Skip to main content
Honest comparison · no hit pieces

Mortgage Squad Advisors vs Butler Mortgage

A long-running Ontario mortgage brokerage whose marketing centres on discounted mortgage rates. Here’s a factual side-by-side so you can pick the right fit for your file.

FSRA #13737| 15+ languages in-house

What is Butler Mortgage?

A long-running Ontario mortgage brokerage whose marketing centres on discounted mortgage rates.

Butler Mortgage arranges mortgages with third-party lenders rather than lending its own funds, with enquiries coming largely through its advertising and website.

Mortgage Squad Advisors is an independent mortgage brokerage licensed by FSRA in Ontario only (#13737), with its head office in Vaughan and access to 100+ lenders — banks, monolines, credit unions, B-lenders and private lenders.

Where Butler Mortgage stands out

A well-known Ontario brand with a clear focus on competitive rates — a good fit for borrowers who mainly want a low number on a simple file.

Butler Mortgage website
Where Mortgage Squad Advisors stands out

An advisory approach that weighs rate, structure and product fit together, a 100+ lender panel, specialty desks for self-employed, newcomer and commercial files, 15+ languages in-house, and Maya AI 24/7.

About us

Side-by-side comparison

Factual, current as of January 2026. Honest where they outperform; clear where we do.

Category
Mortgage Squad Advisors
Butler Mortgage
Focus
Rate plus structure and product fit
Marketing centred on discounted rates
Lender access
100+ lenders: banks, monolines, credit unions, B-lenders and private lenders
Brokerage lender panel — see their site
Licensing
FSRA-licensed Ontario brokerage (#13737)
Ontario-licensed brokerage
Specialty files
Specialty desks for self-employed, newcomer, commercial and alternative files
Varies — see their site
Languages
15+ languages in-house, plus Maya AI
Varies — see their site
After-hours help
Maya, our AI mortgage assistant, answers questions 24/7 in multiple languages
See their site for hours
Rate promotions
We try to beat an eligible Big-6 offer, or pay you $500 (to you or your charity). Conditions apply; see full terms
Rate promotions — see their site for current offers
Advisor continuity
One advisor from pre-approval to funding
Varies — see their site

Who Butler Mortgage suits

  • Rate-focused borrowers with straightforward files
  • Ontario buyers who know the brand from its advertising
  • Renewals and refinances where price is the main priority

When comparing lenders through a broker helps

  • A second brokerage quote before you sign — lender panels differ between brokerages
  • Self-employed, newcomer or alternative files that need specialty handling
  • When structure (term, prepayment, penalty method) matters as much as rate
  • Commercial or multi-residential financing
Bottom line

Butler and Mortgage Squad are both Ontario brokerages. Butler's marketing leads with rate; we lead with rate plus structure and specialty-file handling across 100+ lenders. On a simple file, compare written quotes from both.

When to choose Mortgage Squad Advisors

If your file has any complexity (self-employed, newcomer, alternative or commercial), you want service in a language other than English, or you want advice on structure and penalties as well as rate.

When to choose Butler Mortgage

If you have a straightforward file, you're shopping mainly on rate, and their offer still looks best after comparing the full terms.

Mortgage Squad vs Butler Mortgage: common questions

Is Mortgage Squad Advisors better than Butler Mortgage?

It depends on your file. If your file has any complexity (self-employed, newcomer, alternative or commercial), you want service in a language other than English, or you want advice on structure and penalties as well as rate. On the other hand: If you have a straightforward file, you're shopping mainly on rate, and their offer still looks best after comparing the full terms.

How is Mortgage Squad Advisors different from Butler Mortgage?

An advisory approach that weighs rate, structure and product fit together, a 100+ lender panel, specialty desks for self-employed, newcomer and commercial files, 15+ languages in-house, and Maya AI 24/7.

When should I choose Butler Mortgage over Mortgage Squad Advisors?

If you have a straightforward file, you're shopping mainly on rate, and their offer still looks best after comparing the full terms.

Where is Mortgage Squad Advisors licensed?

Mortgage Squad Advisors (Ontario) Inc. is licensed by FSRA as a mortgage brokerage (licence #13737) under Ontario's Mortgage Brokerages, Lenders and Administrators Act, 2006, and serves clients in Ontario only from its Vaughan head office. Out-of-province files are referred to licensed partners elsewhere in Canada.

Is Butler Mortgage a broker or a lender?

Butler Mortgage is a mortgage brokerage — it arranges mortgages with lenders rather than lending its own funds. Check its site for current offers.

Is the lowest advertised rate always the best mortgage?

Not always. Prepayment privileges, the penalty method, portability and the rate hold can cost or save more than a small rate difference, so compare the full terms.

Can Mortgage Squad compare a Butler quote?

Yes. If you're in Ontario, bring us the written quote and we'll compare it against our 100+ lender panel, including the terms beyond the rate.

Which is better for you?

Pick what matters most — get an honest read.

Ask Maya to compareGet pre-approved free Honest, not a hit-piece — your file decides the winner.

Get a 5-minute pre-qual.

No bureau pull, no commitment. For Ontario borrowers, we’ll model your file across our 100+ lender panel so you can compare like for like with anything Butler Mortgage quotes you.

Compare us to other mortgage options