No Income Mortgage

HomeNo Income Mortgage

No Income Mortgage

While it can be challenging to secure a mortgage in Ontario without any income, we’re here to help you explore your options and find a solution that works for you. Whether it’s through joint applications, co-signers, or alternative income sources, we’ll work with you to find the best path forward.

Joint Mortgage

If you have a spouse or partner with a stable income, you may consider applying for a joint mortgage.  Lenders will consider the combined income of both applicants when assessing eligibility.


Another option is to have a co-signer with a steady income co-sign the mortgage application with you. The co-signer’s income and credit history can help strengthen the application and increase the likelihood of approval.

Alternative Sources of Income

While traditional employment income is preferred by lenders, they may consider other sources of income, such as investment income, rental income, or government benefits. Providing documentation to support these sources of income can help bolster your mortgage application.


If you have significant assets, such as savings, investments, or real estate, you may be able to use them as collateral to demonstrate your ability to repay the mortgage. Lenders may consider assets when assessing your financial stability and ability to make mortgage payments.

Private Lenders

Private lenders may have more flexible lending criteria compared to traditional banks and credit unions. While interest rates may be higher, private lenders may be willing to provide financing to individuals with no income or unconventional income sources.

Our goal is to make the process as smooth and stress-free as possible, providing you with the guidance and support you need every step of the way. Don’t hesitate to reach out to us – we’re here to help you achieve your homeownership dreams!

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