Now is the time to lock in 1% prescribed rate on family loans, achieve income splitting opportunity
With this announcement, three of the Big Six now have specialized lending programs
In its first two weeks the program has attracted more than 600 inquiries
Investors who borrowed money to purchase a now-defunct investment can still write off interest on the loan
Loan program now available to advisors
Letting margin and off-book lending proliferate simply invites disaster — as does any arrangement that incentivizes advisors to recommend leveraging
The acquisition is one element of B2B Bank’s long-standing interest in adding to its investment loan portfolio
RSP and investments loans available through advisors
Program expands to include RESPs
Bank to offer preferred rates on investment and RRSP loans