Equitable Bank
Virtual Canadian bank established in 1970 accessible only through a mortgage broker. This bank specializes in residential mortgage loans and commercial loans, and manages about $22 billion dollars in assets.
Obtaining a mortgage with Equitable Bank
Multi-Prêts brokers offer Equitable Bank’s products in addition to multiple other mortgage products. To find out if Equitable Bank products are suitable in your situation.
Advantages
- Virtual bank
- Works exclusively with mortgage brokers
- The EQB Evolution Suite offers mortgage solutions for the self-employed, newcomers to Canada and those who have previously declared bankruptcy or have a difficult credit history.
- PATH Home Plan – a reverse mortgage for Canadians who are 55 or over that transforms part of the net value of your home into an additional source of income.
