylor Mortgages

70 East Beaver Creek Road, Suite 30, South Building

Richmond Hill, ON

Ross Taylor Mortgages is a Toronto-based brokerage with one of its offices located in Richmond Hill. The practice has additional offices in Toronto, Mississauga and Ottawa. The lead broker has spent close to three decades in financial services and won a couple of national awards. The brokerage has also won several three best rated awards in Richmond Hill. Apart from standard mortgages, renewals, and refinances, the practice leans into complicated files, such as bank declines, private mortgages, post-consumer-proposal mortgages, and CRA debt, on top of the usual purchases, renewals, and refinances. Consultations can be booked by phone, email, or video call.

JMS Mortgages Inc.

376 Eagle Street, Unit 3

Newmarket, ON

JMS Mortgages is a Newmarket brokerage that has built an expertise in debt consolidation, home equity refinancing, and private lending for borrowers who don't fit a standard bank file. The firm's lead broker has been featured multiple times on CityTV discussing private financing, debt strategies, and alternatives to bankruptcy. The small team also serves clients in Russian apart from English and places first, second, and even third mortgages through a mix of A, B, and private lenders. Beyond debt consolidation, the firm handles HELOCs, refinances, and consumer proposal financing for homeowners working through credit setbacks. Inquiries can be submitted online or by phone, with a promised response within one business day.

Ultimate Mortgage Group

132 King Road, Suite 201

Richmond Hill, ON

Ultimate Mortgage Group is an award-winning practice out of Richmond Hill operating under the VERICO network banner. The brokerage draws on a long list of lending partners that includes the major banks (TD, Scotiabank, BMO) as well as monoline and alternative lenders such as First National, MCAP, Home Trust, and Equitable Bank, giving it a wide range of options for purchases, refinances, and renewals. The firm also brokers home and auto insurance alongside mortgages, a combination that lets clients bundle more of their financial planning with a single team. Borrowers can reach the office directly by phone or email.

Mortgage Train

162 Bonny Meadows Drive

Aurora, ON

This Aurora-based practice operates under the Tango Financial network. The brokerage offers services across Toronto and the wider GTA. The brokerage's site leads with the line "Working For You, Not The Banks," reflecting a practice built around shopping the market on the client's behalf rather than pushing a single lender's product. Services cover pre-approvals, first-time buyer financing, self-employed and new-to-Canada mortgages, investment properties, debt consolidation, renewals, refinancing, renovation financing, credit repair, and vacation home purchases. Prospective clients can get in touch by phone, email, or through an online application.

Rather than operating as one company, a number of Canada's mortgage broker networks are really loose affiliations of independently run brokerages that pool their buying power for lender access, technology, marketing, and training. Signing on with a network lets a small brokerage tap into rates and resources it couldn't easily line up on its own. A few of the firms working in Newmarket, Aurora, and Richmond Hill belong to networks like these, and two of the largest are represented locally by the member firms below.

CENTUM

CENTUM Office in Newmarket:

Centum One Financial Group Inc.

69 Davis Drive, Unit 103,

Newmarket, ON

CENTUM is one of Canada's largest mortgage broker brands, part of the Charlwood Pacific Group, with close to 200 franchised offices and upwards of 2,200 mortgage professionals nationwide. Across the network, CENTUM firms handle financing for more than 15,000 homeowners annually, drawing on shared lender relationships, technology, and training that come with the affiliation.

Mortgage Alliance

Mortgage Alliance Office in Aurora:

Mortgage Alliance Accumetrix

15403 Yonge Street,

Aurora, ON

Mortgage Alliance is now in its third decade and ranks among the country's largest full-service mortgage networks, counting more than 2,400 mortgage professionals, together handling financing for over 45,000 Canadians every year. Its franchise model pairs the lender access that comes with network scale with the direct, one-on-one service of an independent local brokerage.

Nobody in Canada can call themselves a mortgage broker or agent without a licence from their province's regulator; it's not an informal title. In Ontario, that oversight falls to the Financial Services Regulatory Authority of Ontario (FSRA), which licenses and supervises both brokers and agents.

How to become a mortgage broker in Ontario?

Becoming a licensed mortgage agent in Ontario starts with completing an FSRA-approved education program, after which a candidate needs a licensed brokerage willing to sponsor their licence before they can practise. The baseline requirements are:

• At least 18 years old
• A resident of Canada
• Passed an FSRA-approved mortgage agent course and exam
• Sponsored by a licensed brokerage

New agents start out at Mortgage Agent Level 1, working with most lenders but under supervision. From there, more coursework opens the door to Level 2, and eventually a full Mortgage Broker licence, which comes with the added responsibility of overseeing agents and running a brokerage. Brokerage licences don't expire outright, but they do come with an annual regulatory fee, and every brokerage is required to carry errors and omissions insurance while following FSRA's standards of practice.