Ontario Mortgage Decision Centre
Choose the concern closest to yours. The useful answer may depend on the documents, property, timing and lender policy—not simply whether one lender said yes or no.
Find the answer from your problem
Separate the real lender concern from assumptions.
Income · credit · debt ratios · property · down paymentShow me where to start →02Show how the business earns before choosing a lender route.
A lending · bank statements · financials · T1 approachShow me where to start →03Understand the bureau, timing and cause—not only the score.
Equifax · TransUnion · utilization · collections · recoveryShow me where to start →04Compare the complete decision before signing early.
Rate · payment · penalty · switching cost · flexibilityShow me where to start →05Match the purpose, cost and exit plan to the right structure.
Debt consolidation · renovations · investment · CRA debtShow me where to start →06Test the rental calculation and portfolio effect by lender route.
Subject rent · existing rentals · cash flow · reservesShow me where to start →07Work backward from the deadline and available equity.
Appraisal · funds to close · job change · urgent alternativesShow me where to start →How the answer is built
Buying, selling or investing?
Property type, legal use, insurance, appraisal, taxes, condo information and closing dates can change the mortgage answer. Connect both sides before the transaction becomes difficult to reverse.
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Tell Rajiv what you are trying to accomplish and what the lender has already said. He can help identify the questions and responsible options worth exploring next.
Published mortgage guidance
Use the guided situations above or search every published answer, concept and strategy.
Rule
Possibly, but moving corporate money into a personal home purchase can create tax, shareholder-loan, documentation and lender-source-of-funds issues. The withdrawal should be planned with an accountant before the offer becomes firm.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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A difference is not automatically a decline, but it must make sense. The Notice of Assessment summarizes CRA’s assessment, while bank deposits show cash movement; neither explains the complete business without reconciliation.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Sometimes, but company revenue and retained earnings are not automatically the shareholder’s personal income. Certain lenders may analyze salary, dividends, ownership, corporate cash flow and eligible add-backs to determine what income is sustainable and available.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Some alternative/B lenders review roughly six to twelve months of business bank statements, identify recurring gross business deposits and subtract reasonable operating expenses to estimate supportable income. This is a lender method—not an OSFI or FCAC formula.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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No. Some programs may add back eligible non-cash, one-time or policy-approved expenses, but ordinary costs required to keep the business operating normally cannot simply be ignored.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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No. CMHC says income for a sole proprietorship or partnership may be grossed up by 15% or assessed through eligible add-backs. “May” is not an automatic increase, and it is not a rule for incorporated business revenue.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Potentially. CMHC has a self-employed mortgage-insurance program with several documentation options, but the insurer and lender must still be satisfied that the income, business and overall application are credible.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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No. There is no universal law saying every self-employed borrower must operate for exactly two years. Two years is a common lender or insurer evidence standard, but exceptions and different programs can exist.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Not necessarily. Your tax return reports income under tax rules; a mortgage lender separately decides what stable, supportable income it will use to assess repayment. The two numbers may be related without being identical.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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The federal Underused Housing Tax no longer requires returns or tax for the 2025 calendar year and later, following legislation that received royal assent on March 26, 2026. Earlier 2022–2024 obligations may still remain.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 6, 2026
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