Why Our Mortgage Isn’t With A BIG BANK

Readiness Tool for Home Buyers: https://home.growwithnav.com/ Looking for the best Mortgage rate? 📞 Book a 1-on-1 call → https://www.growwithnav.com/book-a-call 🚀 Watch the First time home buyer masterclass - https://www.growwithnav.com/freeclass 🌱 Join my Inner circle → https://www.growwithnav.com/grownation 🧠 Free weekly Newsletter → https://www.growwithnav.com/free-news... 📊Resources: https://www.growwithnav.com/5amclub 🎥 What This Video is About: Are B lenders actually bad — or are they just misunderstood? In this kitchen table conversation, we break down why many business owners, self-employed buyers, and contractors in Canada sometimes use B lenders instead of A lenders when buying a home or refinancing. We explain the difference between A lenders, B lenders, and private lenders, why traditional banks often prefer T4 income, and how business owners with retained earnings or lower personal income may still qualify through alternative lending options. Navjot also breaks down the real math behind B lender fees, higher interest rates, taxes, down payment requirements, net worth programs, and how business owners can eventually move back to an A lender. This episode is especially helpful if you are: Self-employed in Canada A business owner trying to qualify for a mortgage Wondering why banks won’t use your full business income Comparing A lenders vs B lenders Trying to understand 20% down payment, 35% equity, or net worth programs Planning how to exit a B lender mortgage later B lenders are not for people who cannot afford the mortgage. They are usually for people who make good money, but may not show enough personal income on paper because their income stays inside the business. Watch the full conversation to understand when a B lender can make sense — and when it does not. 🏡 Grow With Nav is not just a channel — it's a movement. I’m a licensed mortgage agent (Indi Mortgage, FSRA#12403) helping first-time buyers retire early, build net worth, and become mortgage-free smarter and faster. Every video is a blend of storytelling, financial truth, and actionable strategy. Timestamps: 00:00 B Lenders Aren’t Bad Lenders 00:33 Why Business Owners Use B Lenders 01:09 A Lenders vs B Lenders vs Private Lenders 01:51 How B Lenders Qualify Self-Employed Buyers 03:43 The Real Cost: Tax, Fees, and Rates 06:14 How to Move Back to an A Lender 07:02 Net Worth and Equity Programs Explained 09:19 Who B Lenders Are Actually For