Self-employed
Business-for-self mortgage solutions that recognize how entrepreneurs really earn.
If you're self-employed, your tax-optimized income doesn't always reflect what you truly earn — and that can make a standard mortgage harder to qualify for. Finevo works with lenders who offer business-for-self (BFS) programs, including options that look beyond your line 150 income. We help you present your finances in the strongest, most accurate light.
What to know
Traditional documentation
With two years of Notices of Assessment, T1 Generals, or business financial statements, you may qualify at the same rates as salaried borrowers.
Stated and alternative income
Business-for-self programs can use bank statements and reasonable income estimates when your declared income understates your true earnings.
Income add-backs
Certain business write-offs can be added back to your income to improve your qualifying ratios.
Alternative lenders
When a bank won't fit, we access B-lenders and credit unions that specialize in entrepreneurs, contractors, and commission earners.
Good to know
- A larger down payment can expand your options and improve your pricing.
- Keeping personal and business finances organized makes approval faster and smoother.
- Alternative-lender solutions are often a short-term bridge before transitioning to a traditional lender.
This information is a general overview of Canadian mortgage options and is not financial advice. Programs, rates, and eligibility are subject to change and to lender and insurer qualification. Speak with a licensed Finevo advisor for guidance specific to your situation.
Let's find the right fit
Connect with a licensed Finevo advisor for a personalized look at your self-employed options across 40+ Canadian lenders.