★ INDEPENDENT REVIEW · UPDATED JUN 2026 ★

Butler Review

Ontario's rate-floor specialist · est. 2002 · Markham
8.7/10
★ #1 POSTED RATES · ONTARIO

We compared Butler against Nesto, Pine, and the Big-6 for an insured 5-year fixed renewal in Toronto. Butler won by 0.05% at 4.54% vs Nesto at 4.59%. Process was 100% email/portal, no advisor calls required. TL;DR: if you\'re an A-credit borrower in Ontario buying with an insured mortgage, Butler is probably the cheapest available rate in Canada.

★ THE SCORECARD ★

How we arrived at 8.7/10

Rates9.7/10

Often #1 on RateHub and RatesDotCa comparison sites — usually 0.05% under Nesto on insured 5-year fixed.

Tech / UX7.5/10

Functional online intake, mostly email-driven after. No fancy dashboard like Pine.

Customer service8.5/10

Trustpilot 4.7 ★. Responsive but transactional — not white-glove like Homewise.

Lender network7.5/10

40+ A-lenders. No B-lender or private. Insured-only specialist.

Eligibility7.0/10

Stricter than Nesto — needs 680+ credit, employed (not self-employed), 5%+ down.

★ SHOULD YOU? ★

Who Butler is for

✓ PERFECT FOR
  • Ontario A-credit buyers with 5–20% down on an insured purchase
  • Renewal shoppers wanting the absolute lowest insured 5-year fixed
  • Email-comfortable buyers who don't need phone handholding
  • Anyone whose file is "textbook" — clean income, good credit, no surprises
✗ LOOK ELSEWHERE
  • Self-employed, post-bankruptcy, or thin-file borrowers
  • Out-of-Ontario buyers (referred to partner brokers anyway)
  • Anyone who wants a B-lender or private mortgage
  • Buyers who want an advisor walking them through every line
★ FREQUENTLY ASKED ★

Quick answers

8.7/10
FINAL VERDICT

Cheapest insured rate in Ontario, period.

If your file is clean and you\'re in Ontario, Butler is almost certainly your lowest available rate. Trade-off: minimal handholding. Worth a quote for any A-credit purchase or renewal.

Get a Butler quote ↗