Taxes & Your Mortgage: The Questions Everyone Gets Wrong

Описание: How do taxes affect your mortgage approval in Canada in 2026?

In this episode of Mortgage Talk with M.E., we break down how tax returns, income changes, property taxes, and owing CRA can impact your mortgage pre-approval in Ontario.

If you're buying a home in 2026, refinancing, self-employed, recently retired, or experienced income changes last year — this is information you need before applying.

In this video, we cover:

• Do lenders require tax returns in Canada?
• Can you get approved if you owe CRA?
• How self-employed income affects mortgage qualification
• What happens if last year’s income was lower
• Can you redo a mortgage pre-approval?
• Property taxes — lender paid vs municipality
• What lenders actually look at during approval

Unfiled returns, CRA balances, or major income shifts can delay or derail mortgage approval in Canada.

Understanding how lenders assess tax documents in Ontario can help you avoid surprises and strengthen your approval before you apply.

Have questions about your specific situation? Comment below and we’ll get your questions answered.

🏡 Welcome! I'm Michelle Ellis—your trusted Realtor serving Hastings & Northumberland Counties. Whether you're buying, selling, or investing, I'm here to help you make smart, confident decisions.

📅 Book your Free Real Estate Strategy Call → https://timewithme.ca

---

📞 Call/Text: 613-743-5313
📧 [email protected]

---

🔥 FREE RESOURCES & TOOLS

🏠 Browse Homes for Sale → https://forsalewithme.ca
📈 What's Your Home Worth? → https://todaysvalue.ca
📲 Get Pre-Approved (Mortgage App) → https://memortgage.ca
📍 Find Your Perfect Neighbourhood → https://thebuyerhub.ca

🚀 REALTOR SKOOL (For Real Estate Professionals)
→ https://realtorskool.ca

Actionable training, modern marketing strategies, and done-for-you systems to help Realtors grow their business.

---

CONNECT WITH MICHELLE ELLIS
🌐 Website → http://www.liveyourdreams.ca
📘 Facebook → https://www.fbme.ca
📸 Instagram → https://www.instame.ca