Mortgages Custom Built for
Ontario Business Owners
As a self-employed business owner, your tax strategy is designed to minimize your net taxable income. Unfortunately, traditional commercial retail banks evaluate your eligibility solely based on line 15000 of your Notice of Assessment (NOA), rejecting business owners with robust businesses because their personal taxable income appears artificially low.
Business for Self (BFS) Programs
We gain access to specialized stated-income programs that verify your borrowing capacity based on real corporate bank statements and overall cash flow, rather than net tax returns.
Flexible Verification
Prove income using 6-12 months of active business statements, corporate contracts, and industry benchmarks, bypassing strict traditional NOA requirements.
Qualified Mortgage Pre-Approval
What is your primary financing goal?
Select one option to customize your rate matrix.
6-Month Bank Statement Income & Cashflow Qualifier
Did your tax accountant write off business expenses on your T1 General? Alternative B-Lenders evaluate your true borrowing power by auditing 6 months of gross business bank statement deposits.
How to Qualify Under Self-Employed BFS Programs
1. Verify Business Standing
Typically, you need to show that your business has been actively registered or incorporated in Ontario for at least two years (articles of incorporation or master business license).
2. Prove Clean Credit History
Credit score flexibility is available down to 500-550+ with alternative B-Lenders, though higher scores unlock lower pricing and higher LTV limits.
3. Leverage Cash Reserves
A minimum down payment of 20% (maximum LTV of 80%) is required for stated income and bank statement verification programs to assure structural equity requirements.
Self-Employed Mortgage FAQs
Clear answers on 6-month bank statements, 20% down payment rules, and stated income qualification.
Yes! Alternative B-Lenders offer 6-month corporate bank statement programs for rapidly growing business owners and contractors. Underwriters analyze gross revenue deposits over 6 months to establish qualifying income.