Business revenue
Money earned by the business before its expenses.
Self-employed mortgages · Ontario
Mortgage advice that starts with how your business earns income.
Your business may earn and pay you in ways that a standard paycheque does not capture. We take time to understand the business and the income behind your home or rental-property financing request.
Discuss your mortgage plans ↗Three different views of income
Business revenue is not the same as personal income.
We review how the business earns money, its expenses and how you are paid. These amounts describe different things; none on its own automatically determines the income a lender will accept.
Business profit
What remains after the business’s expenses.
Income paid to you
How money reaches you personally, such as salary or dividends.
A documented income assessmentWe identify the records needed to explain your income alongside the property, debts and available funds.
The financing review
Start with how your business works.
Tell us what you do, how long you have been doing it and how you receive income. We use that context to identify the information needed for the mortgage assessment.
Understand the business
Discuss the business structure, how you are paid and any recent changes in activity or ownership.
Review the records
Tax returns, notices of assessment, financial statements or banking records may be relevant. We identify the specific documents needed for your circumstances.
Connect income to the property plans
We assess income information alongside existing borrowing, purchase funds and the mortgage you are seeking.
Raise these questions early
Changes in your business belong in the conversation.
A change in business structure, a different way of paying yourself or questions from a previous mortgage assessment can affect the information we need. Tell us early so we can plan the review.
Your accountant advises on tax and accounting decisions. Streetwise explains the financing information needed and reviews the mortgage options with you.
Talk about your income and property plans ↗Prepare for your mortgage discussion
Choose the guidance that fits your plans.
Financing guide
Tax records and a home purchase
Read why your tax-record situation belongs in an early financing discussion.
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Related service
Home mortgage advice
Compare the considerations for a purchase, renewal or refinance.
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Rental-property mortgage advice
Review an investment purchase alongside existing mortgages and income.
Read more →Talk to Streetwise
Tell us what you are planning.
Tell us about the property plans, your business activity and the timing. We will identify the information needed; please do not send financial documents through the public form.