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.
Need a focused review?
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
Act immediately. Contact the financial institution that sent or received the money, your lawyer, relevant lender and local police. Report the incident to the Canadian Anti-Fraud Centre, preserve evidence and secure affected email, banking and identity accounts.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
Read the practical answer →Rule
Be cautious when someone guarantees they can stop enforcement, asks you to transfer title, demands large upfront fees, discourages your own lawyer or rushes you into a sale-and-leaseback you do not understand. Get an independent mortgage and legal review before signing.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
Read the practical answer →Rule
Because they change the borrower’s real down payment, debt load and ability to repay. A seller credit, private loan, family repayment agreement or borrowed closing cost must be disclosed and approved rather than kept outside the application.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
Read the practical answer →Rule
The lender must understand whether the money is yours, borrowed, gifted or connected to a third party. Repeated transfers do not make funds stronger; they make the trail harder to verify and can delay or stop closing.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
Read the practical answer →Rule
Verify payment instructions through a trusted phone number before sending money, especially when an email changes the account or creates urgency. Do not rely on replying to the same email because a criminal may control the conversation.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
Read the practical answer →Rule
Title fraud occurs when stolen identity or forged documents are used to transfer or mortgage property without the true owner’s authority. Unexpected lender mail, land-registry notices, redirected mail, unfamiliar credit inquiries or someone asking for identity documents urgently deserve immediate investigation.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
Read the practical answer →Rule
No. If repayment is expected, the funds are not a genuine non-repayable gift. Disclose the loan or shared-equity arrangement so the lender can include the obligation and decide whether it is acceptable.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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No. Occupancy affects mortgage insurance, down payment, pricing, rental-income treatment and risk. State the intended use accurately. Plans can change later, but the representation made when applying must be honest and updated if circumstances change before closing.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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A straw buyer allows their identity, credit or title to be used for a purchase that is controlled or funded by someone else whose role is hidden. The person signing can become legally responsible for the mortgage, taxes and losses even if they were promised they would never make a payment.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
Read the practical answer →Rule
Do not proceed. Altered pay stubs, T4s, bank statements or tax records can lead to decline, cancellation before funding, lender enforcement after closing and possible criminal or regulatory consequences. A difficult income file needs a legitimate lender strategy, not invented evidence.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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