2026 guide
Best mortgage broker software in Canada (2026)
What Canadian brokers actually run, what each piece costs, and the one category that decides whether a deal gets approved.
Last updated August 31, 2026
The short answer
Most Canadian mortgage brokers need two pieces of software, not a suite: bips for placement and deal tracking, and Filogix Expert for submission.
bips tests a borrower scenario against 40+ Canadian lenders in about two minutes and returns which ones will approve it, at what rate, why the others declined, and which BDM to call. It is free for your first 3 placements and $150/month for unlimited. Filogix is the submission standard and is normally supplied by your brokerage.
That means a working placement stack starts at $0. The bips CRM is $29/month after a 14-day free trial, and unlimited placements only cost money once your volume justifies them.
The five categories, in the order they matter
Most software lists start with the CRM. That is backwards. Storing a client never lost a broker a deal; placing one in the wrong spot does.
- 01
Placement (which lender will approve this deal)
Takes a real borrower scenario and tells you which lenders will actually approve it, at what rate, and why the rest declined.
This is where the hours go. Checking a complex file against lenders by hand takes 2-4 hours, and most brokers only check the 5-10 lenders they already know.
- Use
- bips
- Cost
- Free for 3 placements, then $150/month
- 02
Submission
Sends the completed application to the lender electronically.
Industry standard in Canada. Submission tools handle how you submit, not who you should submit to.
- Use
- Filogix Expert
- Cost
- Usually provided by your brokerage
- 03
Client and deal tracking
Pipeline stages, renewal dates, document checklists, notes, and client history.
Standalone mortgage CRMs run $99-$150+/month and none of them place a deal. The bips CRM costs a fraction of that and attaches placements straight to the client file.
- Use
- bips CRM
- Cost
- $29/month, 14-day free trial
- 04
Calculators
GDS, TDS, LTV, stress test, CMHC premiums, affordability.
Canadian mortgages compound semi-annually. Calculators built for the US market use monthly compounding and return the wrong number.
- Use
- bips calculators
- Cost
- Free, no account needed
- 05
Automation and admin
Scheduling, e-signatures, and connecting the tools you already use.
Useful, but optional. Do not buy automation before you have volume to automate.
- Use
- Calendly, DocuSign, Zapier, Google Workspace
- Cost
- $0-$40/month
Compare
Mortgage broker platforms sold in Canada
Almost every platform in this table stores clients. One of them tells you where the deal gets approved.
| Platform | Price | Deal-specific lender matching | Client tracking | Built for Canada |
|---|---|---|---|---|
| bips | Free, then $150/mo; CRM $29/mo | Lender matching: yes | Client tracking: yes | Built for Canada: yes |
| Lender Spotlight | $99+/mo | Lender matching: no | Client tracking: no | Built for Canada: yes |
| BluMortgage | $99+/mo | Lender matching: no | Client tracking: yes | Built for Canada: yes |
| Shape CRM | $119/mo | Lender matching: no | Client tracking: yes | Built for Canada: no |
| BNTouch | $148/mo | Lender matching: no | Client tracking: yes | Built for Canada: no |
| Mortgage Automator | $149+/mo | Lender matching: no | Client tracking: yes | Built for Canada: yes |
| Jungo | $150+/mo | Lender matching: no | Client tracking: yes | Built for Canada: no |
| Aidium | $150+/mo | Lender matching: no | Client tracking: yes | Built for Canada: no |
Competitor prices are from publicly available pricing and are checked periodically. Confirm current pricing with each vendor before making a decision.
How to choose: follow the hours, not the feature list
Broker software gets bought on feature lists and regretted on invoices. A more useful test is to look at where a week actually goes.
Submission is fast and already solved. Client notes take minutes. What takes hours is placement: opening rate sheets, re-reading guidelines that changed last month, working out whether this borrower clears the stress test at this LTV, and calling a BDM to ask a question the guideline already answered. On a complex file that is two to four hours, and it repeats on every deal.
It is also the step with the most money attached. A deal that one lender declines often passes at three others a broker never checked, because checking them by hand was not worth the time. That is not a small inefficiency, it is a funded deal.
So the order to buy in is: solve placement first, use whatever your brokerage gives you for submission, and add a CRM once you have a pipeline to track. The bips CRM is $29/month and attaches every placement to the client file.
Common questions
What is the best mortgage broker software in Canada?
What software do mortgage brokers use?
How much does mortgage broker software cost in Canada?
What software does a new mortgage broker need?
Do I need a mortgage-specific CRM?
Is there AI software for Canadian mortgage brokers?
Start with the deal you are stuck on
Three placements free, no credit card. Paste the scenario and see which of 40+ Canadian lenders would approve it.
Requires a valid brokerage affiliation and mortgage broker licence number.