Self-Employed Mortgage Document List
Stop getting asked for 'just one more document.' This is the complete list — A-lender, B-lender, and stated-income — so you can prep once and underwrite without back-and-forth.
- T1 Generals, NOAs, T2125s — which years lenders actually want
- Incorporated borrowers: T2 returns, financials, GST/HST, draw history
- Commission income: how to prove a 2-year average that holds up
- Stated-income / bank-statement program documents
- Business-for-self deposit requirements (90-day source of funds)
What's inside
Sole proprietors
2 years T1 Generals, 2 years NOAs, current-year T2125 if available, business licence, and a CRA proof-of-no-debt statement.
Incorporated owners
2 years T2 corporate returns, 2 years corporate financial statements, articles of incorporation, GST/HST registration, T4 or T5 history showing personal draw.
Commission-based income
T4As or T1s showing 2-year commission average, employment letter, paystubs, and clawback/chargeback policy if applicable.
Stated-income / B-lender programs
Business licence, 6–12 months business bank statements, contracts or invoices, and personal credit report — used when add-backs justify a higher qualifying income.
Down payment + closing
90-day history of every account holding down payment, gift letter template if applicable, and source-of-funds for any large deposits.
Who this is for
- Sole proprietors and freelancers in Toronto
- Incorporated business owners who pay themselves a mix of salary + dividend
- Commission-based realtors, mortgage agents, sales reps
- Anyone declined at a big bank for self-employed income
Related resources
Self-Employed Mortgages →
How A-lenders, B-lenders, and stated programs differ for BFS borrowers.
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Submit your full file once and find out where you actually qualify.
Affordability Calculator →
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Mortgage brokerage services, where applicable, are provided by [Licensed Brokerage Name], FSRA Licence #[Licence #]. TorontoMortgageBroker.ca is a marketing and educational website. Information is for general purposes only and is not mortgage, legal, financial, or tax advice. Rates, approvals, and products are subject to borrower qualification, lender criteria, property review, and market conditions.