Today I wanted to share with you some “OTHER INCOME SOURCES” you may not realize we can use in the Broker world, for example:

• Non Occupying Co-Borrower – check out this article for more info
• Car, Living or Housing Allowance
• Parental Leave
• Foster Care
• Canada Child Benefit (CCB), Provincial Child Benefit, Family Allowances
• Support – Spousal/Child
• Investment income
• Retirement/Life Annuity
• Long-term & Short-term Disability Pension/Insurance
• RRIF
• First Nations
• Part Time Job (Second Job)
• Tip income (if claimed, or Alt lenders will look at deposits)
• Roommate/Supplemental income (Alt lenders only)

Be sure to have your mortgage needs run past us if you’ve ever been told NO by a Bank, we may be able to help!