Is getting mortgage from a B lender a good idea ?
B lenders are a great option & moreover they are more flexible with their terms and conditions.
These institutions offer a lower barrier of entry to qualifying for their products but can offset that with higher interest rates.
In short, they cater to people who may not be eligible for a mortgage or a credit card at one of Canada’s six big banks because they lack either strong credit history or a guaranteed income (recent immigrants, or the self-employed, for instance)
For Mortgage advice reach out to team Equity Avenue Mortgages
✔️Visit www.equitymtg.ca
✔️Call 1800.403.7201
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