Overview
B2B Bank is a subsidiary of Laurentian Bank of Canada and offers a range of competitive mortgage products through Canadian mortgage brokers. Their portfolio includes fixed and variable-rate mortgages, high-ratio and refinancing options, as well as specialized solutions for first-time buyers and investors. B2B Bank is known for its flexibility, transparent terms, and customer-focused service, making it a strong choice for both new and seasoned Canadian homebuyers.
B2B Bank Current Mortgage Rates (as of July 2025)
Rates can vary based on down payment, credit profile, and mortgage product. Below are recent published rates; always confirm the latest rates directly with B2B Bank or your mortgage broker.
| Term | B2B Bank Posted Rate | Typical Canadian Lowest Rate |
|---|
| 1-Year Fixed | 6.09% | 4.94% |
| 2-Year Fixed | 5.99% | 4.24% |
| 3-Year Fixed | 6.04% | 4.09% |
| 4-Year Fixed | 6.09% | 4.34% |
| 5-Year Fixed | Not listed | 4.24% |
| Variable (Prime+) | 5.70% (Prime+0.50%) | 4.30% |
| B2B Bank Prime Rate | 4.95% | |
- Prime Rate is subject to change; the above is as of March 2025.
- Alternative Mortgage Rate (for those with non-traditional profiles): 8.30%.
Mortgage Products & Features
- Fixed-Rate Mortgages: Lock in your interest rate for a set term, providing predictable payments.
- Variable-Rate Mortgages: Rate fluctuates with B2B Bank’s prime rate, starting at Prime + 0.50% (currently 5.70%).
- High-Ratio Mortgages: For buyers with less than 20% down, insured by CMHC or similar.
- Prepayment Privileges: Up to 15% of original principal per year, or increase regular payments by up to 15% annually, after the first anniversary.
- Refinancing: Access equity, lower rates, or consolidate debt.
- Collateral Mortgages & HELOCs: Flexible access to equity as your home’s value grows.
- First-Time Buyer Solutions: Tailored programs for new homeowners.
How B2B Bank Compares to Other Major Canadian Banks
| Lender | 5-Year Fixed | 5-Year Variable | Prime Rate | Notable Features |
|---|
| B2B Bank | Not listed | 5.70% | 4.95% | Broker-only, flexible, prepayment |
| RBC | ~4.95% | ~4.30% | 4.95% | Wide network, direct retail |
| TD | ~4.95% | ~4.30% | 4.95% | Popular among first-time buyers |
| CIBC | ~4.95% | ~4.30% | 4.95% | Range of products |
| Scotiabank | ~4.95% | ~4.30% | 4.95% | Large branch network |
B2B Bank primarily services clients through mortgage brokers and financial advisors, which can result in more personalized options and sometimes better-negotiated rates, especially for investors and self-employed borrowers.
Provincial Variations
- Regulations & Programs: Mortgage qualification rules (e.g., land transfer taxes, rebate programs) can differ by province. Always review your provincial government’s website for the latest incentives and requirements.
- Availability: B2B Bank mortgages are available Canada-wide but broker access may vary by region.
First-Time Homebuyer Programs
- Federal Programs: B2B Bank mortgages are eligible for national programs like the First-Time Home Buyer Incentive, Home Buyers’ Plan (RRSP withdrawal), and GST/HST rebates.
- Provincial Incentives: Additional grants and tax rebates may be available in Ontario, BC, Quebec, and other provinces.
- High-Ratio Mortgages: B2B Bank supports insured mortgages for down payments as low as 5%.
Recommendations & Next Steps
- Compare Rates: Use a trusted rate comparison platform like theratefinder to see B2B Bank against other lenders and get personalized, up-to-date offers.
- Get Pre-Approved: Strengthen your negotiating position and clarify your budget.
- Consult a Broker: B2B Bank is a broker-exclusive lender—your broker can help you access the best rates and features for your situation.
- Start Your Application: For a tailored mortgage solution, begin your application at theratefinder.ca/onboarding. Theratefinder connects you with top lenders and offers a streamlined, competitive process for residential, commercial, and construction loans.
Summary
B2B Bank offers competitive fixed and variable mortgage rates, flexible prepayment options, and products for a range of Canadian borrowers, including first-time buyers and investors. Rates are broker-negotiated and can be highly competitive. Always compare rates with other major banks, review provincial programs, and start your application with theratefinder for the best results.