Mortgage deferral
Please complete and submit this form to request 3 months of B2B Bank mortgage payment deferrals. Some terms and conditions apply. Additional details available within the COVID-19 Mortgage FAQ section of our website.

This form can only be submitted once and can include up to five mortgages in a single submission. Additional requests through this form will not be processed. If you would like to defer additional mortgages, please contact 1-800-263-8349.
Important information
  • Mortgage deferral requests will be processed within one business day of your submission. If you are within one day of your regular mortgage payment date, the current payment will be processed, and the payment deferral will take effect on your next scheduled payment date.

  • Please note you will receive an automated message confirming we have received your payment deferral request. We will only contact you should your request be ineligible for payment deferral.

  • All payment deferral requests will need to be submitted by September 30, 2020.

Program details:
  • Mortgage deferral means that principal payments and interest are skipped for 3 months (the deferral period).

  • Mortgage principal and interest payments will be deferred but are not forgiven.

  • The interest during the deferral period will be added to the outstanding balance of your mortgage and your total mortgage cost will increase as a result.

  • The interest on your deferred payments is incorporated into your monthly/weekly/bi-weekly/semi-monthly mortgage payment, either when payments resume at the end of the deferral period or upon renewal at the end of the mortgage’s term. Your mortgage payments will effectively become higher after the deferral period or at renewal of the mortgage.

  • If we currently pay property taxes on your behalf, we will continue to pay your property taxes as required by your municipality during the deferral period.

  • Deferring your mortgage payments may significantly increase your interest costs over the life of your mortgage, so it's important to carefully evaluate your financial situation and priorities before exercising this option.
Contact & Legal
199 Bay Street, Suite 600
PO Box 279 STN Commerce Court
Toronto ON M5L 0A2

B2B Bank is a wholly-owned subsidiary of Laurentian Bank of Canada. B2B Bank does not provide or promote investment advice to individuals or advisors. ®B2B BANK is a registered trademark of B2B Bank.