Flexible Mortgage Solutions Beyond the Big Banks
For self-employed Canadians, credit rebuilders, and non-standard situations. Alternative lenders offer the flexibility you need at rates far better than private financing.
Who We Help
Alternative lending is designed for real people in real situations
You do not need a perfect credit score or a T4 employment slip to get a mortgage. B-lenders exist to serve Canadians that banks overlook.
Self-Employed With Non-Verifiable Income
If you run a business and write off significant expenses, your reported income may not reflect your true earning power. B-lenders offer stated income programs that look at the bigger picture.
Credit Scores Between 550 and 679
Your credit is not perfect, but it does not need to be. B-lenders are designed to work with borrowers who fall below A-lender thresholds but are actively rebuilding.
Rental Property Investors
Building a rental portfolio? B-lenders often have more flexible guidelines for investment properties, including how they calculate rental income toward qualification.
Non-Standard Properties
Properties that do not fit neatly into bank criteria — rural properties, mixed-use buildings, or unique construction types — can often be financed through alternative lenders.
Recent Credit Events
A consumer proposal discharged two years ago or a missed payment from last year does not have to derail your plans. B-lenders evaluate the full picture, not just the lowest point.
Understanding Your Options
A-Lender vs. B-Lender vs. Private
Each lending tier serves a different purpose. Here is how they compare.
| Feature | A-Lender (Bank) | B-Lender | Private |
|---|---|---|---|
| Interest rates | 3.5% to 5.5% | 5% to 7% | 7% to 15%+ |
| Minimum credit score | 680+ | 550+ | No minimum |
| Income verification | Full documentation required | Stated income accepted | Minimal or none |
| Approval time | 2 to 4 weeks | 1 to 3 weeks | 1 to 2 weeks |
| Typical terms | 1 to 5 years | 1 to 5 years | 1 to 3 years |
| Best for | Strong credit, salaried income | Self-employed, rebuilding credit | Urgent needs, declined elsewhere |
Rates and criteria are approximate and vary by lender. A licensed mortgage professional can help determine which tier you qualify for.
Why B-Lending
The best of both worlds
Alternative lenders bridge the gap between the rigid requirements of banks and the higher costs of private lending.
More Flexible Than Banks
B-lenders accept stated income, work with lower credit scores, and evaluate applications with a broader lens than the rigid criteria used by major banks.
Better Rates Than Private
Alternative lender rates are significantly lower than private mortgage rates. If you qualify for a B-lender, you save thousands in interest compared to private financing.
A Path to A-Lending
Many B-lender clients graduate to A-lender rates within 1 to 3 years as they rebuild credit and document income. It is a natural progression toward the best rates available.
See If You Qualify for Alternative Lending
Answer a few questions and a licensed mortgage professional will review your situation to determine the best lending tier for you — whether that is a B-lender, A-lender, or another solution entirely.
Check Your OptionsFree to use. No obligation. No impact on your credit.
Find Out If You Qualify
Leave your details and a licensed mortgage professional will assess your situation and recommend the best lending option — no cost, no obligation.
Not Sure Which Lending Tier Is Right for You?
Speak with a licensed professional who can assess your situation and recommend the best path forward.