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Verified Mortgage Brokers in Toronto
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Mortgage brokers in Toronto: what to know
Toronto has thousands of licensed mortgage agents and brokers, which makes choosing one harder, not easier. In Ontario, mortgage professionals are licensed by the Financial Services Regulatory Authority of Ontario (FSRA) at three levels: Mortgage Agent Level 1, Mortgage Agent Level 2 and Mortgage Broker. All of them must work through a licensed brokerage. A Level 2 agent or a broker can arrange a wider range of mortgages, including private lending, than a Level 1 agent.
Buying in Toronto also costs more at closing than almost anywhere else in Ontario. Toronto is the only city in the province with its own municipal land transfer tax, so buyers pay it on top of the Ontario land transfer tax. First-time buyers may qualify for a rebate on both. A good broker will build these costs into your budget before you make an offer, not after.
Because a broker compares lenders for you, including the big banks, credit unions and lenders that only work through brokers, you can see more than one option without applying at each lender yourself.
Before you work with anyone, check their licence. Every broker and agent on this page has been checked against FSRA's public records. You can also search FSRA's licensee lookup yourself.
Largest mortgage brokerages in Toronto
Ranked by the number of license-verified brokers and agents on VerifiedAdvisors.ca who list Toronto as their city. 18 Toronto brokers have claimed and updated their profile.
- Mortgage Alliance Company of Canada Inc., The operating as Mortgage Alliance54 verified
- PINEAPPLE FINANCIAL INC. operating as PINEAPPLE39 verified
- MA Mortgage Architects Inc. operating as Mortgage Architects37 verified
- KingSett Mortgage Corporation35 verified
- Real Mortgage Associates Inc. operating as RMA Real Mortgage Associates29 verified
- 8Twelve Mortgage Corporation28 verified
- BRX Mortgage Inc. operating as BRX Mortgage28 verified
- Breezeful Inc.24 verified
- Mortgage Outlet Inc. operating as SIGMA MORTGAGE23 verified
- Sherwood Mortgage Group Inc. operating as Sherwood Mortgage Group - Mortgage Architects23 verified
Verified mortgage brokers near Toronto
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