Butler Mortgage Review Canada 2025 — Broker Service Guide

What Is Butler Mortgage?

Butler Mortgage is one of Canada's largest independent mortgage broker operations, founded by Ron Butler and known for their aggressive rate advertising and transparent approach to mortgage pricing. Butler Mortgage operates primarily online, serving borrowers across Canada with a focus on delivering competitive rates and no-nonsense service.

Ron Butler has become a prominent voice in the Canadian mortgage industry, regularly appearing in media discussing mortgage trends, rates, and consumer advocacy. The brokerage's transparency about how mortgages are priced and what to watch out for has earned them a loyal following.

Butler Mortgage's Approach

Butler Mortgage differentiates through aggressive rate advertising — they regularly publish some of Canada's lowest available mortgage rates publicly. Their model is high volume, low cost: they aim to close large numbers of mortgages efficiently rather than focusing on complex or unusual files.

• Access to 30+ lenders including major banks, credit unions, and monolines
• Online application and document submission
• Licensed mortgage advisors available by phone and email
• Specialization in insured and conventional refinance and purchase mortgages

Butler Mortgage Rates

Butler consistently offers rates that are among the lowest publicly available in Canada, typically beating Big 6 bank posted rates by 0.20%–0.50%. Their published rates are for well-qualified borrowers with strong credit and standard property types.

Butler Mortgage Process

The process is primarily digital: apply online, upload supporting documents, connect with a broker advisor to review your options, and receive your commitment letter. For straightforward purchases and refinances in major urban areas, Butler can typically arrange approvals within 1-3 business days.

Butler Mortgage Pros and Cons

Pros	Cons
Very competitive publicly-posted rates	Less suited for complex self-employed files
Transparent rate advertising	Digital/phone service only — no in-person
Strong consumer advocacy reputation	Volume focus may mean less personal service
Access to monoline lenders with lower IRD penalties	Limited geographic reach for rural properties

Who Butler Mortgage Is Best For

Butler Mortgage is ideal for: rate-focused borrowers who have done their research, T4-employed borrowers with good credit and standard properties, refinancers seeking the best rate at renewal, and borrowers who are comfortable with a primarily digital/phone process.