Waterloo Region is home to one of Canada's strongest tech corridors. But income from startups, options, contracts, and self-employment often doesn't fit the bank's checklist — even when the numbers are solid.
Matthew will review your information and reach out within 2 business hours to walk you through your options.
Waterloo Region generates some of the strongest incomes in Ontario — but banks aren't built for startup equity, variable tech comp, or self-employment. That's exactly the income profile we work with every day.
Self-employed and tech sector mortgages require a different approach than a standard application. Here's what I walk you through.
Banks often use your net income after deductions. Many lenders qualify on gross revenue or add back legitimate business expenses. I know which lenders work for your income structure — and how to present your file so it gets approved.
Salary plus annual bonus is straightforward. RSUs, options, and variable comp require a lender who understands tech compensation. I've navigated this income type and know who prices it fairly.
The right documents, presented the right way, to the right lender is what makes a self-employed mortgage work. I guide you on exactly what to gather before you apply — so there are no surprises mid-application.
Yes. Banks use net income after deductions, which often understates what self-employed buyers actually earn. Alternative lenders qualify on gross revenue or stated income. With the right lender and documentation, most self-employed buyers qualify for significantly more than the bank offers.
Salary plus annual bonus averages over two years and is generally accepted. RSUs and options are more nuanced — some lenders include vested amounts with a documented history; others exclude them entirely. I work with lenders who understand tech compensation and present your full income picture correctly.
Most lenders want two years of T1 Generals, two years of Notice of Assessment, and business financials or articles of incorporation. Alternative lenders may work with bank statements or stated income. I can tell you exactly what to gather before you apply.
A bank decline is one data point, not a final answer. Banks are one of 70+ lenders I work with, and typically the most conservative for non-standard income. Alternative lenders and credit unions frequently approve files that major banks decline — often at competitive rates.
Start with a free review — no credit check, no obligation, and a response within 2 business hours.
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