The Gateway Self-Declared Income Mortgage

This Self-Declared Income solution is for business-for-self customers who prefer less paperwork:

  • Up to 65%
  • Min. 550+ beacon
  • Will pay derogs from re-fi proceeds
  • Discharged bankruptcy
  • 680+ beacon for stated income on rentals (see The¬†Gateway Rental Property)
  • BC, AB, SK, MB and ON
  • Major urban centres and surrounding area
  • Small centres with 50K population and surrounding area
  • 50% rent on legal second suite of primary can be used
  • Must prove business exists with appropriate documentation, that may include:
    • articles of incorporation
    • corp. search, including all directors
    • business license/registration
    • trade license, GST returns
  • Most recent NOA proving no outstanding tax
  • Self-declared attestation form signed at solicitor
  • Salary must be reasonable for geographical location and industry
  • Title insurance mandatory for all applications

More information: