Mortgage Made Better
Mortgage Made Better is a Toronto-based Ontario mortgage brokerage founded in 2006 that connects GTA and Ontario borrowers with 30+ lenders, serving first-time buyers, self-employed borrowers, investors, refinancers, and renewal clients through lender-paid commissions.
- Company typePrivate
- Founded2006
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Mortgage Made Better does
Mortgage Made Better is an Ontario-licensed mortgage brokerage (FSRA Lic. #13747) founded in 2006 by Principal Broker Suganthan Thavarajasingam, operating from a head office in Scarborough, Toronto. The firm serves the Greater Toronto Area and broader Ontario market, connecting borrowers with a panel of more than 30 lenders that includes major banks, credit unions, monoline lenders, B-lenders, and private lenders. Its core offering is mortgage brokerage — matching borrowers to lenders and products across purchase, refinance, renewal, and equity-access scenarios — supported by a four-person team of licensed agents.
The product portfolio spans first-time buyer programs (leveraging FHSA, RRSP Home Buyers' Plan, CMHC insurance, and Ontario/Toronto land transfer tax rebates), self-employed mortgages (stated income, bank-statement, and alternative documentation programs), draw-based construction and renovation financing, reverse mortgages for borrowers aged 55+, short-term private mortgages, co-buying/shared-equity arrangements, second mortgages, HELOCs, and cash-out refinances. Underlying technology consists of the Scarlett Network online pre-approval application platform and four browser-based mortgage calculators (Purchase, Refinance, Debt Consolidation, Closing Cost), supplemented by 'The Mortgage Journal' editorial blog authored by the Principal Broker.
The business model is a lender-paid commission structure: for standard mortgage products, borrowers pay no direct fees, and the brokerage receives its compensation from the lender when a mortgage funds. Private lending scenarios involve a disclosed broker fee. Go-to-market is multi-channel: free consultations (Calendly self-serve, phone/SMS, WhatsApp, email), 24/7 online pre-approval, real estate agent referrals, and content/SEO-driven inbound. Customer segments include first-time buyers, self-employed borrowers, refinance and renewal clients, retirees (55+), real estate investors, alternative/B-lender borrowers, and co-buying participants. The firm claims 2,500+ families served, 100+ Google reviews at a 4.9-star rating, and 19+ years of operating experience. No external funding rounds, parent company, or ownership changes are disclosed.
Mortgage Made Better firmographics
Firmographics- Name
- Mortgage Made Better
- Legal name
- Mortgage Made Better®
- Website
- https://mortgagemadebetter.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mortgage Made Better is a Toronto-based Ontario mortgage brokerage founded in 2006 that connects GTA and Ontario borrowers with 30+ lenders, serving first-time buyers, self-employed borrowers, investors, refinancers, and renewal clients through lender-paid commissions.
- Ownership category
- akta.pro rank
Mortgage Made Better industry classification
Industry- Product category
- Mortgage Brokerage
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)
- akta.pro secondary industries
- Mortgage Comparison, Marketplace & Rate-Shopping Platforms (FSALABAJ), Hard Money & Private Mortgage Lending Intermediation (FSAEAEAH), Mortgage & Loan Introducers (Residential & Commercial) (FSAEAMAA)
Keywords
Where Mortgage Made Better is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Mortgage Made Better business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Lender Commission: Receives commission from lenders when a mortgage is placed. This is the primary revenue stream and means clients pay no direct fees for the brokerage service.
- Broker Fees (Private Lending): In certain circumstances such as private lending, a broker fee may apply and will be disclosed in writing prior to proceeding.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Standard mortgage services at no cost to borrower |
| Transaction based/ take rate | Pay-as-you-go | Private mortgage financing from 4.99% |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Mortgage Made Better product offering
Product offeringCore offering
Mortgage Made Better is a Toronto-based mortgage brokerage that connects individual borrowers with a panel of more than 30 lenders to arrange residential mortgage financing. The firm places purchase, refinance, and renewal mortgages, plus specialized products for first-time buyers, self-employed borrowers, newcomers to Canada, real estate investors, and secondary-home purchasers, and is compensated by lenders rather than charging clients direct fees.
Product overview
Mortgage Made Better is a full-service Ontario mortgage brokerage (FSRA Lic. #13747) operating across Toronto and the GTA with access to 30+ lenders (banks, credit unions, monoline lenders, B-lenders, and private lenders). The core offering is mortgage brokerage services — matching borrowers to the right lender and product — organized around distinct mortgage solutions: Purchase, Refinance, Renew/Transfer, and Equity Access. The product portfolio spans first-time buyer programs (leveraging FHSA, HBP, and land transfer tax rebates), Self-Employed Mortgages (stated income, bank-statement, and alt-doc programs), Construction & Renovation Financing (draw-based), Reverse Mortgages (55+, no payments), Private Mortgages (short-term, equity-focused), Co-Buying Shared Equity (partner contributes 5–15% down), Second Mortgages, No-Payment Home Equity, Investment Property Mortgages, Land Financing, HELOCs, and Cash-Out Refinance. Supporting tools include four free browser-based mortgage calculators (Purchase, Refinance, Debt Consolidation, Closing Costs) built on Canadian lending rules, and The Mortgage Journal blog authored by the Principal Broker. The ScarlettNetwork platform handles the online pre-approval application workflow. All services are provided at no cost to the borrower in most cases, with the brokerage compensated by the lender at funding.
Differentiator
Problem solved
Functional benefit
Products and services
- First-Time Homebuyer Mortgages
Quantifiable outcome
- Clients saved over $400/month on mortgage renewal (testimonial from Sarah L.)
- +3 more outcomes
Companies that use Mortgage Made Better
Customer profileNamed customers5 records
Segments9 records
Ideal customer profiles5 records
Mortgage Made Better technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mortgage Made Better partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- 30+ Lender PartnerscoreNetwork of over 30 lending partners including major banks (Schedule A banks), credit unions, monoline lenders, B-lenders, and private lenders. This network enables the brokerage to match clients with the optimal lender based on their specific situation and needs.
- CMHC (Canada Mortgage and Housing Corporation)coreDefault mortgage insurance provider enabling high-ratio mortgages with as little as 5% down. CMHC insurance is standard for most first-time buyers in Canada.
- SagencoreMortgage default insurance provider (formerly Genworth) offering mortgage loan insurance for high-ratio mortgages.
- Canada GuarantycoreMortgage default insurance provider offering mortgage loan insurance products for Canadian homebuyers.
- OurborominorCo-buying equity partner program mentioned as one option for shared equity home ownership. The brokerage works with multiple co-buying options to find what fits each client's situation.
Scale indicators6 records
Recent moves5 records
Expansion highlights6 records
Mortgage Made Better competitors and assessment
Company assessmentEmerging players
- LowestRates.ca: Canadian financial product comparison platform including mortgage rates. Comparable as a comparison and brokerage channel for Canadian consumers seeking mortgage products across multiple lenders.
- Ratehub.ca: Canadian mortgage rate comparison and brokerage platform that aggregates lender rates and connects consumers with brokers. Comparable as a multi-lender mortgage marketplace serving Canadian borrowers with both rate-shopping and broker services.
- Pineapple (Intellifi): Canadian alternative mortgage lender offering specialty products for self-employed and credit-challenged borrowers. Comparable as a player serving the same underserved Canadian borrower segments Mortgage Made Better targets through alt-doc and private lending.
- nesto: Canadian digital-first mortgage brokerage offering online rate comparison and lender matching. Comparable as an alternative mortgage origination channel targeting Canadian consumers, though with a more tech-led, lower-touch model than Mortgage Made Better.
Direct peers
- CanWise Financial: Canadian mortgage brokerage operating across multiple provinces with access to multiple lenders. Comparable as a residential mortgage broker with similar commission-based revenue model and multi-lender access.
- Verico Financial Group: Canadian mortgage broker network with independently owned member brokers. Directly comparable as a residential mortgage brokerage serving Canadian consumers across multiple provinces.
- Dominion Lending Centres: Canada's largest mortgage broker network, operating a franchise model that connects individual brokers with multiple lenders. Directly comparable as a residential mortgage brokerage serving Canadian consumers with multi-lender access.
- TMG The Mortgage Group: Canadian mortgage brokerage network providing brokers access to multiple lenders. Comparable as a residential mortgage intermediary with a similar business model of multi-lender comparison and lender-paid commissions.
- Mortgage Architects: Canadian mortgage broker network with a similar multi-lender panel model and franchise structure. Comparable as a residential brokerage offering purchase, refinance, and renewal services across Canada.
Broad incumbents
- RBC Royal Bank (Mortgage Channel): Major Canadian bank offering direct mortgage origination including digital mortgage channels. Comparable as a major originator of residential mortgages in Canada that Mortgage Made Better competes against in lender-comparison discussions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Mortgage Made Better social profiles
Digital presenceMortgage Made Better financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mortgage Made Better leadership team
Management profileNumber of profiles
Profiles1 record
Mortgage Made Better funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mortgage Made Better M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mortgage Made Better
What does Mortgage Made Better do?
Mortgage Made Better is a Toronto-based mortgage brokerage that connects individual borrowers with a panel of more than 30 lenders to arrange residential mortgage financing. The firm places purchase, refinance, and renewal mortgages, plus specialized products for first-time buyers, self-employed borrowers, newcomers to Canada, real estate investors, and secondary-home purchasers, and is compensated by lenders rather than charging clients direct fees.
Is Mortgage Made Better a public or private company?
Mortgage Made Better is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mortgage Made Better founded?
Mortgage Made Better was founded in 2006. It employs 1 to 10 people.
Where is Mortgage Made Better based?
Mortgage Made Better is headquartered in Toronto, Canada, in the North America region.
How does Mortgage Made Better make money?
Two revenue lines are on record. Lender Commission is the primary driver. The others are broker Fees (Private Lending).
Who are Mortgage Made Better's main competitors?
Emerging players on record are LowestRates.ca, Ratehub.ca, Pineapple (Intellifi) and nesto. Direct peers are CanWise Financial, Verico Financial Group, Dominion Lending Centres, TMG The Mortgage Group and Mortgage Architects. RBC Royal Bank (Mortgage Channel) is listed as a broad incumbent.
Does Mortgage Made Better have an API?
No public API is recorded for Mortgage Made Better.
What industry is Mortgage Made Better in?
Mortgage Made Better's product category is Mortgage Brokerage. Its primary akta.pro industry code is FSAEAEAA, Residential Mortgage Brokerage (Purchase & Refinance), with a secondary code of FSALABAJ, Mortgage Comparison, Marketplace & Rate-Shopping Platforms. Its NAICS code is 522310 and its SIC code is 6163.