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An easier approval process.

A mortgage that doesn't require you to verify your income; just tell us what you earn. A much simpler process, especially if your taxable income is not an indicator of your ability to carry a mortgage.

  • 3 & 5-year fixed rate; 5-year adjustable
  • 75-day rate hold for fixed terms
  • Maximum $575,000, with up to $775,000 for some major urban centres
  • $50,000 minimum loan amount
  • Up to 95% loan-to-value (plus lender fee)
  • 20% prepayment and 20% increase in payment options every year
  • Flexible payout & prepayment options
  • For purchase, refinance, equity take out
  • One time rate drop 7 days prior to closing (if applicable)
  • Requires confirmation of active business/employment & Notice of Assessment (NOA)
  • The income you state should be reasonable with respect to your occupation.

Contact a myNext Mortgage Planner today >