09/30/2026
Self-employed and looking for a mortgage?
This is a question I hear quite often:
“Wilson, I make good money. Why is getting a mortgage sometimes so difficult?”
Being self-employed can be great, but when it comes to getting a mortgage, lenders may look at your income differently.
Your tax returns, business structure, how long you've been self-employed, corporate income and the documentation you provide can all make a difference.
And sometimes, the income you actually earn from your business doesn't look the same on paper as the income a lender uses for qualification.
That doesn't mean you can't get a mortgage.
It means you need to understand how your income will be assessed before you start the application.
If you're self-employed and thinking about buying a home, refinancing, renewing or purchasing an investment property, it is worth having that conversation early.
I've put together a guide that explains some of the things self-employed borrowers should know.
You can read it here: https://sonwilfinance.com/self-employed-mortgages-in-ontario/
If you're self-employed and have questions, feel free to reach out. I'm always happy to have a conversation.
Wilson D'Souza Mortgage Agent Level 2 with Mortgage Architects
Trust. Commitment. Solutions.
