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Mortgage for the self‑employed

Become a homeowner
 

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At a glance

Are you a self-employed worker or business owner who is unable to provide standard proof of income?

Our mortgage for self-employed workers is designed with you in mind, so you can finance or refinance your dream home.

Perfect if you are looking to:

  • Put as little as 10% down1
  • Refinance your mortgage for up to 80%1 of the value of your property
  • Take out a mortgage loan with a fixed or variable rate
  • Withdraw up to $25,000 from an RRSP to make a downpayment under the Home Buyers' Plan (HBP)
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Quick tip

Our handy calculators lets you try out different scenarios so you can estimate your borrowing capacity and monthly payment amounts.

2 key eligibility criteria

What type of property can you buy?

Properties are eligible if they have no more than two dwellings, one of which must be owner-occupied. The property value can be no more than $1,000,000. Keep in mind that the maximum loan amount under this program is $600,000.

Are you eligible?

You must have been a self-employed worker or small business owner for at least two years, and show two years' worth of sound financial and credit management.

Contact an advisor for details and conditions.

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Quick tip

Are you interested in starting your own business? Read our useful tips so you can hit the ground running.

Little details that matter

Legal disclaimers

1. Certain conditions apply.

2. Subject to credit approval by National Bank of Canada. Certain conditions apply.

Learn about our mortgage solutions

Mortgage loan

Whether you want to enjoy peace of mind with a fixed rate, save on interest with a variable rate, or opt for a combination of the two,2 we've got the mortgage solution for you.

See our mortgage loans

Insuring your home equity line of credit

Make sure your monthly payments are made in case of disability, critical illness or death, and protect the financial future of your loved ones.1

See loan insurance

Ready to become a homeowner?

Meet with a mortgage advisor to find the best solution for your situation as a self-employed worker or small business owner.

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