How to Get a Mortgage When You're Self‑Employed in Ontario, No Tax Returns Needed
Adrian Biccum
August 7, 2025
Struggling to qualify because your reported income doesn’t match your reality? Learn how stated-income mortgages can unlock your approval without messing with your taxes.
You might be a freelancer, contractor, or small business owner, and you know how valuable your work is. But when you hit “apply” for a home loan, the numbers on paper don’t reflect your true earnings. It’s frustrating, confusing, and honestly, a little demoralizing.
You don’t have to “fudge” your taxes or wait for a better year to get approved. There’s a legitimate alternative: stated-income mortgages. These allow lenders to evaluate your application based on your actual income, without a labyrinth of paperwork, tax amendments, or unnecessary delays.
What is a Stated-Income Mortgage?
A type of mortgage where your income declaration, backed by documentation like bank statements, contracts, or invoices, that replaces conventional tax returns.
Why It Works for You:
Fast and Efficient: Get approved without waiting for next year’s tax filings.
Ethical & Transparent: No creative accounting, just real figures with real documentation.
Optimized for Your Scenario: Especially helpful if your official tax return shows suppressed or erratic income.
As an Ontario-based mortgage expert, I specialize in helping self-employed professionals access home financing solutions that actually match their lives, not just what their tax filings say.
Feeling stuck? A quick, obligation-free phone call with me can shine a light on your options. I’ll guide you through what lenders genuinely look for and how we get you one step closer to approval, tax-return drama not required.
