3 Simple Steps To Getting A Self-Employed Mortgage in Canada

Traditional mortgage approvals don’t always fit self-employed individuals’ unique income and circumstances. Our mortgage lenders understand your business has expenses, and you write off expenses to reduce your taxable income. While you may show a much lower income on your taxes, you can qualify for a self-employed mortgage in Canada based on your gross business revenue.

SUBMIT YOUR DETAILS

Complete the form to get your free, no obligation, self-employed mortgage quote to see how much you qualify for.

CONFIRM YOUR REVENUE

We only need the last 12 months of your business bank statements to assess your business revenue.

GET APPROVED FAST

Receive your mortgage approval without the hassle of providing tax returns or notice of assessments.

Mortgage Options For Self-Employed Individuals Using Bank Statements

Self-employed individuals have unique financial situations, but qualifying for a mortgage doesn’t have to be complicated. With just 12 months of bank statements, you can access a variety of mortgage options designed for business owners, freelancers, contractors, and entrepreneurs like you.

Home Purchase or Investment Property

Your bank statements can qualify you for a mortgage to purchase your dream home or even invest in real estate. No tax returns or notice of assessments required!

Refinance Your Mortgage

Looking to lower your interest rate or tap into your home equity? Self-employed professionals can refinance their mortgage based on their business’s cash flow, without traditional income documentation.

Home Equity Line of Credit (HELOC)

Access your home’s equity through a flexible line of credit. Only pay interest on the amount you use—ideal for funding business growth or personal projects.

Switch or Transfer Your Mortgage

Is your mortgage coming up for renewal? We make it easy for self-employed professionals to renew their mortgage using bank statements—no need for traditional income documents or tax returns.

Frequently Asked Questions (FAQ)

Answers to common questions about self-employed mortgages in Canada

How can I qualify for a mortgage if I’m self-employed?

If you’re self-employed, you can qualify for a mortgage by providing 12 months of your bank statements to demonstrate your business revenue. Unlike traditional mortgages, you won’t need to submit tax returns or notice of assessments to prove your income.

Do I need a minimum credit score to qualify?

No, we offer flexible mortgage solutions for self-employed individuals, so even if you have a low credit score or no credit history, you can still qualify based on your bank statements and business cash flow.

Can I use my business income to qualify for a mortgage?

Yes! We look at your overall business revenue from your bank statements, so you don’t need to provide traditional income documents like tax returns (T1’s) or notice of assessments

What are the interest rates for self-employed mortgages?

Interest rates for self-employed mortgages can be very competitive, depending on your financial situation and the type of mortgage you’re applying for.

How quickly can I get approved?

Our streamlined approval process is designed to be fast and efficient. Once you provide your bank statements, we can often approve your mortgage within a few days.

Can I refinance my mortgage if I’m self-employed?

Yes! If you’re self-employed, you can refinance your mortgage using bank statements to lower your interest rate or access equity in your home.

Have more questions?

Call Live Support 1(877)210-2121

How To Qualify For A Self-Employed Mortgage In Canada

Step 1: Get Your Free Self-Employed Mortgage Quote
Step 2: Speak with a mortgage expert to explore your mortgage options
Step 3: Verify your business revenue with your last 12 months bank statements
Step 4: Get approved for a sef-employment mortgage or home equity line of credit
Step 5: Close with your lawyer

Self-Employed Mortgage Canada

Approved With Business Revenue

Showing low income on taxes, but have good business revenue?

Step 1 of 10