The Complete Tool Guide for Canadian Mortgage Brokers
Everything you need to run a profitable brokerage in 2026
Whether you're a new broker building your first stack or an experienced professional looking to upgrade, this guide covers the 5 essential tool categories every Canadian mortgage broker needs.
The 5 tool categories every broker needs
From CRM to automation, here's what makes up a modern mortgage broker's technology stack.
01
CRM & Client Management
Track every contact, deal, and renewal. The backbone of any brokerage.
$29/month — unlimited contacts, pipeline tracking, renewal reminders, document checklists
Alternatives:
02
Lender Matching & Deal Analysis
Find the best lender products for each client scenario across 40+ lenders.
$150/month — the only AI-powered lender matching tool for Canadian brokers
Alternatives:
03
Deal Submission
Submit mortgage applications to lenders electronically.
Industry standard — typically provided by your brokerage at no extra cost
04
Mortgage Calculators & Tools
Payment calculators, stress test tools, and affordability analysis.
Free with any bips plan — payment, affordability, and stress test calculators
Alternatives:
05
Automation & Productivity
Scheduling, e-signatures, and workflow automation to save hours every week.
Combine best-in-class tools for scheduling, signatures, and workflow automation
Recommended stack for new brokers
Just getting started? Here's the simplest path to a fully operational brokerage in 3 steps.
bips CRM
$29/month
Manage your clients from day one. Unlimited contacts, pipeline tracking, renewal reminders, and document checklists.
Filogix Expert
Via your brokerage
Submit deals to lenders. Your brokerage typically provides access as part of your onboarding.
bips AI Lender Matching
$150/month
When your volume grows, add AI lender matching to find the best products for every client in seconds.
How much does it cost to run a brokerage?
Your technology stack doesn't have to break the bank. Here's what it actually costs.
| Stack | Monthly | Annual |
|---|---|---|
| Minimum Viable Stack bips CRM + Filogix (via brokerage) | $29/mo | $348/yr |
| Full Stack bips CRM + AI Matching + AI Assistant | $199/mo | $2,388/yr |
| Competitor Stack BluMortgage + Lender Spotlight | $200+/mo | $2,400+/yr |
Start a brokerage for $29/month
With bips CRM and Filogix (via your brokerage), you have a fully operational technology stack from day one. No massive upfront investment required.
Frequently asked questions
Common questions about mortgage broker tools and software.
What tools does a mortgage broker need to get started?
At minimum, you need a CRM to manage clients and deal submission software (Filogix Expert, typically provided by your brokerage). That's it — you can run a brokerage for as little as $29/month with bips CRM. Add lender matching and calculators as your volume grows.
What's the best software for new mortgage brokers?
Start with bips CRM ($29/month) for unlimited contacts and pipeline tracking, plus Filogix Expert (via your brokerage) for deal submission. This gives you everything you need from day one without a large upfront investment.
How much does mortgage broker software cost per month?
A minimum viable stack costs $29/month (bips CRM + Filogix via brokerage). A full-featured stack with CRM, AI lender matching, and AI assistant costs $199/month with bips. Competing solutions cost $200+/month with fewer features.
Do I need a mortgage-specific CRM or can I use HubSpot?
A mortgage-specific CRM is strongly recommended. Generic CRMs require extensive customization to handle mortgage stages, renewal tracking, document checklists, and lender matching. bips works out of the box for mortgage brokers and costs less than most generic CRM plans.
What is lender matching software and do I need it?
Lender matching software analyzes client scenarios and finds the best lender products automatically. It's not essential when starting out, but becomes invaluable as your volume grows. bips is the only tool that uses AI to match across 40+ Canadian lenders in seconds.
Can bips replace multiple tools I'm currently using?
Yes. bips combines CRM, lender matching, mortgage calculators, and AI assistant in one platform. Instead of paying for separate CRM, lender matching, and calculator subscriptions, you get everything in one place starting at $29/month.
Ready to build your broker toolkit?
Start with bips CRM at $29/month. Add tools as you grow.
Free trial. No credit card required. Unlimited contacts from day one.