Lender History:
A privately held Canadian company in operation since 1975, Community Trust Company (Community Trust) offers a wide range of financial and trustee services to individuals and corporate entities across Canada. They are an alternative lender, but still regulated by OSFI.
In 2019, Community Trust was acquired by Questrade Financial Group (QFG), one of Canada’s leading FinTech companies, and proudly continues to offer its book of products and services as a QFG subsidiary.
Lender Niches
Community Trust offers specialized mortgage solutions designed to accommodate unique borrower needs. Their niche programs include a flexible rental program, allowing investors to finance rental properties with adaptable qualification ratios. They also provide tailored options for self-employed clients, accepting bank statement income to help those with non-traditional income sources qualify more easily.
Factors to consider:
Community Trust operates entirely online with no physical branches, which means all communication and documentation are handled digitally. Some mortgage applications can be paperwork-heavy, especially for self-employed clients or rental property owners. However, Community Trust is known for being a great lending partner for those who own rental properties or are self-employed, offering flexible solutions that traditional lenders may not provide.
Contact Information and Links for Community Trust:
Head Office Location:
2350 Matheson Boulevard East
Mississauga, Ontario L4W 5G9
CanadaContact Information:
Phone: 1 (800) 268-1576
