Since a new lending guideline - or Guideline B-20, was announced in 2017 by the Office of the Superintendent of Financial Institutions (OFSI), the lending criteria used by most major Canadian banks to qualify an individual for a mortgage has substantially tightened. That’s made it significantly more difficult for the people who qualified before the introduction – including the self-employed – to now successfully apply for a mortgage.

This is where Trident can help. As an equity lender, we provide otherwise credit-worthy borrowers who fall outside of the new, tighter bank lending guidelines, with an alternative source of lending, helping them achieve the dream of home ownership.