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Equitable Group Inc. is the 100% owner of The Equitable
Trust Company, a federally incorporated Trust Company.
The Equitable Trust
Company
Equitable Trust provides mortgage financing to purchasers
of properties primarily located in south-western Ontario
with focus on the Greater Toronto Area and surrounding
commuter regions.
Residential Mortgage
Financing
Equitable Trust’s principal business is residential
first mortgage financing to owners of single family
dwellings and multi-unit residential buildings. Selectively,
the Company also provides first mortgage financing on
a variety of commerial (non-residential) properties.
In the single family dwelling market, Equitable Trust
is an alternative lender to borrowers who are unable
to satisfy the strict underwriting criteria of conventional
bank mortgage lenders.
Deposit
Taking
Equitable Trust is a federally regulated financial institution
and is authorized to accept deposits from the public
in all provinces and territories across Canada. We accept
deposits by issuing Guaranteed Investment Certificates
(“GICs”) and pay interest on deposits held.
Mortgage-Backed
Securities
We fund Canada Mortgage & Housing Corporation ("CMHC")
insured mortgages originated through our brokerage partnerships
across Canada and securitize these mortgages under a
national program (the "CMHC-MBS Program")
approved under the National Housing Act (the "NHA").
Our head office is located
at:
Equitable Group Inc.
30 St. Clair Avenue West, Suite 700,
Toronto, Ontario,
M4V 3A1 |