Top 26 Mortgage Brokers in Greater Toronto Area
There are over 1,160 licensed mortgage brokerages across Ontario, with a large concentration based in the Greater Toronto Area. To help you find the right mortgage broker for your needs, we have compiled a list of the top 25 mortgage brokerages in the Greater Toronto Area. First, we’ll take a look at the summary of the best GTA mortgage brokerages. Then, we’ll go into further details, as well as look at the largest mortgage broker franchises operating in the Greater Toronto Area.
Quick Picks
- Butler Mortgage: If you're looking to get the best rate from over 350 lenders, Butler Mortgage is the brokerage for you. They offer a wide variety of mortgage types, and have guarantees such as having the lowest rate, closing after verified approval, and even an after-approval lowest rate guarantee.
- nesto: This broker has the longest rate hold in Canada, up to 150 days for some mortgages, that lets you lock-in a mortgage rate today after pre-approval. As a mortgage broker in Toronto that also operates across Canada, nesto uses salaried advisors so that you get unbiased support, and being digital means that mortgage applications are easy and convenient.
- Northwood Mortgages: Founded in 1990, Northwood Mortgages is a local Toronto mortgage broker that has been providing Canadians with mortgages and financing solutions for more than three decades. It's also one of the largest brokerages in the GTA.
Top Mortgage Brokers in Toronto
Toronto Online Brokerages with Competitive Rates
Butler Mortgage is a mortgage brokerage based in Toronto that has been in the business for over 27 years. They offer a wide range of mortgage products, with a guarantee of having low rates with good customer service. Butler Mortgage claims to be the only mortgage provider that tracks every prime lender in Canada, which means that customers can get the best rate from over 350 mortgage lenders all from one brokerage.
Butler Mortgage offers various guarantees to back up their low rates. Their Up-Front Rate Guarantee means that if you find a lower rate, Butler Mortgage will beat that rate or give you $500 at closing. If you find a lower rate after your Butler Mortgage approval but before closing, their After-Approval Rate Guarantee means that you can switch to the lender offering the lower rate if your current lender won't match it, and if the rate is at least 0.1% lower than your current rate.
Types of mortgages and financing options offered by Butler Mortgage include:
- Purchase
- Refinance
- Renewal
- HELOC
- Self-Employed
- Investment Property
- Vacation/Second Home
- Purchase Plus Improvement
- Construction
- New to Canada
If you're looking to lock-in a mortgage rate, Butler Mortgage's RateGuard Approval locks in your interest rate for up to 120 days. If rates decrease during this time, your rate will also decrease. You can also get a Verified Approval Letter from Butler Mortgage. If you aren't able to close on the home but you had gotten a Verified Approval Letter from Butler Mortgage, then Butler Mortgage will pay you $1,000.
Butler Mortgage's head office is located in Toronto. Their other Ontario branch locations are in Hamilton and Ottawa. They also have branches in Vancouver, British Columbia and Calgary, Alberta.
nesto is a digital mortgage lender that uses salaried mortgage advisors so that they remain independent and unbiased. Based in Montreal, nesto operates across Canada.
Other special features offered by nesto is their 150-day rate hold. This locks in a mortgage rate for up to 150 days for certain mortgage types, which is the longest rate hold in Canada. Major banks usually have a rate lock period of up to 120 days.
Another feature is nesto's cash back mortgage, which gives you back 1% of your mortgage, up to $13,750, for a 5-year term. You can then use this cash for anything, such as for closing costs, to pay debts, or to invest.
As a digital company, you'll complete your mortgage application online. You can call to speak with a mortgage advisor before completing your online application.
Based in Toronto, Ontario, Frank Mortgage is a digital mortgage brokerage that provides mortgage solutions across Canada. Founded in 2019, the company aims to simplify the mortgage process by combining technology with licensed mortgage advisors. Frank Mortgage helps borrowers access a range of mortgage options from multiple lenders, including first-time homebuyer mortgages, refinancing, and investment property financing. The brokerage focuses on offering competitive rates and a streamlined online experience that allows borrowers to compare options and complete much of the application process digitally. Customers can also connect with mortgage advisors for guidance throughout the process.
True North Mortgage believes in making it easy for borrowers to get a mortgage, whether that is online, over the phone, or at a physical office. That's why True North Mortgage has 12 stores across Canada that let you meet with mortgage brokers and agents in-person, three of which are in Toronto. True North Mortgage's Toronto locations are located in the Richmond Adelaide Centre, King Street, and Mississauga.
Mortgages offered by True North Mortgage in Toronto include:
- Vacation and Secondary Homes
- Investment Properties
- Purchase Plus Improvements
- Newcomers to Canada
- Non-Resident Mortgage
- HELOCs
- International Home Purchases
- Self-Employed Mortgages
- Reverse Mortgages
True North Mortgage claims to save borrowers an average of $3,000 with their low rates. Just like other mortgage brokerages in Toronto, if you can find a lower rate, then True North Mortgage has a best-rate guarantee. They'll give you $500 if they can't beat a lower rate for a similar mortgage, within seven days of your mortgage application.
For borrowers looking for a low rate, True North Mortgage's Rate Relief is a 6-month fixed rate mortgage that offers a low rate in exchange for renewing into a longer term with THINK Financial. If you don't renew your 6-month Rate Relief mortgage with THINK Financial, then you'll have to pay a 1% fee.
CanWise is a mortgage lender, with their brokerage arm being named as Ratehub. CanWise works with 16 lenders and operates in eight provinces and territories. Mortgages that CanWise offers are:
- Purchase
- Pre-Approval
- Refinance
- Renewal
- Divorce
- Vacation/Second Homes
- New to Canada
- First-time Home Buyer
- Self-Employed/Business for Self
Features that CanWise offers include bridge financing and mortgage porting. You can make prepayments of up to 20% of your original mortgage principal each year without mortgage penalties, or increase your regular payment by 20%.
What is a mortgage broker?
A mortgage broker is a licensed professional that works with borrowers to find the best mortgage loan for them. They work for a mortgage brokerage. Mortgage brokers have access to numerous lenders, which means that they can compare rates and mortgages to help you get the best deal possible. This simplifies the process of finding the best mortgage rate.
Popular Toronto Mortgage Brokerage Franchises
| Brokerage/Lender | Description |
DLCG Mortgage Group | |
| Canada's largest franchise mortgage brand with 2,900 professionals and 17 offices in Toronto. Part of the DLCG group that has 9,000+ agents across 500+ locations. | |
| A DLCG subsidiary with almost 300 locations across Canada and over 900 professionals in the GTA, offering residential and commercial mortgage solutions. | |
| A DLCG brand focused on independent brokers, offering flexible mortgage products, including equipment leasing across all Canadian provinces. | |
| A licensee of Mortgage Architects operating in all ten provinces, providing rate comparisons and a broad range of mortgage products, including cash-back and reverse mortgages. | |
| A DLCG-affiliated brokerage with 350+ agents across Ontario, designed for experienced brokers seeking high commission payouts and low affiliation fees. | |
M3 Financial Group | |
| One of Canada's largest national brokerages, with brokers in every province, helping Canadians with their mortgage needs since 1989. | |
| A national brokerage affiliated with Mortgage Intelligence under M3, with brokers in every province and access to 50+ lenders, including major banks and credit unions. | |
| An M3 brand licensed in every province, with five offices across Canada offering residential, investment, and commercial mortgage products. | |
| A network of 230+ independent mortgage business owners, originating over $18B in mortgages annually for 45,000+ households. | |
Others | |
| One of Canada's largest independent mortgage brokerages, operating since 1990 with over 1,900 brokers nationally and access to 50+ lenders nationwide. | |
| A Canadian-owned franchise network with 2,200+ professionals across 200+ locations, also offering leasing and mortgage insurance products. | |
| One of Canada's largest private mortgage lenders, founded in 2005, specializes in alternative financing for borrowers who don't qualify with traditional lenders. | |
DLCG Mortgage Group is Canada's largest franchise-based mortgage network, and Dominion Lending Centres is its namesake brand. The DLCG group has over 9,000 agents across 500+ locations. Of that, Dominion Lending Centres has 2,900 mortgage professionals with a strong presence across Ontario. Dominion Lending Centres has access to hundreds of mortgage lenders.
The Mortgage Centre has 1,800+ brokers across 250+ office locations and 127+ franchises from Atlantic Canada to British Columbia.
Based out of Mississauga, The Mortgage Centre is a Mississauga mortgage broker that offers mortgage options ranging from cottage and vacation homes, investment properties, land, and commercial mortgages, in addition to new purchase, refinancing, and renewing of residential mortgages.
Also headquartered in Mississauga, with offices in Vancouver, Calgary, Laval, and Halifax, Mortgage Architects gives you access to over 50 lenders. Mortgage Architects has an app, called My Mortgage Planner, that lets you get pre-qualified in less than 60 seconds. It also has tools to help you compare options and see how much mortgage you can afford.
Super Brokers, a licensee of Mortgage Architects, operates in all ten provinces and can compare the best rates from hundreds of lenders. Super Brokers offers an extensive range of mortgage products for both the GTA and across the country. This includes more unique options, such as blended rate mortgages, hybrid mortgages, convertible mortgages, interest-only mortgages, industrial and commercial mortgages, and land development financing.
Founded in 2006 and based in Hamilton, Real Mortgage Associates (RMA) has over 350 agents and brokers across Ontario. RMA is part of the DLCG Mortgage Group and offers residential, commercial, and investment property mortgages, with terms ranging from 6 months to 10 years.
M3 Financial Group is the largest non-bank originator of mortgages in Canada. Mortgage Intelligence, affiliated with Invis, is part of M3 Financial Group, with brokers across all provinces.
Invis was acquired by Group Multi-Prêts Mortgage Alliance to become the largest full-service mortgage brokerage in Canada with over 3,000 brokers. Now called the M3 Financial Group, Invis has access to over 50 lenders across the country, including provincial credit unions in Toronto and the GTA, to help you find the best rates.
Mortgage Alliance has franchises across Ontario, giving you access to numerous local mortgage brokers and agents, and works with over 60 lenders from major banks to private lenders. Besides residential mortgages, Mortgage Alliance also offers investment property mortgages and commercial mortgages.
VERICO originates over $18 billion in mortgages each year for 45,000+ households, making it a significant part of the M3 Mortgage Group. VERICO has over 3,800 mortgage advisors and 230+ franchised locations across Canada.
TMG The Mortgage Group has been operating since 1990 and works with over 50 lenders across Canada. They provide no-obligation pre-approvals at no cost, with a 120-day rate guarantee on pre-approved mortgages.
CENTUM has over 2,200 mortgage professionals and 200+ franchised locations across Canada. CENTUM won the Canadian Mortgage Awards' Broker Network of the Year in both 2021 and 2024.
Canadian Mortgages Inc (CMI) is headquartered in Mississauga and operates throughout Canada as one of the country's largest private mortgage lenders. Working exclusively through brokers with access to more than $1 billion in capital, CMI offers private mortgages, second mortgages, bridge financing, and home equity solutions for borrowers who don't qualify with traditional lenders.
Local Toronto Mortgage Brokerages
Joe Purewal Mortgages is an award-winning mortgage broker with more than two decades of experience, serving clients in Mississauga, Toronto, and throughout the GTA. Known for solving difficult mortgage challenges, Joe specializes in bank declines, self-employed mortgages, bad credit, debt consolidation, tax arrears, and other unique financial situations. Joe and his Team also assist with purchases, renewals, refinancing, investment properties, and mortgage pre-approvals, delivering personalized advice tailored to each client's goals. With access to a wide network of lenders, Joe and his team find solutions where others may not. As of July 2026, Joe Purewal has earned over 950 five-star Google reviews and is recognized as one of Mississauga's most trusted mortgage brokers, helping thousands of clients achieve their homeownership and financial goals.
Rakhi Madan Mortgage Broker, is a top-rated mortgage brokerage serving Brampton, Toronto, and the GTA. With over 15 years of experience, the lead broker, Rakhi, has earned multiple awards, including CMP Broker of the Year and Reader's Choice. The brokerage boasts a five‑star Google rating after over 400 reviews (as of June 2025). The brokerage offers access to over 50 leading Canadian lenders, including major banks, credit unions, and private lenders, and more than 7,200 mortgage products. Services range from first‑time homebuyer programs and renewals to refinancing, self‑employed mortgages, newcomer solutions, investment and specialty mortgages. The brokerage prioritizes personalized guidance, ongoing support beyond closing, and helping clients build wealth through smart mortgage strategies.
CornellMortgages.ca is led by Cornell K. Haynes, an Independent Mortgage Agent, Level 2 with NCompass Financial Inc., licensed under R.D.M. Financial Consultants Ltd. Cornell Mortgages specializes in commercial real estate mortgage lending and also provides detailed guidance on residential mortgages across Ontario. With office locations in Scarborough and Oakville, the firm focuses primarily on the GTA, Hamilton/Niagara, and Southwestern Ontario.
Clients can apply online or use the My Mortgage Centre mobile app to plan their mortgage, compare scenarios, and submit applications digitally.
Cornell works with banks, monoline lenders, credit unions, life companies, and private lenders, allowing for tailored solutions across a wide range of borrower profiles.
For residential borrowers, access to rate specials and strong lender relationships helps secure competitive terms, while also prioritizing important features such as portability, assumability, and flexible prepayment options. On the commercial side, Cornell focuses on income-producing properties, typically with a minimum deal size of $500,000, and is committed to exploring all viable lending avenues before stepping away from a file.
Mortgage Squad Advisors is an Ontario mortgage brokerage with over 20 years in business. Whether a borrower is looking to buy their first home, refinance, renew, invest, or needs a private, alternative, commercial, or construction mortgage, the brokerage team offers the best options from a wide network of lenders and guides them through the process from start to finish. As of June 2026, the brokerage holds a 4.9 Google rating after 234 reviews.
The brokerage has an AI-powered advisor, Maya, that can answer mortgage questions in less than 30 seconds. Mortgage Squad Advisors focuses on clear advice, competitive mortgage rates, fast communication, and practical solutions for every type of borrower, including self-employed clients, newcomers to Canada, investors, business owners, and clients with unique income or credit situations. The brokerage suggests that its goal is to make the mortgage process easier, more transparent, and better suited to clients' financial goals.
The brokerage serves borrowers in the Greater Toronto Area and the rest of Ontario. Mortgage Squad Advisors can help borrowers compare rates, understand their options, and move forward with confidence, with service that feels personal.
Nuborrow is a local Toronto mortgage brokerage based out of Vaughan, Ontario, operating in Ontario and British Columbia. Accredited by the BBB with an A+ rating, Nuborrow offers an entirely online mortgage process, including application and signing. They offer a wide range of mortgage options, including vacation home mortgages, self-employed mortgages, and rental purchase mortgages.
Northwood Mortgage is an experienced mortgage brokerage founded in 1990, making it one of the largest mortgage brokerages in the GTA with over 30 years of experience. Their head office is located in Markham, with a staff of over 100 licensed mortgage agents and brokers.
8Twelve Mortgage Corporation was founded in 2018 with three Ontario mortgage agents and has since expanded to all major provinces across Canada. They have won numerous awards including CMP Top 75 Brokers, and the 2022 Canadian Mortgage Awards for Digital Innovation in a Brokerage and Brokerage of the Year (25 Employees or More). Their head office is located in Markham, Ontario.
MonsterMortgage is a licensed mortgage brokerage from Toronto, Ontario with over 25 years of experience. MonsterMortgage has been the winner of the Canadian Mortgage Awards' Mortgage Brokerage of the Year three times, and is a regular presence on CP24's "Hot Property" show.
Cannect is a Toronto mortgage brokerage that focuses on subprime borrowers. This includes those with bad credit or low income. As an alternative mortgage broker, they position themselves as an alternative to the big banks. Cannect is also a Mortgage Investment Corporation (MIC), and allows investors to invest in mortgages through RRSPs, TFSAs, RESPs, or personal un-registered investment accounts.
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