Self-Employed Mortgage across Ontario
Self-employed borrowers often look weaker on paper than they are in real life. We package income, deposits, write-offs, and business context so the right lender sees the file clearly.
Your business earns enough, but tax returns do not tell the whole story.
Licensed broker review with no hard credit check at the first-pass stage.
Built for self-employed files across Ontario
This page is focused on Toronto, Mississauga, Brampton, Vaughan, Kitchener-Waterloo, Durham. The first review is designed to separate lower-cost institutional options from files that need alternative or private packaging.
Sole proprietor, incorporated professional, contractor, or small business owner
Strong deposits but lower taxable income after deductions
Recent growth, new contracts, or mixed personal and business income
How we route the file
A good mortgage file can still land with the wrong lender if the story is unclear. We organize the important facts before shopping it around.
Local context
Ontario files vary widely by property type, borrower profile, and lender appetite. The goal is to identify the lender lane before the application becomes noisy.
Compare stated-income, bank-statement, NOA, and full-doc lender paths
Identify whether the file belongs with a bank, B lender, or private bridge
Frame income stability without overpromising lender approval
Suitability and exit plan
Mortgage strategy should match the borrower, property, timeline, and cost. The first pass is about finding the right lane before a lender application is pushed too far.
Alternative income verification still requires a reasonable income story and lender documentation.
The review should avoid treating low taxable income as a promise of approval.
If a short-term lender is needed, the exit path should show how the file can return to a lower-cost option.
What matters for Ontario
The pilot covers the first Ontario markets we want to prove before expanding to every municipality above the population threshold.
Documents
- T1 generals, NOAs, or accountant-prepared financials
- Business bank statements
- Articles, business license, contracts, or invoices where useful
Self-Employed questions
These are first-pass answers. Final lender fit depends on the property, borrower profile, documents, and timing.
Do I need two years of tax returns?
Will write-offs hurt my approval?
Can incorporated income be used?
Start with a focused self-employed review for Ontario.
The intake takes a few minutes and keeps the mortgage type and location clear for the broker review.
Garrison Capital Corp., operating as Open Financial
Open Financial Lic. 13362.
Principal Broker: Marcel Greaux, Lic. M10002478.
Prefer phone? 647-558-2300. Email mortgages@openfinancial.ca.