Listed below are the top 10 mortgage lenders in Canada ranked by lending volume. Canada’s big 5 banks hold two out of three mortgages or approximately 70% market share. RBC is the largest mortgage lender in Canada with residential mortgages of more than C$311 billion. First National is the largest non-bank originator and underwriter of residential and commercial mortgages in Canada with C$100.2 billion in total mortgages under administration as of October 31, 2017.

Rank Company Residential Mortgages, C$b (10/2017) Non-residential Mortgages, C$b (10/2017)
1 Royal Bank of Canada 311.233 26.967
2 Toronto-Dominion Bank 280.045 44.850
3 Bank of Nova Scotia 269.692 2.357
4 Canadian Imperial Bank of Commerce 237.243 6.783
5 Bank of Montreal (BMO) 140.390 11.744
6 Desjardins Group 111.442 n/a
7 First National Financial 77.123* 23.054**
8 National Bank of Canada 57.770 1.519
9 HSBC Bank Canada 23.584 0.003
10 Home Trust Company 13.677 1.029
11 Laurentian Bank of Canada 20.605 3.759
12 Canadian Western Bank 6.986 8.485
13 Tangerine Bank 6.869 0.057

* Single-family residential mortgages
** Multi-unit residential and commercial mortgages