Lender History:
Founded in 2016, Wealth One Bank of Canada is a federally chartered Schedule I digital bank headquartered in Toronto. Established by a group of Chinese Canadian entrepreneurs, the bank was created to serve the unique financial needs of the Chinese Canadian community and other underserved markets. Wealth One offers a range of banking services, including personal and business deposits, residential and commercial mortgages, with a focus on providing flexible solutions for self-employed individuals, newcomers to Canada, and investors with multiple properties. The bank emphasizes personalized, multilingual customer service and operates primarily through online and mobile platforms, with offices in Toronto and Vancouver.
Lender Niches
Wealth One Bank of Canada specializes in flexible mortgage solutions for borrowers who may not fit traditional lending criteria. Their niche programs cater to self-employed individuals, newcomers to Canada, real estate investors (including multi-unit properties), high net worth clients, and those with foreign income. This focus allows Wealth One to provide personalized financing options tailored to diverse and unique financial situations.
Factors to consider:
Contact Information and Links for WealthOne Bank of Canada:
Head Office Location:
18 King Street East, Suite 1002
Toronto, ON
M5C 1C4
