Mortgage Squad Advisors vs Tangerine Mortgages
A Canadian digital bank and wholly owned subsidiary of Scotiabank. It offers its own mortgages online and by phone, without a branch network. Here’s a factual side-by-side so you can pick the right fit for your file.
What is Tangerine Mortgages?
A Canadian digital bank and wholly owned subsidiary of Scotiabank. It offers its own mortgages online and by phone, without a branch network.
Tangerine sells its own mortgages directly to consumers — online and through its phone-based mortgage specialists.
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.
A clean digital experience, phone access to mortgage specialists, and the convenience of keeping your mortgage with the bank where you already hold Tangerine accounts.
Tangerine Mortgages websiteA 100+ lender panel instead of one bank's products, specialty desks for self-employed, newcomer, alternative and commercial files, 15+ languages in-house, and the option to meet at our Vaughan head office.
About usSide-by-side comparison
Factual, current as of January 2026. Honest where they outperform; clear where we do.
Who Tangerine Mortgages suits
- Existing Tangerine customers who like managing money online
- Borrowers comfortable without a branch
- Straightforward purchases, renewals and refinances
When comparing lenders through a broker helps
- When you want a digital bank's offer compared with monolines and credit unions
- Self-employed, newcomer or bruised-credit files
- When you'd like to meet an advisor in person
- Renewals where you want Tangerine's offer tested against the market
Tangerine offers a convenient digital route to its own mortgage. We compare 100+ lenders for Ontario borrowers — often useful when your file isn't textbook or you want the market tested.
If your file isn't a straightforward purchase or renewal, you want service in a language beyond English or French, or you'd like an advisor you can call or meet.
If you already bank with Tangerine, want a fully digital experience, and its offer suits your file after comparing terms.
Mortgage Squad vs Tangerine Mortgages: common questions
Is Mortgage Squad Advisors better than Tangerine Mortgages?
It depends on your file. If your file isn't a straightforward purchase or renewal, you want service in a language beyond English or French, or you'd like an advisor you can call or meet. On the other hand: If you already bank with Tangerine, want a fully digital experience, and its offer suits your file after comparing terms.
How is Mortgage Squad Advisors different from Tangerine Mortgages?
A 100+ lender panel instead of one bank's products, specialty desks for self-employed, newcomer, alternative and commercial files, 15+ languages in-house, and the option to meet at our Vaughan head office.
When should I choose Tangerine Mortgages over Mortgage Squad Advisors?
If you already bank with Tangerine, want a fully digital experience, and its offer suits your file after comparing 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 Tangerine owned by Scotiabank?
Yes. Tangerine is a wholly owned subsidiary of Scotiabank that operates as a branchless digital bank.
Can I get a Tangerine mortgage without visiting a branch?
Yes. Tangerine sells its mortgages online and by phone; check tangerine.ca for current options.
Can a broker compare a Tangerine mortgage offer?
Yes. If you're in Ontario, bring us Tangerine's written offer and we'll compare it with offers from our 100+ lender panel, including penalty and prepayment terms.
Which is better for you?
Pick what matters most — get an honest read.
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 Tangerine Mortgages quotes you.
Compare us to other mortgage options
A Canadian online mortgage brokerage owned by Ratehub, the rate-comparison website.
A Canadian mortgage brokerage that advertises salaried (non-commissioned) mortgage agents and serves clients online, by phone and at walk-in locations in some cities.
A Canadian digital-first mortgage company: borrowers get a quote, apply, upload documents and track their mortgage online, with its mortgage team available as needed.
A Montreal-founded Canadian online mortgage company. Borrowers get a quote on its website and work with its mortgage advisors online and by phone.
A long-running Ontario mortgage brokerage whose marketing centres on discounted mortgage rates.