The 6 best mortgage brokers in Montreal for first-time homebuyers
Montreal’s housing market is hot, but navigating the mortgage world shouldn’t be like stepping into the fire. That’s why we’re on a mission to simplify the process and connect you with the best mortgage brokers in the city.
Luckily for you, we’ve done the legwork and rounded up the top professionals who understand the Montreal market inside and out. Whether you’re a first-time buyer, looking to refinance, or ready to invest, these are the ones we’d recommend.
How much do mortgage brokers charge in Montreal? Mortgage brokers typically receive a commission of 0.75% of the total mortgage value. This fee is covered by the lenders, meaning that borrowers do not have to bear any cost. |
How we chose
1. Ratehub.ca

Location: 206-6424 Rue Jean-Talon E, Saint-Léonard, QC H1S 1M8, Canada
Contact: 514-312-2257
Opening hours: Monday to Sunday – 9:00 AM to 8:00 PM
We recently utilized Ratehub.ca for our mortgage needs and were thoroughly impressed. As an innovator in the online mortgage world, Ratehub.ca was the first to integrate an in-house mortgage brokerage, known as CanWise Financial, which has won numerous awards.
Moreover, Ratehub.ca has expanded its services to include auto and home insurance quoting, credit card comparison, and applications for GIC and chequing accounts. This comprehensive approach makes it a one-stop shop for financial decision-making tools and advice.
Transitioning to how they operate, Ratehub.ca makes money through partnerships and advertising. However, it’s important to note that some products might not be listed, ensuring they only showcase offers from trusted partners.
Furthermore, they are transparent about their advertising disclosure, maintaining credibility and trust with their users. Over the past decade, Ratehub.ca has helped millions of Canadians make smarter financial decisions.
The executive team, including co-founders Alyssa Furtado and James Laird, brings a wealth of experience and innovation. Their leadership has been pivotal in Ratehub.ca’s growth and success.
Finally, with over 1.2 million monthly users and partnerships with Canada’s top financial institutions, Ratehub.ca continues to be a trusted resource. Their latest milestones, like funding $10 billion in mortgages, underscore their significant impact on the market.
Pros
- Experience
- Reasonable pricing
- Personalized service
Cons
- No promos at the present
Here’s what some satisfied clients have to say about Ratehub.ca:
“We had an amazing experience working with Samuel Chagnon and his team to secure a mortgage. As first time home buyers, Samuel was able to offer his expert advice to guide us through the whole process, and was always available & extremely fast to reply when answering any of the questions that we had. Samuel was courteous, knowledgeable, and professional, and we would recommend him without hesitation to anyone looking to secure a mortgage.” – Duncan Wang
“I had an amazing experience with Alexandre Desjardins. I highly recommend doing business with him. He’s professional and listens to all your needs. His service and mortgage rate he managed to get me is beyond my expectations.” – Benjamin Surprenant
2. George Macris Montreal Mortgage Broker

Location: 2000 McGill College Ave 6th Floor, Montreal, Quebec H3A 3H3, Canada
Contact: +1 514-651-2395
Opening hours:
- Monday to Sunday – 9:00 AM to 8:00 PM
George Macris brings over 20 years of experience to the mortgage industry, providing him with a profound understanding of a wide range of mortgage products. His expertise enables him to effectively serve a diverse clientele, from first-time homebuyers to those in complex financial situations.
As part of Dominion Lending Centres, he has access to a broad network of over 230 lending institutions, including major banks, credit unions, and trust companies.
Why does that matter? Because this extensive network allows him to offer his clients a multitude of financing options, ensuring they receive the most favourable terms tailored to their unique needs.
Beyond securing home loans, George’s services also encompass refinancing, property investments, and more. That tells you he can handle a broad spectrum of financial requirements and scenarios.
Pros
- Experience
- Personalized service
Cons
- Occasional hidden clauses
Provides support throughout the first-time home-buying process
“George was super helpful with my first home purchase. He was very patient with all my questions and thorough with his explanation of the processes, what are the options available to me and perspectives in making my decision. He was also super responsive and always made himself available when needed. I would highly recommend George to anyone needing a mortgage broker.”
Wince S, Google Review
Offers clear explanations and unwavering support
“George is someone you want with you every step of the way while you take on the major task of buying/selling your home. We’ve had George help us with two properties now and he’s been a solid asset to the process each time. He brings ease and clarity to the many twists and turns that home buying can take. We’ll continue to look to George when we need solid mortgage advice. Also, a plus is that he’s a great person too – positive, helpful and dependable. Thanks, George!”
Joanne Chiu, Google Review
3. Team Levine – Courtier Hypothécaire Montreal

Location: 1253 Av. McGill College w6, Montréal, QC H3B 2Y5, Canada
Contact: +1 514-651-2395
Opening hours:
- Monday to Friday – 9:00 AM to 6:00 PM
Team Levine was founded with a mission: to empower clients with the best mortgage solutions for their unique needs. The team delivers not only the industry’s most competitive rates but also access to a full range of banking products, often with exclusive discounts.
They offer a one-stop financial hub, which makes them pretty convenient. From mortgages and real estate to insurance and investments, the team provides a streamlined, holistic approach to their clients’ financial well-being.
With connections to over 230 trusted lenders, this mortgage broker is another good option if you want someone who can find the perfect mortgage product to fit specific goals.
Pros
- Comprehensive service range
- Access to a wide variety of lenders
Cons
- Some communication issues
Transforms a stressful home-buying experience into a smooth process
“We’re first-time homebuyers in Canada with no connections in the real estate industry, and working with Steven is truly a blessing for us. Not only did he explain every little nuance of mortgage loans – and of course, got us a great rate – but also kick-started the whole process by referring us to a real estate broker who is amazing too. We were able to get an instant pre-approval for a mortgage, find the right property in just a couple of weeks and ultimately secure the mortgage without any issues. The whole process was surprisingly relaxed and communication with Steven was always a great pleasure: he’s patient, amicable and super responsive. Couldn’t be happier with our choice!”
Arseniy Panfilov, Google Review
Exceeds expectations for a first-time homebuyer
“Steven was an absolute pleasure to work with! Being a first-time home buyer, I wasn’t very familiar with the mortgage process. I shopped around extensively and decided to go with Steven because not only did he get me the best rate, but he was also very helpful with answering all my questions, and provided great advice and guidance along the way. He was always very prompt, available for discussions whenever needed, and very knowledgeable and clear in his instructions and explanations. I could not have been in better hands with the mortgage process, and would not hesitate to engage his services again in the future.”
Srushti Dhope, Google Review
4. True North Mortgage

Location: 1253 McGill College Ave Suite W6, Montreal, Quebec H3B 2Y5, Canada
Contact: +1 514-876-4441
Opening hours:
- Monday to Friday – 8:30 AM to 6:00 PM
True North Mortgage stands out in Montreal for several reasons. First, they offer a wide range of products by catering to diverse homeownership needs. So, whether you’re seeking a traditional fixed or variable mortgage or a home equity loan, they have a solution.
Beyond that, they’re known for securing competitive rates and even offer a rate guarantee – if you find a better rate elsewhere, they’ll beat it or give you $500.
Customer service seems to be a priority at True North Mortgage, you can get consultations in various ways (online, by phone, or in-person) and they handle even complex mortgage scenarios.
They’re also known to embrace technology by streamlining everything – they offer online applications, digital updates, and useful mortgage calculators. Finally, they offer programs like “Rate Relief” for those needing a bit of financial flexibility at the beginning of their mortgage term.
Pros
- Competitive rates and rate guarantee
- Wide range of mortgage products
- Technological efficiency
Cons
- Slightly complex application process
Stress-free financing experience
“Michael Lanthier from True North was recommended to us by two separate friends and we used his services this summer to help our parents purchase a home. After such a great experience with Michael, we used him again to renew the mortgage on our own home. Michael is extremely professional, helpful and friendly. He is also extremely patient and has spent many hours on the phone and over email responding to all of our questions. We would highly recommend Michael to anyone and everyone and will certainly do so. Do yourself a favour, leave the stress of financing to Michael — you won’t be disappointed!”
Victoria Wood, Google Review
Has a seamless process and offers great results
“I received excellent service from Morgan Englebretsen at True North Mortgage, who handled my file with professionalism, expediency and a personal touch. Throughout the whole process, he kept me up to date and followed up with my requests, which resulted in me obtaining the best rate I could find on a mortgage loan for my dream home. If you want someone to guide you along the way during the sometimes stressful process of going through a mortgage approval, you can count on Morgan to make things clearer and easier for you. Thanks again!”
Salvatore Russo, Google Review
5. North East Real Estate & Mortgage Agency

Location: 800 Decarie Blvd, Saint-Laurent, Quebec H4L 3L5, Canada
Contact: +1 514-680-4674
Opening hours:
- Monday to Friday – 8:30 AM to 9:00 PM
North East simplifies the process of buying, selling, and financing a property. Led by Terry Kilakos, a chartered real estate and mortgage broker with over 18 years of experience, the firm offers a comprehensive suite of services under one roof: real estate brokerage, mortgage brokerage, etc
Beyond transactions, North East stands out for its commitment to client education. Terry Kilakos’ radio show on CJAD 800 AM empowers consumers with valuable insights into mortgages and real estate.
North East’s streamlined online pre-approval process gets you started quickly too. Their team has access to a wide network of lenders, like the rest of our selections.
Pros
- Comprehensive services
- Pre-approval process
Cons
- Some reports of poor customer service
Consistently provides exceptional service
“Terry and the entire team at North East are a breath of fresh air. I first got to know them over a decade ago when they purchased advertising at the radio station I worked at. I was so impressed with their knowledge and passion that I quickly became their client – and have remained so ever since. I’ve sent over countless referrals and every single one has loved North East Mortgages. This team has seen it all so they’re able to help navigate through the most difficult files with ease and reassurance. I truly appreciated having them in my corner during a trying transaction last year. With the challenges in today’s real estate market, that seem like they are here to stay, I would not make a move without this team.”
Christin Jerome, Google Review
Has a friendly, efficient, and insightful team
“I would like to extend my sincere congratulations to Terry, Olympia, Betty and Jasmine for their interest, enthusiasm, listening abilities, understanding and rapid response. Olympia, Betty and Jasmine are truly a ray of sunshine every time I call in for updates. Terry has been consistently and particularly insightful in navigating what manner a transaction should be packaged for maximum results. Terry makes you feel that he is running the race with you. He wants you to succeed. That’s what I call real customer service!”
Daniel Malfara, Google Review
6. Nesto mortgages-hypothèques

Location: 2200 Stanley St 1er étage, Montréal, Québec H3A 1R6, Canada
Contact: +1 833-447-4403
Opening hours:
- Monday to Friday – 9:00 AM to 8:00 PM
Nesto simplifies the mortgage process with its advanced online platform. With them, you can compare rates and terms from various lenders, including Nesto’s own-funded mortgages to find the best fit for your needs.
With over 300 mortgage experts nationwide, they’ve already helped over 400,000 Canadians secure their home financing dreams. Plus, their commitment to customer service and transparent guidance has been recognized by the 2023 Canadian Lenders Association award.
You can even learn more at Nesto Academy or join their VIP list for rate updates, mortgage tips, and expert advice.
Pros
- Online tool
- Experience
- Nesto Academy
Cons
- Occasional difficulty reaching agents
Provides a smooth and informative mortgage process
“Had a very positive experience with Alexander and Laura! They took me step-by-step through the process, answered all my questions, and were very communicative. This was my first time going through a mortgage application. The customer service at Nesto is refreshing (compared to other financial institutions). They make the mortgage process less daunting! Thank you.”
Inès Leou, Google Review
Offers a hassle-free mortgage renewal experience
“Their client service was stellar during my mortgage renewal process. They accompanied me very well and liked the fact that our correspondence was not all over the phone. They use SMS and email to correspond if that is what you want. There is a lot to think about, and many documents to find to build the file. They follow up and make sure everything works. They kept me on track. I appreciated the help and support of the analyst responsible for my file, Olivier. He was professional, polite and organized, and has responded to my questions. I am satisfied!”
Karl Thomas, Google Review