How Entrepreneurs Can Qualify as Easily as T4 Employees

Описание: The self-employed mortgage conversation isn’t always fair. A business owner making $200,000 in profit can qualify for HALF the mortgage of an employee making $100,000, simply because of what’s reported personally

Most prime lenders look at your net income on your T1 and multiply it by roughly five. So if you only claim $50,000 to save on taxes, you may only qualify for about $250,000, even if your corporation earned much more

We break down:
• How lenders assess self-employed income
• Why tax efficiency can reduce mortgage power
• When retained earnings may help
• How to plan 12–24 months before buying

TIMESTAMPS:
0:00 – Why Business Owners Get Less Mortgage Power
0:35 – $200K Owner vs $100K Employee: The Breakdown
1:26 – How Lenders Calculate Self-Employed Income
2:12 – The Tax Savings vs Mortgage Power Dilemma
2:26 – Option 1: Claim More Income
2:41 – Option 2: Use Retained Earnings Strategically
3:33 – Key Takeaway: Plan with Your Accountant & Broker

If you’re incorporated and thinking of buying soon, your tax strategy and mortgage strategy need to align early.

Paul Davidescu (www.levelupmortgages.com)
Level Up Mortgages
📞 604-809-3188
📧 [email protected]


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