Alternative & B-Lender Mortgage Solutions
Not everyone fits the standard bank lending box — self-employed income, past credit issues, or non-traditional income sources can all make it harder to qualify with an "A" lender. Alternative (B) lenders offer more flexible qualification criteria, often at a modestly higher rate than a traditional bank mortgage.
Who Alternative Lending Helps
- Self-employed borrowers whose deductions reduce their reported income
- Borrowers with past credit challenges who need time to rebuild
- Those with non-traditional or harder-to-document income sources
- Borrowers who don't quite fit standard lending ratios but are otherwise strong candidates
A self-employed borrower whose reported taxable income looks low after write-offs might not qualify at a traditional bank for the mortgage they need, but could qualify with a B lender — for illustration, at a modestly higher rate than a conventional 4% mortgage rate — with a plan to move back to an A lender once their income history builds up.
The rate mentioned above is a hypothetical example for illustration only, not a quote or guarantee. Actual rates and terms vary by lender and individual application.
Frequently Asked Questions
No — alternative lending also helps self-employed borrowers and those with non-traditional income, not just people rebuilding credit.
Don't Fit the Standard Bank Box?
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