B2B Bank expands product lineup for mortgage brokers

The new products are intended for borrowers who, due to their employment status or credit history, are in need of an alternative to insured or conventional mortgage loans. With these mortgages, brokers will be positioned to better serve borrowers such as those that are in business for self, new professionals, clients earning a secondary income, borrowers on the road to rebuilding their credit profile, and those clients who are unable to provide all the documentation required for an insured or conventional mortgage.

B2B Bank is a Schedule I bank with more than $13 billion in consumer deposits, $9.2 billion in loans and mortgages, and $28.7 billion in assets under administration.Toronto-based B2B Bank is broadening its mortgage offering for mortgage brokers and their clients with the addition of two new mortgage programs.

Along with insured and conventional mortgages, B2B Bank now offers alternative and expanded mortgage loans, designed for clients with a wide range of employment and income profiles.

The new products are intended for borrowers who, due to their employment status or credit history, are in need of an alternative to insured or conventional mortgage loans. With these mortgages, brokers will be positioned to better serve borrowers such as those that are in business for self, new professionals, clients earning a secondary income, borrowers on the road to rebuilding their credit profile, and those clients who are unable to provide all the documentation required for an insured or conventional mortgage.

B2B Bank is a Schedule I bank with more than $13 billion in consumer deposits, $9.2 billion in loans and mortgages, and $28.7 billion in assets under administration.