TORONTO, April 24, 2014 /CNW Telbec/ - 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 solutions - designed for clients with a wide range of employment and income profiles.
"Our extended range of mortgage loan programs builds on our commitment to mortgage brokers and will support them in building their business by giving them access to solutions that provide an even better fit with the diverse mortgage needs of their clients," states François Desjardins, President and CEO of B2B Bank. "In addition to opening up new business opportunities for mortgage brokers, we will continue to offer competitive rates and a quality service experience."
These 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 mortgage solutions, 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.
The addition of alternative and expanded solutions make B2B Bank's mortgage offering one of the most comprehensive in the Canadian market. It also strengthens B2B Bank's position as a leader in serving financial advisors and brokers in Canada.
About B2B Bank
B2B Bank is a leading provider of banking products to more than 27,000 financial advisors and brokers across Canada. Through the professional advisor and broker channels, it offers a broad range of products and services to consumers, including investment and RSP loans, mortgages, GICs, banking services, and investment accounts through B2B Bank Dealer Services. B2B Bank has been proudly dedicated to serving the needs of its clients for more than a decade, and it continues to provide innovative products and solutions that help advisors and brokers build rewarding relationships with their clients.
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. B2B Bank is a member of industry associations serving the financial community and is also a member of the Canada Deposit Insurance Corporation (CDIC). For more information please visit b2bbank.com.
SOURCE: B2B Bank
For further information:
Public Relations Advisor
B2B Bank / Laurentian Bank
1 855 707-0888