RFA Bank of Canada.
A Mortgage Made for You
Learn about RFA Bank of Canada, our Alternative mortgage lender.
ABOUT RFA BANK OF CANADA.
RFA Bank of Canada is a federally regulated Schedule I Bank specializing in Alternative mortgage lending (Alt-A) through the broker channel. We provide flexible financing solutions to meet the diverse needs of borrowers, while offering secure GIC investment options to the public through a trusted national network of deposit dealers regulated by the Canadian Investment Regulatory Organization (CIRO).
RFA Bank of Canada is a member of the Canada Deposit Insurance Corporation (CDIC). Our GICs are eligible for deposit insurance protection from the CDIC. Maximum insurance protection for CDIC eligible GICs is to applicable limits.
MORTGAGE LENDING.
RFA’s residential mortgage lending business is operated by RFA Mortgage Corporation and RFA Bank of Canada, a federally regulated Schedule I Bank. RFA Mortgage Corporation specializes in Prime lending (Insured, Insurable, Uninsurable), while RFA Bank of Canada specializes in Alternative lending (Alt-A). Combined, RFA offers mortgage brokers a one-stop shop with our full suite of competitive Prime and Alternative mortgages.
RFA’s strategic vision is to be a long-term leader in the residential lending segment by offering a value proposition beyond just rate and compensation. Through building a competitive broker experience and solutions-oriented product suite, RFA’s goal is to be recognized and recommended by our mortgage broker partners, mortgagors, and other strategic partners, for our financing solutions and broker/client experience.
Click to discover our mortgage offerings.
CDIC INSURED DEPOSITS.
RFA Bank of Canada is a member of the Canada Deposit Insurance Corporation. It offers Guaranteed Investment Certificates through a contracted national network of Canadian Investment Regulatory Organization (CIRO) regulated deposit dealers.
RFA Bank GICs are eligible for deposit insurance protection from the Canadian Deposit Insurance Corporation (CDIC). Maximum insurance protection for CDIC eligible GICs is to applicable limits.
Please Note: RFA Financial, RFA Mortgage Corporation are NOT members of the CDIC.
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