Top 8 Mortgage Brokerages in Richmond

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. Because they deal with many lenders at once rather than a single institution, they can often negotiate terms that a bank branch will not put on the table. Richmond sits on Lulu Island in the Fraser River delta, roughly 15 kilometres south of downtown Vancouver, and is home to over 240,000 residents, Vancouver International Airport, and eight Canada Line stations. Home prices in Richmond remain among the highest in Metro Vancouver, and on loan sizes that large, a difference of even a quarter of a percentage point compounds into thousands of dollars across a single term. Listed below are some of the online and local brokerages serving Richmond, British Columbia.

Butler Mortgage

Founded in 1995, Butler Mortgage runs its national head office in Toronto and a separate British Columbia head office on West Georgia Street in Vancouver, from which it serves Richmond and the rest of the Lower Mainland. The brokerage tracks pricing across more than 350 lending partners and buys rates down by giving up part of its own commission, which is how it advertises some of the lowest numbers in the market. Files are completed by phone, email, and document upload, so a Richmond borrower never needs to travel to a branch.

Four separate promises sit behind the pricing. The Up-Front Rate Guarantee commits the brokerage to match or beat any lower rate a client brings in, or pay $500 at closing. The After-Approval Rate Guarantee lets an approved borrower switch to a competing lender at no cost if a rate at least 0.1% lower appears before closing and the original lender refuses to follow it. A RateGuard Approval holds a rate for up to 120 days and drops it automatically if the market moves down. Financing offered includes:

• Home purchase mortgages
• Renewals and transfers
• Refinancing and home equity solutions
• New construction and Purchase Plus Improvements

• Second mortgages
• Self-employed mortgages and low-documentation financing
• Credit repair programs

CanWise

CanWise is a Canadian mortgage lender owned by Ratehub Inc., while Ratehub.ca operates as the company's mortgage brokerage. CanWise offers mortgages across most Canadian provinces and territories. CanWise registers its mortgages as standard charges rather than collateral charges. This can make it easier to transfer the mortgage to another lender at renewal, although fees may still apply.

Its New to Canada program is built for recent arrivals, covering permanent residents with a down payment above 5% and non-permanent residents with a down payment above 10%, including applicants without an established Canadian credit history. Products come with features such as mortgage porting, bridge financing, annual lump-sum prepayments, and the option to increase regular payments. Mortgage solutions cover:

• Purchases and first-time buyers
• Renewals and transfers
• Refinancing
• Vacation and second homes

• Newcomers to Canada
• Separation and divorce
• Business owners and self-employed borrowers

MortgagePal

MortgagePal is a digital brokerage that serves all of British Columbia, including Richmond, with its mortgage process being entirely online. Its distinguishing feature is choice at both ends: the website lists more than 30 mortgage agents and lets an applicant pick the one they want to work with up front, and once an application is in, the agent comes back with a shortlist of lender options rather than a single recommendation. The borrower selects a lender, and the brokerage then pushes that file through to approval.

The brokerage works with banks, credit unions, and monoline lenders that deal only through the broker channel, and because it funds a high volume of files, it gains access to promotional pricing that individual lenders reserve for their larger partners.

Guaranti Mortgages

5599 No. 3 Road, Units 635 & 640,

Richmond, BC

Established in 2015 and headquartered in Richmond, Guaranti Mortgages is the lending arm of a wider group that also runs a financial planning practice, an insurance division, and a construction and development company. That structure is unusual for a brokerage this size, and it means a client can arrange a mortgage, review their insurance coverage, and get advice on a development project through the same firm. The group reports having approved over $1.5 billion in mortgages. The team covers residential and commercial mortgages, private lending, renovation financing, first-time purchases, renewals, refinancing, and home equity borrowing, and serves clients in English, Cantonese, and Mandarin.

Fanson Capital Group

8400 West Road, Unit 1215

Richmond, BC

Fanson Capital Group is a Richmond-based mortgage brokerage with another office in Vancouver. It works with more than 100 lending institutions, including banks, credit unions, and private lenders. The firm has separate residential, commercial, and project-financing divisions. Its residential services include purchases, renewals, refinancing, and second and third mortgages. Its commercial and project services include property acquisitions, construction financing, bridge loans, land financing, and development loans. Clients can begin an application by phone, email, or through the brokerage's website.

Amber Financial Services

6388 No. 3 Road, Suite 700

Richmond, BC

Established in British Columbia in 2015, Amber Financial Services provides mortgage brokerage and mortgage-investment services. It works with more than 30 financial institutions and is also connected to Amber Mortgage Investment Corporation. The firm offers first and second mortgages, bridge loans, land and construction financing, equity takeout loans, and commercial mortgages. Financing is available for residential, multi-family, land, and commercial properties, mainly in British Columbia and Ontario. Amber reports more than $500 million in total loan volume over its first 10 years. Applications and enquiries can be submitted through its website or Richmond office.

Riverside Mortgage Group

3888 Broadway Street

Richmond, BC

Paragon Riverside Mortgage Group is based in Steveston and serves borrowers in Richmond and the surrounding Lower Mainland. It offers residential and commercial mortgage financing through a range of institutional and private lenders. Services include home purchases, renewals, refinancing, construction loans, investment-property financing, self-employed mortgages, and private lending. Private mortgages may carry higher rates and lender fees because they are generally used for applications that do not meet traditional lending requirements. Borrowers can contact the Broadway Street office by phone or submit an online enquiry.

Several mortgage broker networks in Canada bring together independently operating offices and mortgage professionals who share access to the rates, lender relationships, and tools the network supplies. Joining one lets an office reach dozens of lenders without negotiating an agreement with each of them separately, and adds support with technology, compliance, marketing, and training. A number of the brokerages serving Richmond work under a national banner, including the network described below, which is shown alongside its Richmond member office.

Mortgage Architects

The Seltzer Team – Mortgage Architects

11871 Horseshoe Way, Unit 1117

Richmond, BC

Mortgage Architects, commonly shortened to MA, is licensed in every Canadian province and gives the brokers in its network access to more than 50 lending partners. Its head office is in Mississauga, with regional corporate offices in Vancouver, Calgary, Laval, and Halifax. Borrowers can get pre-qualified in under a minute through the network's My Mortgage Planner app, which also carries affordability and comparison tools. Alongside residential lending, the network arranges equipment leasing for business clients. Mortgage Architects is a subsidiary of the DLCG Mortgage Group.

Mortgage brokering is a licensed occupation across Canada. In British Columbia the regulator is the BC Financial Services Authority (BCFSA), which registers brokers and publishes a database borrowers can search to confirm who is authorized. Note the local vocabulary: under the Mortgage Brokers Act, "mortgage broker" means the business entity, while the individuals working for it are "submortgage brokers."

The Mortgage Services Act replaces it on 13 October 2026, moving the industry from registration to licensing, with separate licences for brokerages, principal brokers, and individual brokers.

How to become a mortgage broker in British Columbia?

Under the current system, a new applicant generally must:

• Complete the UBC Sauder School of Business mortgage brokerage course, the standard BCFSA-approved education program, and pass its three-hour exam at 65% or better
• Find employment with a registered brokerage to sponsor the application
• Provide a criminal record check dated within six months, photo ID, and five years of employment history
• Apply through BCFSA's IRIS portal and pay the $1,500 fee, then renew every two years

Registration in that course closed on 15 July 2026; the replacement Mortgage Services Licensing Course opens on 4 August 2026.