Top 10 Mortgage Brokerages in Niagara Falls & St. Catharines

WOWA® Simply Know Your Options

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. These brokers are paid a commission of 0.5% to 1% of the mortgage amount. The lenders pay this commission, and the borrowers are not required to pay anything. Niagara Falls and St. Catharines are the largest cities in the Niagara Region, a market known for its wineries, tourism, and growing appeal to first-time buyers and retirees relocating from the more expensive parts of the Greater Toronto Area. Working with an experienced local broker can make a meaningful difference and save tens of thousands of dollars over a mortgage term for borrowers. Listed below are some of the top brokerages that serve Niagara Falls and St. Catharines.

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 Ontario, including Niagara Falls and St. Catharines. Mortgages can be completed conveniently over the phone from anywhere in the province, so distance from a physical office is not a barrier for Niagara borrowers. However, borrowers can also choose to visit their Hamilton office in person.

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. What sets Butler apart is its layered set of guarantees. 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, and it also offers an after-approval rate guarantee so clients keep benefiting if rates drop before 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

Joe Purewal Mortgages

Joe Purewal Mortgages is an award-winning mortgage brokerage with more than two decades of experience, serving clients across Ontario, including the Niagara Region. Operating under Invis Mortgage Intelligence, the brokerage has helped over 10,000 clients secure financing, backed by hundreds of five-star reviews.

Its distinguishing strength is solving difficult files that other brokers turn away. The team specializes in bank declines, self-employed income, credit challenges, second mortgages, private financing, tax arrears, and debt consolidation, alongside standard purchases, renewals, refinancing, investment properties, and pre-approvals. Borrowers can reach the team by phone, email, or through an online inquiry.

CanWise

CanWise is the in-house mortgage arm of Ratehub.ca, one of Canada's leading online brokerages. Founded in 2014, CanWise is both a CMHC-approved mortgage lender and, through the Ratehub.ca brokerage, a fully online service that reaches Niagara Falls and St. Catharines borrowers from anywhere. The brokerage rebranded its brokerage operations to Ratehub.ca in 2022, while CanWise offers its rates exclusively through the Ratehub marketplace.

Wilson Mortgage Team

50B Front Street S,

Thorold, ON

Wilson Mortgage Team serves borrowers throughout Niagara and Southern Ontario through Dominion Lending Centres FC Funding. The team brings together more than 65 years of combined experience in mortgage brokering, banking, underwriting and lending. It reports more than 160 five-star reviews, access to over 90 lending partners and recognition among the top 5% of Canadian mortgage professionals. The team assists with purchases, renewals, refinancing, debt consolidation, alternative and private mortgages, reverse mortgages and commercial financing. Borrowers can book a strategy call, apply online or visit the Thorold office.

Niagara Mortgages

125A Russell Avenue

St. Catharines, ON

Niagara Mortgages is a brokerage that operates under the Mortgage Architects network. The brokerage follows an education-first approach, making sure clients fully understand their mortgage, not just the rate. The brokerage handles home purchases, renewals, refinancing, investment properties, debt consolidation and private financing. The firm also publishes monthly Niagara housing and mortgage-market updates using regional real estate data, helping clients understand how local conditions may affect their financing decisions. Borrowers can connect by phone, email or through an online application.

RADmtgs

#3 - 3521 Portage Road

Niagara Falls, ON

RADmtgs is the Niagara Falls practice operating under Indi Mortgage. Working with over 100 lenders, the brokerage offers a clear, three-step process built around listening to the client's goals, cutting through the noise of rates and terms, and handling the details from application to close. Its personalized process is built around understanding the borrower's goals, explaining the available rates and terms, and managing the application through closing. They assist with purchases, refinancing, renewals, first-time buyers, investment properties, self-employed and new-to-Canada clients, divorce and separation, credit issues, construction financing, and debt consolidation. Borrowers can apply online or book a call directly with the principal broker.

Luxe Lending Corp

4551 Zimmerman Avenue

Niagara Falls, ON

Luxe Lending Corp is a Niagara Falls–based boutique brokerage that is affiliated with Pineapple Financial. The firm emphasizes personalized service and a transparent process, using the phrase "what you see is what you get" to communicate its commitment to avoiding hidden fees or unclear terms. Luxe works with lending partners that support a fast, simple and secure application process and provides tailored solutions for first-time buyers, self-employed borrowers and newcomers to Canada. Services include pre-approvals, purchases, renewals, refinancing, debt consolidation and credit-related mortgage solutions. Borrowers can contact the brokerage by phone or submit an online inquiry.

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 Niagara Falls and St. Catharines operate under these national networks. Below are three of the largest, each represented by a member firm that serves the Niagara area.

TMG - The Mortgage Group

TMG Office in Niagara Falls:

Dave DeStefano

6293 Thorold Stone Road,

Niagara Falls, ON

TMG The Mortgage Group is one of Canada's largest independent full-service mortgage brokerages, operating since 1990. Its network of over 1,900 independent mortgage professionals nationwide has access to over 50 lenders for both residential and commercial financing. TMG also offers proprietary technology, professional training, compliance assistance and a dedicated deal centre for complex applications. Applications can be made both online and in person.

Dominion Lending Centres

Dominion Lending Centres Office in St. Catharines:

Kevin Liddiard, B.A.

145 Carlton Street, 2nd Floor,

St. Catharines, ON

Dominion Lending Centres ranks among Canada's biggest brokerage networks, with thousands of mortgage professionals working out of hundreds of 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, including its own mobile app, 'My Mortgage Toolbox.' To keep them current with industry standards, DLC also runs regular training. The brokerages in the network handle a full range of mortgage needs, from purchases and renewals to refinancing, home equity, and commercial financing.

Real Mortgage Associates (RMA)

Real Mortgage Associates Office in Niagara Falls:

Irma & Tina Sebastiano

4725 Dorchester Road, Unit B4,

Niagara Falls, ON

Real Mortgage Associates is an Ontario-based brokerage network affiliated with DLCG Mortgage Group. RMA is built for experienced mortgage professionals, letting agents keep more of their commissions while drawing on a full platform of lenders, technology, and back-office support. Its brokers have access to more than 50 lenders, including banks, trust and insurance companies, and private lenders, and handle purchases, refinancing, renewals, and commercial financing. Applications can be made both online and in person.

Mortgage brokering is a licensed profession in Canada, and in Ontario, brokers and agents are licensed and regulated by the Financial Services Regulatory Authority of Ontario (FSRA). To become a licensed mortgage agent, an individual must be at least 18, a resident of Canada, complete an FSRA-approved education course and pass the exam, and be sponsored by a licensed brokerage. Agents begin at the Mortgage Agent Level 1 licence, working with most lenders under supervision, and can complete further education to reach Level 2 and eventually a Mortgage Broker licence, which carries added responsibility for supervising agents and the brokerage. Brokerage licences are continuous but require an annual regulatory fee, and every brokerage must carry errors and omissions insurance and follow FSRA's standards of practice.