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Honest comparison · no hit pieces

Mortgage Squad Advisors vs CanWise (Ratehub-owned)

A Canadian online mortgage brokerage owned by Ratehub, the rate-comparison website. 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 CanWise (Ratehub-owned)?

A Canadian online mortgage brokerage owned by Ratehub, the rate-comparison website.

CanWise works largely online and by phone and is integrated with Ratehub's rate-comparison platform, so borrowers can move from comparing rates to applying.

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 CanWise (Ratehub-owned) stands out

A smooth online process and direct integration with Ratehub's rate-comparison tools — convenient if you've already done your research there.

CanWise (Ratehub-owned) website
Where Mortgage Squad Advisors stands out

An independent brokerage not tied to a comparison site, with specialty desks for self-employed, newcomer, alternative and commercial files, 15+ languages in-house, Maya AI 24/7 and one advisor through funding.

About us

Side-by-side comparison

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

Category
Mortgage Squad Advisors
CanWise (Ratehub-owned)
Business model
Independent Ontario brokerage
Online brokerage owned by Ratehub
Lender access
100+ lenders: banks, monolines, credit unions, B-lenders and private lenders
Varies — see their site
Rate research
430+ articles + 25+ calculators
Integrated with Ratehub's comparison platform
Application
Online, or with an advisor by phone, video or in person
Online and phone
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
Varies — see their site

Who CanWise (Ratehub-owned) suits

  • Borrowers who researched rates on Ratehub and want a connected next step
  • Tech-comfortable clients with straightforward files
  • People who prefer online and phone service

When comparing lenders through a broker helps

  • When you want a quote from a brokerage outside the comparison site you used
  • Files that need specialty desks: self-employed, newcomer, commercial
  • B-lender or private financing with an exit plan
  • Multilingual service in Ontario
Bottom line

CanWise gives Ratehub users a connected online route to a mortgage. We're an independent Ontario brokerage with 100+ lenders, specialty desks and multilingual advisors — a useful second quote for any Ontario file.

When to choose Mortgage Squad Advisors

When your file isn't a straightforward purchase or renewal, you want service in a language other than English, or you'd like a brokerage independent of any comparison site.

When to choose CanWise (Ratehub-owned)

If you researched on Ratehub, want an integrated online experience, and your file is a straightforward purchase, renewal or refinance.

Mortgage Squad vs CanWise (Ratehub-owned): common questions

Is Mortgage Squad Advisors better than CanWise (Ratehub-owned)?

It depends on your file. When your file isn't a straightforward purchase or renewal, you want service in a language other than English, or you'd like a brokerage independent of any comparison site. On the other hand: If you researched on Ratehub, want an integrated online experience, and your file is a straightforward purchase, renewal or refinance.

How is Mortgage Squad Advisors different from CanWise (Ratehub-owned)?

An independent brokerage not tied to a comparison site, with specialty desks for self-employed, newcomer, alternative and commercial files, 15+ languages in-house, Maya AI 24/7 and one advisor through funding.

When should I choose CanWise (Ratehub-owned) over Mortgage Squad Advisors?

If you researched on Ratehub, want an integrated online experience, and your file is a straightforward purchase, renewal or refinance.

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.

Who owns CanWise?

CanWise is owned by Ratehub, the Canadian rate-comparison website. Check canwise.com for current details.

Is CanWise a lender?

No. CanWise is a mortgage brokerage — it arranges mortgages with lenders rather than funding them itself.

Should I get more than one broker quote?

It's often worthwhile. Brokerages work with different lender panels, so a second written offer helps confirm the rate and terms are competitive.

Which is better for you?

Pick what matters most — get an honest read.

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