Canada’s mortgage market is facing unprecedented pressure as 2026 becomes a record renewal year, with 1.15 million mortgages set to renew. For Greater Toronto Area borrowers, this renewal wave carries real consequences—many face significantly higher monthly payments as rates have shifted since their original mortgages were issued.
A new survey from Canadian Mortgage Professional’s 20th annual “Brokers on Lenders” report reveals which lenders are earning broker trust during this high-pressure period. The rankings now separately evaluate Prime and Alternative lenders, reflecting the distinct pressures affecting each market segment.
Among top performers is Manulife Canada, which emphasized its commitment to comprehensive client solutions beyond traditional lending. According to Jenn Ruso, VP and head of residential lending and distribution at Manulife, the lender is “focused on providing solutions and supporting clients with their broader financial needs.”
For GTA homeowners navigating renewals, broker rankings highlighting speed, flexibility, competitive rates, and transparent service offer crucial guidance. As borrowers reassess their options amid rising costs, understanding which lenders earn professional trust becomes essential to securing favorable renewal terms.
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