RBC Self Employed Mortgage^™

Mortgage Solutions Designed Just for You

Are you self-employed and finding it difficult to arrange competitively-priced mortgage financing for your home?

The RBC Self-Employed Mortgage could be ideal whether you are a business owner or self-employed. We can help you finance your new home or leverage the equity in your existing home.

Features and Benefits

If your most-recent Notice of Assessment shows sufficient income to qualify, you can borrow up to 80% of the purchase price or value of the property with no default insurance, or up to 95% with default insurance, under a standard mortgage.

If you have chosen to minimize personal income tax in order to grow your business or for tax optimization purposes, and you have a strong credit history, you may be able to refinance your mortgage up to 65%¹ of the value or purchase a home up to 90% of the value, using our Self-Employed Mortgage Program.

• For financing up to 65% of the value of your home, there are no additional fees or insurance premiums.
• For financing between 65% and 90%, default insurance is required.

Required Documentation

Your most recent Notice of Assessment and documentation to confirm of your self-employed status may be sufficient to support your application; however, additional documentation may be required, based on the structure of the application. Contact us for a complete list of other documents that can be used.