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15 Best Mortgage Brokers in Toronto

15 Best Mortgage Brokers in Toronto
We extensively test and research all services we review. Here's why you can trust us.

In Toronto, where the real estate market can be as dynamic as the city itself, having the right mortgage broker is your secret weapon, especially for first-time buyers.

From understanding down payments to deciphering credit scores, Toronto’s best mortgage brokers are here to help. We compiled the most awesome mortgage brokers in town who are ready to make your homeownership dreams come true! 

How much are mortgage broker fees in Toronto?

Mortgage broker fees in Toronto typically range from 0.5% to 1.2% of the total mortgage amount. 

Additional charges, specific to each broker, are optional for the client.

How We Chose the Best Mortgage Brokers in Toronto

Client Satisfaction: We selected mortgage brokers based on client feedback and satisfaction, ensuring they consistently provide excellent service.
Market Knowledge: We chose brokers with extensive market knowledge –  those who stay up-to-date with the latest trends in the dynamic Toronto real estate market.
Communication Skills: We picked brokers with excellent communication skills, emphasizing their ability to explain complex mortgage terms in a clear manner.
Transparency: We selected brokers known for their transparency in fee structures and mortgage terms.
Negotiation Skills: We chose brokers with strong negotiation skills who can secure the best possible mortgage rates and terms for their clients.
Accessibility: We selected brokers who are easily accessible and responsive.
Experience: We preferred brokers with a proven track record and years of experience in the Toronto real estate market.
Referral Network: We selected brokers with a robust referral network, indicating their strong reputation and trust within the real estate and financial communities.
Ethical Practices: We preferred brokers committed to ethical practices, ensuring they operate with integrity and prioritize the best interests of their clients.

1. True North Mortgage

Business Address: 145 King St W, Toronto, ON M5H 1J8


Instagram: Canada’s Best Mortgages (@truenorthmortgage)

Phone Number: (416) 640-5675

Business Hours: Mon – Fri: 9 AM – 5 PM

True North Mortgage was founded in 2003 by CEO Dan Eisner. It started from Dan’s mission to provide good-credit Canadians with lower interest rates and more flexible mortgage solutions than traditional banks could offer.

Unlike other brokerage firms, they have salaried, non-commissioned mortgage specialists nationwide. Plus, they’re the first brokerage to become an official CMHC-approved lender through THINK Financial.

For first-time buyers, they provide a free downloadable buyer’s guide and user-friendly online mortgage calculators and tools. Applying online is also made easy with a streamlined form that targets your specific situation. 

Another bonus for first-time homeowners is their familiarity with federal and provincial programs and rebates. These include the First Home Savings Account and First-Time Home Buyer Incentive program. 

Their unique rate guarantee invites you to shop around, and if you find a better rate, they’ll not only match it but also give you $500. 


  • Over 20 years of experience
  • Has salaried, non-commissioned mortgage specialists
  • 1st brokerage to become a CMHC-approved lender
  • Free online buyer’s guide and mortgage calculators 
  • Familiar with federal and provincial programs and rebates
  • Has a rate guarantee


  • Reports of rude brokers
  • Limited service area

Exceptional service and speedy mortgage setup

“Exceptional service and speedy mortgage setup. Dear Robert Dang. I wanted to take a moment to express my deepest gratitude for your outstanding service in setting up my mortgage. Your swift action and dedication in such a short timeframe truly amazed me. I genuinely appreciate everything you’ve done; your excellence and professionalism have made this process seamless and stress-free for me. Your commitment to ensuring that my mortgage was set up efficiently is commendable. I am incredibly satisfied with the service I received, and I would wholeheartedly recommend your expertise to anyone seeking a mortgage. Your exceptional work deserves recognition, and I’m grateful to have had the opportunity to work with you. Thank you once again for your incredible support and for making this experience a positive one. Warm regards.”

– Mo, Google Review

Incredibly helpful in securing a decent rate 

“Robert Dang from True North Mortgage was incredibly helpful in securing a decent rate for my mortgage renewal, amid the rising rates. He was patient and answered all my questions (as many times as it took!), making me feel very comfortable with the process. Thank you, Robert!”

– Olga Mudrachenko, Google Review

2. Monster Mortgage

Business Address: 20 Holly St Suite 302, Toronto, ON M4S 3B1


Instagram: (

Phone Number: (416) 480-0234

Business Hours: Mon – Sun: Open 24 hours

For over two decades, has been the go-to for Canadians seeking the key to living their “Monster” or best life. Since 1997, they’ve helped over 100,000 individuals receive their dream home.

Their agents are regulars in the show Hot Property on CP24, and you’ll also spot them in the media such as Globe & Mail, National Post, and Canadian Real Estate Magazine.

They even received the Canadian Mortgage Award’s Mortgage Brokerage of the Year three times.

Working with over 20 lenders, including major banks, allows them to provide great mortgage rates and terms tailored to your needs.

First-time buyers can also benefit from their VIP Realtor Program. This collaboration with the Corbo Kelos Group offers a 1% cash rebate of your mortgage amount.

Additionally, they’re quite charitable. Since 2006, they’ve actively contributed to the annual Toronto Challenge and helped raise over $5 million for Toronto.


  • Over 20 years of experience
  • Has helped over 100,000 individuals
  • Three-time winner of CMA’s Mortgage Brokerage of the Year 
  • Works with over 20 lenders
  • Has a VIP Realtor Program
  • Helped raise over $5 million for Toronto


  • Reports of brokers with an attitude
  • Lack of responsiveness

You are in the best hands with Monster Mortgage

“My experience working with Dave and Sean from Monster Mortgage has been incredible. It was difficult to find someone to finance a rural property with my financial particulars, yet Dave and Sean made it happen. Acquiring my dream home would not be possible without them. They were honest, informative, communicative, fair, and amazingly helpful throughout the entire process. I am so grateful. You are in the best hands with Monster Mortgage.”

  – Lynn N, Google Review

Fantastic to work with

“Nuno Mano of Monster Mortgage was fantastic to work with. He was personable, knowledgeable and efficient with his communications. I would highly recommend him and will be going back to him when I sign on for another mortgage. Thanks Nuno!”

– Jeff Nixon, Google Review

3. Paul Meredith Team

Business Address: 110 Sheppard Ave E #640, North York, ON M2N 6Y8


Instagram: Paul Meredith – Mortgage Broker (@paulmeredithteam)

Phone Number: (647) 368-5009

Business Hours: Mon – Fri: 9 AM – 6 PM

Tired of subpar mortgage experiences, founder Paul Meredith envisioned a better way and entered the mortgage business in 2007. 

Since then, he has been listed as one of Canada’s top 75 mortgage brokers by CMP Magazine and was also a finalist for Mortgage Broker of the Year from 2019 to 2022. He also shares his mortgage knowledge in his Amazon bestselling book.

His team specializes in assisting clients previously turned down by lenders and those seeking hard-to-place mortgages.

Unlike lending institution employees, they can tailor the best package from a wide range of products – be it with a Chartered Bank, Trust, or Insurance Company.

For first-time buyers, they offer free online tools like mortgage calculators for affordability, payments, and renewal, along with CMHC and land transfer tax calculators.

They also donate a portion of all mortgage proceeds to The Canadian Alliance To End Homelessness. 


  • Over 15 years of experience
  • Received several awards
  • Founder has a bestselling book
  • Specializes in assisting clients seeking hard-to-place mortgages
  • Can tailor the best package from a wide range of products
  • Several free online tools
  • Donates to The Canadian Alliance To End Homelessness


  • Limited face-to-face meetings

Paul and his team are fantastic

“Paul and his team are fantastic. This is my second time working with them and they truly make mortgage shopping an easy task. Paul and Cassandra found me a great rate and worked late to ensure my application was submitted before the end of day. Normally I’d consider their urgency a sales tactic, but sure enough all rates went up overnight. The team is quick to respond and they always take the time to explain the terms and legal jargon. When mortgage shopping, at least give Paul a call to see what he can offer you; not just for the great rate, but the excellent service.”

– Kaylie Tse, Google Review

Paul treated our home buying process as if it was his own

“My wife and I decided to use Paul Meredith Team once again instead of our bank for the purchase of our dream home. Paul treated our home buying process as if it was his own, fully invested in supporting us along the way. He truly went above and beyond answering all of our numerous questions over a 2 year period, in which he never pressured us or wavered in his support.  Not only did Paul respond promptly to each of our inquiries, but he also brought things to our attention that we would not have otherwise known. Additionally he provided us with numerous options, including detailed benefits of each option. Paul empowered us to make a fully informed decision with confidence.  Thanks to Paul Meredith & Team, we finally get to enjoy our forever home.”

– Alex Diradour, Google Review

4. Cannect Home Financing Mortgage Broker

Business Address: 81 Navy Wharf Ct, Toronto, ON M5V 3S3


Instagram: Cannect Home Financing (

Phone Number: (416) 766-2666

Business Hours: Mon – Fri: 8 AM – 8 PM

        Saturday: 12 PM – 5 PM

Cannect Home Financing is led by founder and CEO Marcus Tzaferis. He is a sought-after media expert on mortgages, having shared his insights on platforms like CBC’s The National, The Financial Post, BNN Bloomberg, and CP24.

With 22 years in the mortgage business, Cannect has built a solid track record, having served over $4 billion in mortgages. 

First-time buyers can benefit from their free quote service, with new mortgage rates starting as low as 5.54%.

Setting themselves apart, Cannect adopts a conservative loan-to-value lending ratio. Due to this approach, not a single customer has defaulted on their mortgage in the company’s history.

Also, their direct-to-investor approach involves raising funds directly from investors, bypassing costly commissions for brokers and money managers. This strategy reduces expenses and maximizes returns for investors.

Plus, they strive to educate the public through their “Make Money Count Podcast.”


  • Founder has been featured on reputable platforms
  • 22 years of experience
  • New mortgage rates starting at 5.54%
  • Has a conservative loan-to-value lending ratio
  • Has a direct-to-investor approach
  • Operates a “Make Money Count Podcast”


  • Reports of rude brokers
  • Some hidden fees

Got our first mortgage, and we couldn’t be happier

“Got our first mortgage with Cannect and we couldn’t be happier with the service throughout the entire experience! Jason was super helpful, friendly, responsive and worked tirelessly to get us the best deal for our unique situation. He also did some financial coaching for us that really helped redirect our future financial health in a more meaningful way. I highly recommend Cannect to anyone looking for a mortgage or home equity loan!”

– Jessica Sinclair, Google Review

Wonderful customer service experience

“Jason G was very infomative and helpful. I wanted to assist my father and he went above and beyond to work things out for us. He answered all my questions.. even when I asked them three times. He was calm and knowledgable and his assistance was invaluable. You can really tell he cares and is in this to assist people the best he can. Once the deal was accepted he sent us on to his collegue and Anastasia was fantastic! Very clear around what was needed and responded very quickly to any and all inquires. When we had an issue with the e-signing she quickly found a solution and Justin Assisted us. From the moment we first spoke with Justin to the moment it closed and he checked in to ensure we were happy it was a wonderful customer service experience. I would recommend!”

– Stephanie Donia, Google Review

5. Home Mortgage Advice

Business Address: 4773 Yonge St Unit 3B, North York, ON M2N 5M5


Instagram: Home Mortgage Advice (@home_mortgage_advice)

Phone Number: +1 877-296-2696

Business Hours: Mon – Fri: 9 AM – 9 PM

        Saturday: 10 AM – 4 PM

Founded by mortgage broker, Dimitri Ivanov, Home Mortgage Advice takes pride in delivering tailored solutions. With a decade of experience, the company operates across southern Ontario, with agents stationed throughout Toronto and the GTA.

To provide clients with a diverse range of options at their disposal, they collaborate with over 50 lenders. These include reputable names like Canada Trust, Meridian, Street Capital, and First National.

For first-time homebuyers, their team helps plan for a new home, devises the right financing strategy, and provides the best available mortgage advice. 

Notably, they offer a zero-down mortgage opportunity for eligible candidates. To qualify, individuals must possess a stable income, excellent credit, and the ability to manage monthly mortgage payments and ongoing housing expenses comfortably.

They also offer a mortgage renovation financing option. This allows homeowners to embark on property improvements, enhancing the home’s value. 


  • Over a decade of experience
  • Collaborates with over 50 lenders
  • Specializes in assisting first-time homebuyers
  • Offers a zero-down mortgage
  • Has a mortgage renovation financing option


  • Reports of delayed responses

Has delivered exceptional results

“I’ve had the privilege of working with Dmitri Ivanov, a mortgage broker with an outstanding level of professionalism and expertise. We’ve utilized Dmitri’s services multiple times, and without fail, he has delivered exceptional results. His thorough understanding of the mortgage landscape, coupled with his dedication to providing top-tier service, ensures a seamless and stress-free experience. Dmitri consistently goes above and beyond to cater to his clients’ needs, making the mortgage process smooth and efficient. I wholeheartedly recommend Dmitri Ivanov for anyone seeking a reliable and knowledgeable mortgage broker.”

– Eka Simonova, Google Review

Highly recommended!

“After interviewing three different banks and a number of other mortgage brokers, we finally decided to go with HMA. 5 stars is too little, the degree of professionalism and attention to detail – not to mention landing us the best deal we had seen – is simply not found with any of the competition. I’ve told anyone interested in mortgages or loans to try these guys out and have a conversation, you never know how much you could save. Highly recommended!”

– Abteen Sanaee, Google Review

6. Mortgage for Less

Business Address: 120 Eglinton Ave E #500, Toronto, ON M4P 1H4

Website: Mortgage For Less

Instagram: Nick Mitskopoulos (@nick_mitskopoulos)

Phone Number: (416) 572-7655

Business Hours: Mon – Fri: 9 AM – 9 PM

        Saturday: 12 AM – 6 PM

Established in 1989, Mortgage For Less has been a premium mortgage broker brand for over three decades. In partnership with Safebridge Financial Group, they have access to over 30 reputable lenders and financial partners.

Their team of debt strategists educates clients on how to alleviate financial burdens and customize mortgages with features designed to save money.

They also help first-time homebuyers apply to enjoy eligibility for various government programs. For instance, through the Canadian Mortgage and Housing Corporation, one can purchase a home with a minimal 5% down payment.

As an added bonus, those who use their preferred Realtor Group can receive 1% cashback, up to $10,000.

An online home value tool that provides an estimated value for your property is also available on their website. 

As a member of Mortgage Professionals Canada, they adhere to a strict Code of Ethics overseen by Regional and National Ethics Committees.


  • Over 30 years of experience
  • Has debt strategists
  • Helps first-time buyers apply for government programs
  • Those who use their preferred realtor can receive 1% cashback
  • Has an online home value tool 
  • Mortgage Professionals Canada member


  • Comparatively limited number of lenders

He is exceptional, detail-oriented, and accessible 

“I have known Nick for years, he is not only my own personal mortgage broker but he has helped me with my clients. He is exceptional, he is detail oriented, he is accessible when you need him and he is always professional. As a realtor, your mortgage broker is of paramount importance. To have someone I trust implicitly brings peace of mind not only to me but to my clients. Nick has been in the business along time and he knows exactly how to navigate these difficult times!”

– Laura Fernandez, Google Review

Nick will be my mortgage guy as long as he’s in the biz

“All hail Saint Nick, the patron saint of mortgages! Seriously though, not only did he put up with my passive questions for almost a year before I actually pursued a mortgage, when we were finally ready to make an offer everything had happened so fast that we hadn’t done any of the pre-work and yet he and Fernando pulled it together right in time for us at a great rate. Our case was not straightforward – at all. I had about 4 million questions, random thoughts in the evenings and weekends, emergencies playing out in my head. All of these concerns were addressed and my mind put at ease again because of this wonderfully patient person. I know what a pain in the butt I am, and yet Nick and team were so patient and thorough with us. I don’t know if he’ll be happy or terrified to read this, but Nick will be my mortgage guy as long as he’s in the biz. Thank you, Nick and Fernando! You gents truly are phenomenal.”

– Rachel Bales, Google Review

7. Homewise

Business Address: 609 Marlee Ave, North York, ON M6B 3J6


Instagram: Homewise (@homewise_)

Phone Number: +1 866-846-9473

Business Hours: Mon – Sun: 8:30 AM – 9 PM

Homewise, founded by Jesse Abrams, is composed of finance, technology, and consumer experience experts. They’re firmly committed to offering a customer-centric approach, making the mortgage process as convenient as possible for them.

First, customers can go on their website for a quick 5-minute online application. They ask targeted questions to help understand your persona, allowing them to provide tailored mortgage solutions.

Then, they leverage their connections with over 30 banks and lenders, consistently saving borrowers over $10,000 on average. They also assign a dedicated Homewise Advisor to guide you at every step.

After a successful mortgage application, a unique referral link allows you to earn a $200 gift card when someone signs up and secures a mortgage through Homewise. Similarly, they’ll also get a $100 gift card.

They even collaborate with Trillium Housing to help provide homes to less fortunate Canadians.


  • Uses a customer-centric approach
  • Quick 5-minute online application
  • Saves borrowers over $10,000 on average
  • Assigns a dedicated Homewise Advisor 
  • Referral program
  • Collaborates with Trillium Housing


  • Reports of inefficient brokers

My first experience applying for a mortgage was extremely successful

“I’m pleased to say that my first experience applying for a mortgage was extremely successful and Vince and his team are very thorough and professional. we are very satisfied, good things about Vince, you get his reply very quickly. I Would absolutely recommend them to anyone. Well done and thank you!”

– S A, Google Review

Made the home buying experience a lot less stressful

“I was referred to Homewise through my builder. Vince Anton was very professional, right from the initial introductory call to the closing. He was able to provide me a good mortgage rate as well. All follow up emails were answered promptly and you could reach out anytime, with whatever home buying questions you had. Certainly made the home buying experience a lot less stressful. Five stars!!!”

– Narasimhan Jayaraman, Google Review

8. Get A Better Mortgage

Business Address: 642 The Queensway, Toronto, ON M8Y 1K5


Instagram: Get a Better Mortgage (@getabettermortgage)

Phone Number: (416) 252-9000

Business Hours: Mon – Fri: 8:30 AM – 5 PM

The owners of Get A Better Mortgage bring over 35 years of collective experience. Partner Mark Tamburro holds an MBA in Real Estate Finance, while Robert DiStefano has a background in finance and trust companies.

Partnering with reputable lenders such as Equitable Bank, Scotiabank, RFA, and Desjardins, Get A Better Mortgage allows clients to have various lending options.

Their online mortgage application process is designed for convenience. After completing the form, clients are given the benefits and expertise of their Professional Mortgage Advisors.

First-time buyers receive personalized attention from Get A Better Mortgage specialists who review current income and expenses. They assist in understanding how the new mortgage may impact monthly expenses.

For financial clarity, they also offer five online calculators, covering various aspects such as land transfer tax, affordability, renewal, and more. 


  • Over 35 years of collective experience
  • One of the founders has an MBA in Real Estate Finance
  • Partners with reputable lenders
  • Easy online mortgage application
  • Get A Better Mortgage specialists assist first-time buyers
  • Has five online calculators 


  • Lack of communication
  • Closed on weekends

We highly recommend Get a Better Mortgage

“Lisa Alphonso has been wonderful to deal with. Lisa helped find a solution for my 86 year old mother who can remain in her large home while we have a smaller home built for her. Through the entire process Lisa set our minds at ease. She was understanding, thoughtful and very kind. We highly recommend Get a Better Mortgage… specifically Lisa if you’re looking for a mortgage specialist.”

– Melanie Burch, Google Review

Provided exceptional service

“Lisa provided exceptional service as my mortgage broker. She went above and beyond to help me secure the best possible deal for my mortgage. She was professional, courteous, and very responsive to my questions and concerns. She also provided me with valuable advice and guidance throughout the process. My entire experience was smooth and stress-free. To my utmost surprise, Lisa continued to communicate with me even on the day of a medical procedure she underwent. I was blown away with this high level of dedication – one that I hadn’t experienced before. I appreciate your dedication and hard work, and I highly recommend her to anyone looking for a mortgage broker. Thank you for making my dream a reality. Overall I appreciate the exceptional service from the Get A Better Mortgage team and special thanks to Nikolina for her efficiency in initiating the process.”

– Jermaine, Google Review

9. Toronto Mortgage Financing

Business Address: 2320 Bloor St W, Toronto, ON M6S 1P2


Instagram: Toronto Mortgage Financing (@torontomortgagefinancing)

Phone Number: (647) 896-2233

Business Hours: Mon – Sat: 9 AM – 6 PM

Toronto Mortgage Financing, a woman-owned company, emerges as a reliable ally for first-time homebuyers. With access to over 40 lenders, they strive to provide clients with a suitable match for individual financial situations.

First, they offer quick mortgage pre-approvals, providing financial strategies, mortgage amounts, down payments, and overall affordability. They even offer guidance on required documentation, streamlining the pre-approval process.

Then, they help first-time buyers find mortgage lenders that offer special programs and incentives. 

This commitment extends to newcomers to Canada. They look for tailored policies for clients who have immigrated within the last 36 months, including options for insured mortgages through the Canada Mortgage and Housing Corporation.

The company also offers credit improvement services, employing effective strategies to repair damaged credit. Moreover, their access to non-traditional lenders enables them to provide customized financing solutions for individuals facing credit challenges.


  • Woman-owned company
  • Specializes in first-time buyers
  • Quick mortgage pre-approvals
  • Also helps newcomers to Canada
  • Offers credit improvement services
  • Access to non-traditional lenders


  • Subpar customer service

The smoothest and most stress-free experience possible

“Tuli was referred to us by our friends, who have been our one-stop shop in the house hunt journey. She has been a trooper and has been there for us throughout. We got introduced to Tatiana through her, and both of them have been unrelenting and persistent in getting us everything we needed in the most comfortable way possible. They handheld us throughout the process and ensured we were always up to speed with where we are at, in the process. It is very important to work with Mortgage Brokers like the two of them, who have your best interest at heart, who are prompt, are always on top of things and are only a call/text away! Thank you both for the smoothest and most stress-free experience possible in a situation like this! We strongly recommend working with them!”

– Sneha Mody, Google Review

They are the gold standard in their field

“I cannot sing the praises of Tuli and Tatiana’s incredible teamwork loud enough! From the moment we started this journey, they have been nothing short of extraordinary. Their unrelenting dedication and persistence in finding the best mortgage solution for us was truly remarkable. They held our hands through every step of the process, ensuring we felt supported and informed. They proved to be exceptional guides, providing us with invaluable advice and expertise. Their attention to detail and deep understanding of the mortgage market was evident throughout. We felt confident that we were in the most capable hands. In a world where financial decisions can be overwhelming, Tuli and Tatiana provided us with a sense of security and trust. They went above and beyond, exceeding our expectations at every turn. I wholeheartedly recommend both of them to anyone seeking not just a mortgage, but a truly exceptional and personalized experience. They are the gold standard in their field, and we are forever grateful for their expertise and unwavering support.”


10. Mortgage Scout Inc.

Business Address: 1796 Bloor St W, Toronto, ON M6P 3K5


Instagram: Mortgage Scout Inc. (

Phone Number: (647) 362-5472

Business Hours: Mon – Fri: 9 AM – 5 PM

Founded by Deren Hasip, Mortgage Scout Inc. stands out as an ideal partner for first-time homebuyers. Hasip has been featured on City TV and quoted by 680 News, Mortgage Professionals Canada, REP Magazine, and

His team collectively boasts an impressive 50 years of experience and handles various stages of homeownership, from first-time homebuyers to real estate investors.

Interested individuals can simply book a call, undergo pre-approval, review options, and ultimately choose the best mortgage for them. For added convenience, they even offer a free mobile app.

They have access to over 40 trusted lenders, including Merix, HSBC, CMLS Financial, Meridian, and Manulife. 

Recognized as go-to mortgage experts, their team has been regularly featured in media outlets like CMP Magazine, City TV, and 680 News.

Plus, they were a 2019 Canadian Mortgage Awards Finalist and a 2022 Mortgage Awards of Excellence Finalist.


  • 50 years of collective experience
  • Special focus on first-time buyers
  • Has been featured in media outlets
  • Over 40 trusted lenders
  • Free mobile app
  • Received several recognitions


  • Reports of processing errors

Would not hesitate to recommend Mortgage Scout

“The Mortgage Scout team provided exceptional service in helping me obtain a mortgage for my first home purchase. Deren was knowledgeable and patient throughout the entire process, and provided me with helpful guidance and information. I am satisfied with the rate that they found for me, and would not hesitate to recommend Mortgage Scout for anyone who is looking to purchase.”

– Vivian, Google Review

You’re in the best hands possible

“I worked with Deren personally for my mortgages, and professionally as a real estate lawyer for my clients. His quick responses and constant reliability make you feel truly taken care of. You’re never left hanging; his trustworthiness and speed make every interaction a breeze. Deren’s dedication as a mortgage broker isn’t just impressive, it’s a heartfelt assurance that you’re in the best hands possible.”

– Ceylan Yavasca, Google Review

11. 8Twelve Mortgage Corp.

Business Address: 45 Sheppard Ave E Unit 204 & 211, Toronto, ON M2N 5W9


Instagram: 8Twelve Mortgage/Hypothèque (@8twelvemortgage)

Phone Number: +1 877-812-8128

Business Hours: Mon – Sat: 8 AM – 8 PM

Founded by Gary Fooks and Akber Abbas, 8Twelve Mortgage Corp. aims to blend innovation with technology to provide a stable, sustainable, and scalable process. 

This is exemplified by COO Akber Abbas’s role in the Financial Services Regulatory Authority of Ontario Technical Advisory Committee for the Mortgage Brokering sector. 

They’ve also been recognized with accolades. These include the Top Brokerage Award from CMP, Best Mortgage Employers from CMP, and Top 75 Brokers by CMP.

Plus, they assist those who are first-time buyers, self-employed, retired from the public sector, work full-time, or are new to Canada. They help these buyers capitalize on rebates and benefits exclusively available to them.

Their pre-approval online process is quick and can be done online. They even assist first-time homebuyers in applying for the land transfer tax rebate.

Additionally, they offer low fixed mortgage rates starting from 5.29%.


  • COO is part of the team that advises FSRA
  • Won several accolades
  • Quick online pre-approval process
  • Helps with land transfer tax rebate
  • Low fixed mortgage rates


  • Lack of communication
  • Some customers felt rushed

More than excellent

“My whole experience with 8Twelve was more than excellent. As a first time client I had many questions about my options, the process and the follow up. Stefan, Alice and Rachel were very patient with my questions. They put me at ease, and instilled confidence that they could help me. They kept me up to date,and the loan was completed very quickly. They are now going to follow up on my project every 3 months until completion. We have already started to discuss other financing options available at the end of my project. I look forward to working with Stefan and his team, 5 star service !! Highly RECOMMEND.”

– JT M, Google Review

Expertise and commitment truly made a difference

“Joseph Dalal played a pivotal role in assisting our client in securing the ideal mortgage. His professionalism, enthusiasm, and incredible attention to detail stood out throughout the entire process. We are extremely pleased with Joseph’s services and grateful for his dedication. He not only met but exceeded our expectations, making the experience seamless and satisfying. Joseph’s expertise and commitment truly made a difference, and we highly recommend him for anyone seeking a dedicated and knowledgeable professional in the mortgage industry.”

– Office Space, Google Review

12. Mortgage Outlet Inc.

Business Address: 85 Scarsdale Rd #107, Toronto, ON M3B 2R2


Instagram: Mortgage Outlet Inc. (@mtgoutlet)

Phone Number: +1 888-634-5348

Business Hours: Mon – Sun: Open 24 hours

Mortgage Outlet Inc. was co-founded by Shawn Stillman, who personally funded over $1 billion worth of mortgages and facilitated over 2,500 transactions. He also has a Bachelor of Commerce degree and a CPA designation.

His company has been included in CMP’s 2022 5-Star Mortgage Employers and was also featured in outlets such as Globe and Mail, Mortgage Broker News, and Reuters.

Mortgage Outlet welcomes everyone – from first-time homebuyers realizing their dream homes to seasoned real estate investors. They also offer low mortgage rates starting from 5.24%.

The application process is made easy with the option to start it online, streamlining the initial steps toward securing a mortgage. In addition, they collaborate with respected lenders such as Canadian Western Bank, Merix, Canada Trust, and Meridian.

Not only do they provide free online mortgage calculators and tax tools, but they also manage a financial blog, providing valuable mortgage advice.


  • Owned by credible and experienced professionals
  • Received several awards
  • Featured in the media
  • Offers low mortgage rates
  • Can start the application online
  • Works with respected lenders
  • Free online tools and a blog


  • Dealing with several brokers instead of just one
  • Reports of rude brokers

Contact them if you want a smooth process

“Their service is exceptional and the rates were unbelievable. Phil and his team provided great service, communication was smooth and their portal is very easy to use in terms of submitting documents. Including myself, getting mortgage is very stressful process in terms of gathering documents and communicating with broker but I have to say, my experience with Priscilla was beyond what I expected, communication was so smooth and she was very clear and precise. Just contact them if you want a smooth process. Thank you.”

– Insoo Kim, Google Review

Absolute pleasure to work with

“I was referred to Leah at the Mortgage Outlet Inc as someone who would take the time to work with me, explain all of the detailed terms and really help me understand the more complicated parts of renewing a mortgage. Her and her team were an absolute pleasure to work with and she personally was able to obtain and present multiple different options for my mortgage renewal. She was able to beat the rates hands down that the bank was offering me. She was clear, concise and able to tell me the pros and cons of each option. Her team was also very good and always on top of all communications. One of the best traits I found was their ability to always be available and return my calls/emails promptly. This was very important for me as I was up against a time crunch to renew my mortgage. Thank you Leah and team!”

– Jignesh Ruparelia, Google Review


Business Address: 145 Front St E #305, Toronto, ON M5A 1E1


Instagram: (@mortgagesdotca)

Phone Number: (647) 795-8700

Business Hours: Mon – Fri: 9 AM – 6 PM is led by brothers James and Steve. They connect clients with mortgage products at no cost to the client.

Firstly, they offer fixed mortgage rates starting from 4.99% – comparatively lower than the starting rate of other companies.

For homebuyers who have immigrated to Canada within the last 5 years, they can help them purchase a property with as little as a 5% down payment.

Another service they offer is Purchase Plus Improvements, which enables buyers to roll in the cost of improvements into the new mortgage. 

Unlike other brokers, they have a unique New Doctor Mortgage program tailored for medical professionals. This is for doctors in the process of completing or who have recently completed their residency/fellowship within the last 36 months.

As a bonus, their website has eight free calculators that can compute one’s required income, maximum mortgage, debt service, and more. 


  • They match clients with mortgage products at no cost
  • Mortgage rates from 4.99% up
  • Can help those who are new to Canada
  • Offers a Purchase Plus Improvement service
  • Has a New Doctor Mortgage program
  • Has eight online calculators


  • Lack of proactive communication
  • Reports of hidden charges

Our first home mortgage has been an exceptional experience

“Working with James for our first home mortgage in Canada has been an exceptional experience. His expertise secured us fantastic rates, and his punctuality and clever approach made the entire process seamless. We’re incredibly grateful for his dedication and guidance in making our dream home a reality. Highly recommended!”

– Prince Patel, Google Review

They have a client for life with me

“I was referred to James in 2018 when looking to buying our first condo and it was the best thing that could have happened to me. James helped us secure an excellent mortgage solution. We did not have a great deal of knowledge and experience in these matters and James helped us gain the understanding we needed and made the whole process very simple and friendly. Fast forward to the far more frightening real estate scene in 2023 when I was dreading renewing in this new market. James contacted me and went to work to find us the best options and helped us to select the best arrangement for our needs. If I had realized how much James and Mayra were able to help us, I wouldn’t have lost all the sleep worrying that I did. I knew we were in good hands. I cannot recommend them enough and they have a client for life with me. 5 stars are not enough to express my satisfaction.”

– Kyle Kitagawa, Google Review

14. Lending Circle

Business Address: 1 King St W #4800, Toronto, ON M5H 1A1


Instagram: Lending Circle (

Phone Number: +1 866-556-3136

Business Hours: Mon – Fri: 9:30 AM – 6 PM

Founded by Parm Mehmi, a University of Windsor graduate, Lending Circle operates in Ontario, Alberta, and Saskatchewan. They’re committed to assisting Canadians, particularly those who have faced rejection from traditional banks.

Lending Circle aims to provide mortgage products to all, irrespective of their income or credit standing. They specialize in working with borrowers seeking home loans and second mortgages, especially those with bruised credit or low income.

Recognizing the importance of a holistic financial approach, Lending Circle collaborates with borrowers to create a long-term strategy. This involves improving cash flow, rebuilding credit, and bridging the gap between their current status and their goals.

They also offer a streamlined application process online, which allows for swift deal closures, with the ability to complete transactions within 24-48 hours.

As a bonus, inspired by the unconditional love of his two large breed dogs, Mehmi actively supports animal welfare organizations worldwide through charitable donations.


  • They help those who have faced rejection from traditional banks
  • Specializes in helping those with bruised credit or low income
  • Helps borrowers create a long-term strategy
  • Offers a streamlined application process online
  • Supports animal welfare organizations worldwide


  • Comparatively limited range of mortgage options

I cannot speak of Parm highly enough

“I highly recommend Lending Circle, and all the credit goes to Parm. After calling numerous brokers, only Parm was able to help me. He was professional, attentive, took time to clearly answer all my questions, and above all he did his best to understand my situation. I cannot speak of Parm highly enough, he is simply the best and I look forward to working with him again!”

– Sohon Das, Google Review

The most timely, honest, and professional broker I’ve ever had 

“The Lending Circle, in particular Parm, is the most timely, honest, and professional broker I’ve ever had the pleasure of working with. Throughout the whole deal, Parm was upfront and tried his hardest at every turn to make things a bit more favorable for me. He truly put himself in my shoes and fought for me to solve the problematic situation I found myself in. Thank you Parm! I look forward to working with you again!”

– Himadri Das, Google Review

15. ORION Financial 

Business Address: 4750 Yonge St Suite 307, Toronto, ON M2N 0J6


Instagram: ORION Financial Services (

Phone Number: (289) 274-8134

Business Hours: Mon – Fri: 9 AM – 5:30 PM

        Saturday: 10 AM – 5 PM

ORION Financial, with a collective experience of over 50 years, prides itself on being a modern-day mortgage brokerage. They prioritize a transparent approval process based on informed decision-making.

They give extra focus on guiding first-time buyers through the mortgage process. They make sure that clients are well informed at every step, and legal support is also provided, with lawyers available to explain credits and perks.

They also help first-time homebuyers by facilitating access to the First-Time Home Buyer Plan. This program allows eligible individuals to withdraw up to $25,000 from their Registered Retirement Savings Plans tax-free.

For those interested in property investment, ORION can help expand one’s real estate portfolio or compare investment opportunities.

They also strive to enhance client engagement through practical tools, including four online calculators for financial planning and their well-maintained financial blog.


  • Collective experience of over 50 years
  • Specializes in assisting first-time buyers
  • Legal support is also provided
  • Provides access to the First-Time Home Buyer Plan
  • Can help with property investment
  • Has free online tools


  • Lack of responsiveness
  • Closed on Sundays

Trustworthy and reliable brokerage

“Excellent experience overall 🙂 Maksim and his team – Liza is professional and works with great ethics. I recently completed my file with them and I absolutely appreciate them for acting in the best interest of their clients first above all else. Trustworthy and reliable brokerage. I wish them more success.”

– Shruti Gupta, Google Review

Seamless and successful home buying experience!

“Maksim was incredible throughout my home buying journey. From pre-approval to closing, he provided top-notch guidance and support. He connected me with essential professionals, secured the best mortgage and rate, and ensured I understood every step. Highly recommend Maksim for a seamless and successful home buying experience!” 

– John Fahmy, Google Review