Mortgage Squad Advisors vs True North Mortgage
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. Here’s a factual side-by-side so you can pick the right fit for your file.
What is True North Mortgage?
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.
True North arranges mortgages with its lender partners directly for consumers — online, by phone and through storefront locations — rather than lending its own funds.
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 recognisable consumer brand, walk-in locations for borrowers who like to meet face to face, and a salaried-agent model that some borrowers prefer. They also serve clients in more provinces than we do.
True North Mortgage websiteAn Ontario brokerage with 100+ lenders — banks, monolines, credit unions, B-lenders and private — plus specialty desks for self-employed, newcomer and commercial files, 15+ languages in-house, and Maya, our AI assistant, 24/7. Our Principal Broker has been licensed since 2010.
About usSide-by-side comparison
Factual, current as of January 2026. Honest where they outperform; clear where we do.
Who True North Mortgage suits
- Borrowers who like a walk-in location in their city
- People who prefer a salaried (non-commissioned) agent model
- Straightforward purchases, renewals and refinances with strong credit
- Borrowers outside Ontario, where we don't provide service directly
When comparing lenders through a broker helps
- A second brokerage quote — lender panels and pricing differ between brokerages
- Self-employed income that needs a lender comfortable with how you're paid
- Files that may need a B-lender or private lender with a clear exit plan
- Commercial or multi-residential financing alongside a home mortgage
True North and Mortgage Squad are both brokerages, so either can compare lenders for you. True North offers a salaried-agent model and walk-in locations; we're an Ontario brokerage with a 100+ lender panel, specialty desks and multilingual service. Getting written quotes from both is a sensible way to check the market.
If you're in Ontario and your file needs specialty handling (self-employed, newcomer, alternative or commercial), if you'd like service in a language other than English, or if you want one advisor from pre-approval through funding.
If you like the salaried-agent model, want a walk-in location in your city, or you're buying outside Ontario, where we don't provide service directly.
Mortgage Squad vs True North Mortgage: common questions
Is Mortgage Squad Advisors better than True North Mortgage?
It depends on your file. If you're in Ontario and your file needs specialty handling (self-employed, newcomer, alternative or commercial), if you'd like service in a language other than English, or if you want one advisor from pre-approval through funding. On the other hand: If you like the salaried-agent model, want a walk-in location in your city, or you're buying outside Ontario, where we don't provide service directly.
How is Mortgage Squad Advisors different from True North Mortgage?
An Ontario brokerage with 100+ lenders — banks, monolines, credit unions, B-lenders and private — plus specialty desks for self-employed, newcomer and commercial files, 15+ languages in-house, and Maya, our AI assistant, 24/7. Our Principal Broker has been licensed since 2010.
When should I choose True North Mortgage over Mortgage Squad Advisors?
If you like the salaried-agent model, want a walk-in location in your city, or you're buying outside Ontario, where we don't provide service directly.
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 True North Mortgage a bank or a broker?
True North Mortgage is a mortgage brokerage — it arranges mortgages with lender partners rather than lending its own money. Check its site for the provinces and lenders it currently works with.
Are True North Mortgage agents paid by commission?
True North advertises that its mortgage agents are salaried rather than commissioned. At Mortgage Squad, brokers are generally paid by the lender on funding for standard residential mortgages; fees can apply on private or alternative files.
Can I get quotes from both True North and Mortgage Squad?
Yes. Comparing written offers from two brokerages is a sensible way to check the market — compare the rate, term, prepayment privileges and penalty method, not just the rate.
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 True North Mortgage quotes you.
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