FSRA #M21003771 📞 416-837-2679
Refinance Review · Ontario

You may not be unbankable.
Your file may just need to be structured properly.

A refinance review for self-employed homeowners and incorporated business owners across Ontario who are stuck in private mortgages, B-lender terms, or carrying heavy unsecured debt. See what options may actually be available to you.

Request My Free Refinance Review Or call/text Jeff: 416-837-2679 →
No obligation No credit pull until you say so Reviewed by a licensed Ontario mortgage agent
If this sounds familiar

You've built a real business. Your bank still acts like you don't have income.

You pay yourself the way your accountant told you to. Your home has equity. And yet, every time you talk to a bank, the answer is the same: "Your income doesn't show on paper."

So you ended up in a private mortgage. Or a B-lender at a rate you never thought you'd accept. Or you piled debt onto credit cards and lines of credit just to keep moving forward.

The frustrating part? In many cases, the file simply wasn't presented the right way. Self-employed borrowers get declined every day for reasons that have nothing to do with whether they can actually afford the mortgage.

The Mortgage Reset Program exists to take a proper second look.

Who this is for

This review is built for Ontario homeowners who run their own business — and feel boxed out by the banks.

If you've been declined recently, that doesn't automatically mean the next answer is no. It often means the file needs a different lender, a different structure, or a different presentation.

Common situations

Real situations we see every week.

Private mortgage maturing soon

You need an exit plan before renewal — and the earlier we look, the more runway there is.

B-lender at a rate you'd like to improve

There may be options to move toward credit unions, alternative lenders, or A-like products.

$40K, $80K, $150K+ in unsecured debt

High-interest credit cards, LOCs, vehicle loans — potentially consolidatable into a single mortgage payment.

Recently declined by your bank

Often about how income is reported, not whether you can afford it.

Self-employed under 2 years

Some lenders consider shorter business histories. The review identifies which.

Bruised credit from a stressful 12–24 months

Tax arrears, missed payments, collections — different lenders treat these differently.

How the review works

A straightforward 3-step process. No pressure.

01

Submit your information

Fill out the short form on this page. About 90 seconds. No credit pull at this stage.

02

A licensed agent reviews your file

Jeffrey Ike, Licensed Mortgage Agent Level 2 (FSRA #M21003771) with Canada Lend Inc., personally reviews and calls you to discuss what may be possible.

03

We map out the options

If your file is viable, we walk through which lender categories may fit — credit unions, banks, alternative lenders, or A-like options. You decide whether to move forward.

Why self-employed get declined

The real reasons banks say no — and why most are structural, not affordability.

  1. Income on tax returns is optimized for tax savings Not optimized for mortgage qualification — these are two different goals.
  2. Add-backs and retained earnings aren't being properly used The qualification math often misses real income that lenders are willing to consider.
  3. The wrong lender was approached for the file type Not every lender treats self-employed income the same way. Routing matters.
  4. The application missed the right supporting documents Underwriters need specific things to say yes. Missing them often means decline.
  5. Credit was pulled too many times in a short window Multiple recent inquiries can create a soft decline that has nothing to do with the file's strength.
These are structural problems, not affordability problems. They are often fixable when the file is properly prepared and matched to the right lender category.
What actually drives a decision

What lenders typically look at

While every lender has its own guidelines, most self-employed refinance approvals come down to a combination of these six factors.

Income

Declared income, NOAs, T1 Generals, corporate financials, and year-over-year stability.

Credit

Score, recent activity, and how debts have been managed.

Equity

How much room exists between your home's value and what you owe.

Property

Location, type, and marketability — all factor into lender appetite.

Debt servicing ratios

How the new mortgage and consolidated debt fit your overall income picture.

Exit strategy

Especially for borrowers coming out of private or B-lender mortgages.

Approval is always subject to the specific lender's guidelines and underwriting decision. No agent can guarantee an outcome before reviewing the file.

Two of the most common reasons clients reach out

Debt consolidation. Private mortgage exit.

Reason 01

Debt consolidation refinance

Carrying $50K, $100K, or more in credit cards, lines of credit, and other unsecured debt at high interest rates can quietly drain thousands per month from your cash flow. If you have equity in your home, a refinance may allow you to roll some or all of that debt into a single, lower-rate mortgage payment — potentially freeing up significant monthly cash flow. Whether this is the right move depends on your full picture.

Reason 02

Private mortgage exit

Private mortgages are designed to be temporary. If you're approaching renewal on a private — or you're already paying 9%, 10%, 12% or more — the goal is usually to move you back toward an A-like, credit union, or alternative lender option as soon as your file can support it. The earlier we look at the file, the more runway we have to put a real exit plan together.

Who you're actually talking to

Every inquiry is reviewed personally. By a licensed mortgage professional.

You're not submitting your information to a faceless lead form that gets resold. The Mortgage Reset Program is operated personally by Jeffrey Ike — every call comes from a licensed mortgage professional. Canada Lend Inc. is a licensed Ontario mortgage brokerage with access to a wide network of lenders, including banks, credit unions, alternative lenders, and private lenders.

Jeffrey Ike, Licensed Mortgage Agent Level 2
Jeffrey Ike
Licensed Mortgage Agent Level 2 · Ontario
Canada Lend Inc. — Brokerage FSRA #11384
Agent FSRA #M21003771

Verify this licence on FSRA's official registry →

Frequently asked questions

Quick answers to the most common questions.

Will this affect my credit score?
No. We don't pull credit at the inquiry stage. A credit check is only done if and when you decide to move forward with a formal application.
Is this a guaranteed approval?
No. No licensed mortgage agent in Canada can guarantee approval before reviewing a file. Approval is subject to lender guidelines and is based on income, credit, equity, property, and overall borrower profile.
What if I've already been declined by my bank?
That's actually one of the most common reasons people reach out. A decline at one lender doesn't mean every lender will say no — different lenders have very different guidelines for self-employed borrowers.
Do I need 2 years of NOAs?
It helps, but it's not always required. Some lenders work with shorter business histories, stated income, or corporate financials. The review is meant to figure out which lender category fits your actual situation.
Is there a fee to submit?
No. The refinance review is free. If we proceed to a formal application and the file is placed with a lender, compensation is typically paid by the lender (in most A and alternative lender scenarios). Any borrower-paid fees would be clearly disclosed in writing before any commitment.
Will my information be shared?
Your information is only used to review your refinance options. It is not sold or shared with third parties for marketing.
How long does the process take?
The initial review call usually takes 15–25 minutes. Depending on lender and file complexity, refinance closings typically range from 2 to 6 weeks once an application is submitted.
Start here

Request your free refinance review.

Takes about 90 seconds. No credit pull. A licensed mortgage agent will follow up within one business day.

No credit pull. No obligation. Your information is reviewed personally and is not shared with third parties for marketing.

Start My Free Refinance Review