For many self-employed Canadians, getting approved for a mortgage through traditional lenders can feel like an uphill battle. Income that fluctuates month-to-month, strategic tax deductions, and non-salaried earnings often lead to rejection—even for financially stable business owners and professionals.
At Lendworth, we take a different approach. We specialize in equity-based lending, designed to help self-employed individuals access financing without the rigid rules of the big banks.
What Is Equity-Based Lending?
Equity-based lending focuses on the value of your property—not just your income or tax returns. This approach is especially helpful for:
- Entrepreneurs with low reported income due to tax strategies
- Freelancers and consultants without traditional pay stubs
- Real estate investors with strong assets but inconsistent revenue
- Professionals earning through corporations or dividends
If you own real estate and have equity, you may qualify—even if your income doesn’t meet conventional requirements.
Why Equity-Based Lending Works for the Self-Employed
Unlike traditional mortgage lenders, equity-based lenders:
- Evaluate the loan based on property value and loan-to-value (LTV) ratio
- Consider your credit profile, asset position, and business potential
- Offer faster approvals without extensive paperwork
This flexibility empowers self-employed borrowers to access funds for home purchases, business expansion, debt consolidation, or investment opportunities.
Common Uses for Equity-Based Financing
Self-employed clients often use equity-based loans to:
- Refinance and access capital for business growth
- Consolidate high-interest debt or tax obligations
- Fund renovations, down payments, or new purchases
- Invest in real estate for long-term wealth building
Because approval is based on equity, not employment type, these solutions provide real financial freedom.
The Lendworth Difference
We understand entrepreneurship—and we respect it. Our team works closely with self-employed clients to build tailored solutions that work in today’s economy.
- No need for years of tax returns or T4s
- Quick decisions and streamlined funding
- Personalized guidance from real people who understand your goals
Take the Next Step
If you’ve been told “no” by the bank—even when you know you can afford it—it’s time to explore equity-based lending. Lendworth is here to help self-employed Canadians turn real estate equity into real opportunities.
Let’s talk about how we can help you get approved—your way.