B lender

B lenders exist for files that are strong in some ways but don't tick every A-lender box: a business owner who writes income down for taxes, someone rebuilding credit, or a buyer with a larger but harder-to-document down payment. They typically charge a rate premium plus a lender/broker fee (often around 1%).

A B mortgage is usually a bridge, not a destination. The plan is a one- or two-year term that gets you into the home or stabilizes your finances, after which you graduate to an A lender at prime pricing once credit or income documentation has improved.

Because B lenders weigh the down payment, property, and exit plan heavily, presenting the file well matters — that's where broker packaging directly affects your rate.