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Equitable Bank Reviews, Ratings And Fees July 2021

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ADDRESS
30 St. Clair Avenue West, Suite 700
Toronto, Ontario
M4V 3A1
BUSINESS HOURS
  • Monday to Friday 8:30 am - 5 pm
WEBSITE
www.equitablebank.ca/
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Who Is Equitable Bank

Equitable Bank is a mortgage lender that first established itself in 1970.  Equitable Bank is a subsidiary of Equitable Group Inc and is considered as the ninth Largest Schedule I bank in Canada. They offer their clients residential and commercial mortgages as well as saving solutions. They have a great selection of residential mortgage products that can be personalized to each individual’s financial circumstances.

Services

Offered Services

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Loan Range
Rate & Terms
Product Details
Eligibility
Requirements & Documents

Reverse Mortgage

-
Interest Rate
4.59% - 5.64%
Term (Months)
6 - 60
Funding Time
Funding Method
Repayment Options
  • Must be 55+ years old 
  • Must live in a major urban city in one of the following provinces: Ontario, Quebec, British Columbia, or Alberta.
  • Your home must be your primary place of residence. 
  • Must have a minimum property value of 250,000
  • Must have a home appraisal 
  • Must have proof that you can handle property-related expenses. 
  • Must have documents of any debt secured through your property.
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