The 5 Best Mortgage Brokers in Calgary Who Can Help You Take the Next Step in Your Homeowning Journey
Some time ago, a friend reached out to me asking for help with buying a house. He needed a loan that could help him achieve his dream of becoming a homeowner.
I was flattered that he went to me for advice, though there was just one problem: I had never bought a house before. I told him this, but he said he trusted my judgement.
So, I decided to help the best way I could and put my research skills to good use. Fortunately, I found several homeowner-approved mortgage brokers in Calgary and listed them below.
How much do mortgage brokerage services cost in Calgary?
Mortgage brokers in Calgary typically charge a commission costing 0.5% to 1.3% of the final mortgage amount. However, this commission is directly paid by the lender instead of the borrower.
1. Mortgage Connection
Address: Unit 200, 1055 20 Ave NW, 2nd Floor
Phone: +1 587 830 2059
Business Hours:
- Monday to Friday – 9:30 AM to 4:30 PM
- Saturday – Closed
- Sunday – Open 24 hours
Over the years, Mortgage Connection has worked with both residential and commercial clients. They have a huge team of brokers with years of experience and a variety of strengths.
You may have heard of them, since they’re one of the most popular broker options in the city. Unfortunately, this also means that their rates are a bit higher than other companies.
They make up for it with their seamless process, though. They’ll do all the paperwork, submit offers, and ensure that you’re protected throughout the sale.
Whatever kind of mortgage it is, you can rely on their knowledgeable brokers. They won’t rest until they know that you understand what’s happening throughout the transaction.
We also think it’s convenient that they can connect you with legal assistance when you decide to close the deal. It’s one of those things that’ll ease the stress of dealing with documents and title changes when buying a home.
Made it easy to make well-informed decisions
“Working with Joe has been truly great to work with. He is highly responsive and always quick to reply whenever I had a question. Joe consistently provides clear, comprehensive information, which made it easy to make well-informed decisions. I found him to be transparent, honest, and incredibly easy to work with throughout the entire process.”
-Jon Wycoco, Google Review
Took a stressful situation and made it enjoyable
“Erika was absolutely fantastic. I am a first time home buyer, and I just closed on my first home, Erika was a huge part of making me feel comfortable and supported through the whole process. She took a stressful situation and made it an enjoyable one. I wholeheartedly recommend her services – she is a genuinely incredible person and professional!”
-Jessie Alexander, Google Review
2. True North Mortgage
Address: Plus 15 Calgary Place, 340 5 Ave SW
Phone: +1 403 474 4955
Business Hours:
- Monday to Friday – 8:00 AM to 5:00 PM
- Saturday to Sunday – Closed
True North Mortgage has been around for more than 17 years. They have more than 10 locations in the country, and they give tailored assistance depending on your location.
Their priority is to save you money and identify the best rate. Throughout all the steps of the mortgage process, you won’t have to worry about hidden fees or penalty charges.
But the best thing about them is that they’re proactive when it comes to keeping you informed. They’ll tell you everything you need to know, even without you asking.
However, we’ve heard that they need to improve some aspects of their communication. Apparently, their updates aren’t as frequent down the line, so you’ll have to follow up with them from time to time.
Luckily, they provide digital references such as home-buying guides that you can always read up on. They also have free handy digital tools like calculators for closing costs, mortgage renewals, land transfer taxes, and more.
The guidance helped me make confident decisions
“I had a great experience working with Harmandeep Sidhu. She was knowledgeable, patient, and took the time to clearly explain all my options. The guidance helped me make confident decisions throughout the process, and I truly appreciate Harmandeep responsiveness and attention to detail. I would highly recommend them to anyone looking for honest and expert mortgage advice.”
-Harninder Dhillon, Google Review
They went above and beyond
“My brother and I just bought our first property, and we were pretty overwhelmed by the whole process. Landon Marx went above and beyond—he answered all our questions (and even the ones we didn’t know to ask). He was incredibly knowledgeable and explained everything in a way that made sense. We felt confident every step of the way. Highly recommend working with him!”
-Amardeep Grewal, Google Review
3. Canadian Mortgage Professionals
Address: 2719 Centre St NW
Phone: +1 403 509 2434
Business Hours:
- Monday to Friday – 9:00 AM to 5:00 PM
- Saturday – 11:00 AM to 5:00 PM
- Sunday – Closed
Canadian Mortgage Professionals has been helping locals with homeownership since 1989. They’re especially great at assisting new Canadians and first-time buyers secure loans.
You can rely on them for a wide range of financial assistance services. They can help you with progress draw, revenue property, fixed-rate, and variable-rate mortgages.
What really makes them stand out, though, is that they’re pleasant to deal with. They’ll ease your stress about buying a home so much that you won’t even notice the time passing.
But this may also be a result of their efficiency. They work fast and have gotten approvals for most of their clients in a short amount of time.
The only thing that needs to catch up is their response time. It takes a while for them to respond to online inquiries and messages. On the bright side, their responses always seem to be clear and well-thought-out.
Exceptionally happy with the service
“The team at Canadian Mortgage Professionals was absolutely amazing. Jason and Jackie were efficient and clear in their communication and they moved the process along quickly and seamlessly. Bob was so easy to work with and went over all the paperwork in detail. I am exceptionally happy with the service Canadian Mortgage Professionals provided me and I would refer them to anyone looking for help buying a home!”
-Melissa Pullara, Google Review
They made this experience very easy and stress-free
“My realtor referred me to Canadian Mortgage Professionals when I first moved to Calgary. Bob and his staff took very good care of my financing needs. They made this experience very easy and stress free. I am now purchasing another home and once again they have been excellent with helping me with this. I highly recommend Bob and his company for your mortgage needs.”
-Simon Laframboise, Google Review
4. Rock Solid Mortgages
Address: 5053 11 St SE
Phone: +1 403 617 9740
Business Hours:
- Monday to Sunday – 8:00 AM to 10:00 PM
Locals have been going to Rock Solid Mortgages for more than 12 years. In that time, they’ve closed on over 2,000 mortgages.
You can go to them for renewals, first-time purchases, refinances, self-employed mortgages, and commercial mortgage loans.
They’re especially great for those who don’t know anything about the industry at all. They’ll keep you updated and informed with all movements throughout the process.
We were also impressed to hear that they handle tricky situations well. They leave no stone unturned so they can get you that approval.
The only thing that you’ll have to keep in mind is that they have a small team of brokers right now. So even though they’re good at what they do, they might not get stuff done as fast as the other companies.
They worked hard to get us the best rate possible
“We had a great experience working with Remi for our mortgage renewal. We had previously worked with him for our mortgage as first time home buyers and both times he was great to work with. Him and his team were very efficient and were always quick to answer any questions we had and they worked hard to get us the best rate possible.”
-Shekayla Hallett, Google Review
Incredibly knowledgeable and super responsive
“Remi is awesome and made mine and my fiance’s first homebuying experience so much better. He is incredibly knowledgeable and super responsive (i.e., he would always reply to our emails within the day and if he couldn’t, he would let us know in advance). His emails were incredibly descriptive and it just really felt like understood our needs and spent the time to really help us throughout the process.”
-Tina Nguyen, Google Review
5. MMG Mortgages
Address: 113, 1289 Highfield Crescent SE
Phone: +1 587 617 5818
Business Hours:
- Monday to Friday – 9:00 AM to 5:00 PM
MMG Mortgages was awarded the Alberta Brokerage of the Year in 2020 and 2021.
Locals depend on them for all kinds of property financing, including residential, commercial, land, and commercial mortgages.
Most people are surprised to hear that they don’t believe that the lowest rate is always the way to go. Instead, they prefer choosing the option that’ll be best for you in the long run.
They’re also pros at handling complex mortgage cases. They’ll work tirelessly to make all your homebuying transactions smooth and straightforward.
Sadly, they’re not known for their speed. A few of their clients have complained, saying that it takes them longer to close a deal compared to other brokers.
Went beyond our expectations
“Kyle Hoffert helped us with our first home purchase, and he made the entire experience so enjoyable and stress free! He was always available to answer our questions and went beyond our expectations! He was extremely professional, knowledgeable and communicative. I’ve recommended 5-10 close friends and family to Kyle over the past year now and they have all appreciated his hard work and dedication!”
-Raymond Li, Google Review
Provided us with the best possible service
“Heather at MMG worked incredibly hard to provide us the best possible service. Our situation was unique and Heather was able to come up multiple options that would work for us. If you are looking for a dedicated, responsive and “for the customer” Mortgage Broker, contact Heather. I would highly recommend her and her team. Thanks again MMG!”
-Melissa Friesen, Google Review