What Compass Mortgage Group does

Compass Mortgage Group is a full-service mortgage brokerage headquartered in Kelowna, British Columbia, arranging residential and commercial mortgage financing for clients across BC and Alberta. The firm operates as a brand and division under parent company Tango Financial and is a member of the VERICO Mortgage Brokers Network, a national brokerage network that provides lender access, shared resources, and national credibility. Compass Mortgage advisors work directly with clients through a consultative sales model, comparing products across a mix of major Canadian banks, credit unions, and private lenders, and matching each borrower to the institution offering the best fit rather than selling a single lender's product. The firm also offers multi-language service capability to serve immigrant, non-resident, and other non-English-preferred borrower segments.

The company's offering is organized into six core service modules: Purchase (residential financing for primary residences, rentals, new construction, vacation homes, acreage, non-resident, and new immigrant borrowers), Refinance (equity unlocking, debt consolidation, renovation funding), Home Equity Lines of Credit, Private Mortgage (alternative lending for borrowers who do not qualify with traditional lenders), Specialized Solutions (reverse mortgages, purchase plus improvements, tax-efficient strategies), and Commercial (financing for retail, industrial, and office properties via specialized lenders). No proprietary technology platform is disclosed; the operational infrastructure is provided by Tango Financial, and the firm's web presence is hosted under tangofinancial.ca.

Compass Mortgage generates revenue through commissions paid by lenders on successfully arranged mortgage transactions (a transaction-fee revenue model). Pricing is quote-based per client engagement with no publicly disclosed fee schedule, consistent with industry norms where broker compensation is paid out of lender yield. The go-to-market relies primarily on direct advisor consultations sourced through the Tango Financial website, online contact forms, and phone inquiries, supplemented by referral flows from the VERICO network. The brokerage does not employ institutional sales, paid digital advertising at scale, or app-based distribution channels.

Name

Compass Mortgage Group

Legal name

Compass Mortgage

Website

https://compassmortgagegroup.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Compass Mortgage Group is a Kelowna-based mortgage brokerage serving British Columbia and Alberta, arranging residential and commercial financing across banks, credit unions, and private lenders as part of the VERICO network and Tango Financial platform.

Ownership category

akta.pro rank

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

Commercial Mortgage Brokerage (FSAEAEAB), Hard Money / Private Mortgage Brokers (FSALABAH), Mortgage Comparison, Marketplace & Rate-Shopping Platforms (FSALABAJ)

Keywords

• Mortgage brokerage services
• Residential mortgage lending
• Commercial property financing
• Home equity lending
• Mortgage refinancing

Headquarters

HQ city

Kelowna

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mortgage Brokerage Commissions: Compass Mortgage generates revenue through commissions earned from lenders when mortgage transactions are facilitated. As a mortgage brokerage, they arrange financing between borrowers and lenders, earning referral fees or commissions from the lending institutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Compass Mortgage Group is a full-service mortgage brokerage that arranges residential and commercial financing for clients across British Columbia and Alberta. Operating as a division under Tango Financial and a member of the VERICO Mortgage Brokers Network, the firm compares mortgage products across major banks, credit unions, and private lenders, then advocates for the best fit on behalf of individual borrowers and property investors. Core offerings include purchase financing, refinancing, home equity lines of credit, private mortgages, specialized solutions, and commercial property financing.

Product overview

Compass Mortgage is a full-service mortgage brokerage operating as a platform delivering financing solutions across British Columbia and Alberta. The offering consists of six core service modules: Purchase (residential property financing), Refinance (equity unlocking and debt consolidation), Home Equity Lines of Credit (flexible credit secured by property), Private Mortgage (alternative lending for unique situations), Specialized Solutions (reverse mortgages, purchase plus improvements, tax-efficient strategies), and Commercial (retail, industrial, and office property financing). The platform is powered by Tango Financial and operates as part of the VERICO Mortgage Brokers Network, providing access to major banks, credit unions, and private lenders across Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Purchase
• Refinance Mortgage refinancing brokerage service that helps existing property owners unlock equity to consolidate debt, fund renovations, access cash for investments, or restructure their mortgage for better flexibility. Targeted at Canadian homeowners in BC and Alberta.
• Home Equity Lines of Credit Flexible credit solution secured by the home, often featuring interest-only payment options, arranged through Compass's lender network. Available for both purchases and refinances, targeted at existing Canadian homeowners.
• Private Mortgage Brokerage of private funding options for borrowers who do not fit traditional lender criteria, addressing unique timelines or qualification needs. Sourced through Compass's private lender network for BC and Alberta borrowers.
• Specialized Solutions Niche mortgage programs including reverse mortgages, purchase plus improvements, and tax-efficient strategies, plus other specialized offerings tailored to individual borrower goals in BC and Alberta.
• Commercial Commercial property financing brokerage for retail, industrial, and office properties, with access to specialized lenders and non-traditional options when deals require creative structuring. Targeted at commercial property owners, investors, and businesses in BC and Alberta.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Tango FinancialcoreStrategic or Co-development PartnerCompass Mortgage is powered by Tango Financial, utilizing their platform to deliver mortgage services. Tango Financial provides the technological and operational infrastructure supporting Compass's brokerage operations across BC and Alberta.
• VERICO Mortgage Brokers NetworkcoreChannel Partner/ Reseller/ DistributorCompass Mortgage is a member of the VERICO Mortgage Brokers Network, a national network of mortgage brokers providing mutual support, exclusive products, and shared resources. Membership provides national credibility and access to network-wide benefits.
• Major Banks (Lender Network)minorOthersThrough their network, Compass works with major banks across Canada as part of their lender mix, providing traditional mortgage products alongside alternative lending sources.
• Credit Unions (Lender Network)minorOthersCredit union partnerships expand the lender options available to Compass clients, offering community-based lending alternatives with potentially different product structures.
• Private Lenders (Lender Network)minorOthersPrivate lender partnerships enable Compass to serve clients who may not qualify with traditional lenders, offering flexible terms and unique timelines for those with complex situations.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Emerging players

• Pineapple Financial: Canada's first publicly listed mortgage brokerage, focused on digital-first residential mortgage origination. Comparable to Compass on core mortgage brokerage economics but differentiated by its digital channel and public-market scale ambitions.
• CanWise Financial (Ratehub): Canadian online mortgage brokerage and rate-comparison platform owned by Ratehub. Comparable to Compass on multi-lender mortgage origination, with a digital-first comparison and lead-generation model that overlaps with Compass's brokerage offering.
• nesto: Canadian digital mortgage brokerage offering multi-lender comparison through an online platform. Comparable to Compass on multi-lender mortgage brokerage model, but competing via a digital-native experience that pressures traditional advisor-driven brokerages.

Direct peers

• Centum Financial Group: Canadian independent mortgage brokerage and financial services network operating across multiple provinces. Comparable to Compass on residential and commercial mortgage brokerage model, with similar commission-based economics and lender network.
• Dominion Lending Centres: Canada's largest national mortgage brokerage network with thousands of brokers across all provinces. Directly comparable as a multi-lender, commission-based mortgage broker serving residential and commercial borrowers, with similar network-partnership economics to Compass's VERICO affiliation.
• M3 Financial Group: Canadian mortgage and financial services brokerage serving residential and commercial clients through a multi-lender platform. Comparable to Compass on commission-based multi-lender origination, with a similar mix of bank and alternative lender access.
• TMG The Mortgage Group: National Canadian mortgage brokerage network offering residential and commercial financing through independent broker members. Closely comparable to Compass in model, multi-lender access, and broker-network affiliation structure.
• Mortgage Architects: Canadian mortgage brokerage network providing residential, commercial, and private lending through member brokers. Directly comparable to Compass on multi-lender brokerage model, advisor-driven sales, and lender-network affiliation.

Broad incumbents

• Tango Financial: Compass's parent operating company and platform provider. While not an external peer, Tango Financial houses other mortgage brands and shares the same lender network, infrastructure, and operational model that Compass operates under.
• VERICO Mortgage Brokers Network: National Canadian mortgage broker network of which Compass is a member. Comparable as Compass's own parent network; provides the lender access, branding, and referral infrastructure that defines Compass's distribution advantage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/jewels-ferris-mortgages

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Compass Mortgage Group