Question 1

Who qualifies for a self-employed mortgages in Quebec City?

Accepted Answer

Any Canadian resident in Quebec City who meets the standard self-employed mortgages criteria — we help borrowers from Sainte-Foy, Sillery, Saint-Roch and surrounding Capitale. Affordable provincial capital. Government-employee borrower base.

Question 2

What's the average self-employed file size in Quebec City?

Accepted Answer

Quebec City's benchmark home price is approximately $405,000, so the median self-employed file we see here sits in the $344,250–$465,750 band. Your specific neighbourhood and property type can move that materially.

Question 3

What does a self-employed mortgages cost on a typical Quebec City home?

Accepted Answer

On Quebec City's $405,000 benchmark price, a representative self-employed file at minimum down works out to about $81,000 down and roughly $1,613/mo (principal + interest at 4.39% over a 30-year amortization). Your exact numbers depend on the property and your file — we run them precisely before you commit.

Question 4

Why use a Quebec City mortgage broker for a self-employed mortgages?

Accepted Answer

A local broker knows Capitale's property types and which of our 100+ lenders price self-employed files best in Quebec City — from Sainte-Foy and Sillery condos to detached stock. Beyond the Big-6 banks and national monolines, that includes regional Quebec lenders like Desjardins, Laurentian Bank — several of which qualify on the contract rate rather than the stress-test rate, which can matter on a tight file. Affordable provincial capital. Government-employee borrower base. We compare every option and there's no fee to you on A-lender files.

Question 5

How long do I need to be self-employed?

Accepted Answer

Most A-lenders want 2 full years with 2 years of T1s and Notices of Assessment. Some go 1 year with offsetting strengths (large down payment, prior salaried history in same field). Private lenders have no minimum.

Question 6

What is 'stated income'?

Accepted Answer

An A-lender program where the lender accepts a reasonable stated income for your industry instead of using your line-150 net. Common at major banks for BFS borrowers with 35%+ down and clean credit (700+).

Question 7

Can I include dividend income?

Accepted Answer

Yes — most A-lenders accept 2 years of T5 dividend income. Some gross-up dividends by 25-30% to reflect tax-equivalent salary. If you take both, we layer them.

Question 8

Will my rate be higher because I'm self-employed?

Accepted Answer

On A-lender stated/full-doc: rates are essentially the same. On B-lender alt-A: +50-150 bps for flexibility. On private: +200-500 bps. Most BFS clients refinance to A-pricing within 1-2 years.

Question 9

How long does a self-employed take to close in Quebec City?

Accepted Answer

Most Quebec City files close in 21-35 days from approval. Faster on clean A-lender transfers; slower on alt-A or files requiring an appraisal in a fast-moving Capitale market.

Question 10

What documents do I need for a self-employed in Quebec City?

Accepted Answer

Standard package: two pieces of government photo ID, two years of T4s/NOAs, recent pay stubs, 90-day proof of down-payment funds, and the property documents (MLS listing or current mortgage statement). Self-employed and newcomer files have additional requirements — we send a precise list after a 5-minute intake.

Question 11

Who regulates a self-employed mortgages in Quebec?

Accepted Answer

Mortgage brokering in Quebec is regulated by the AMF (Autorité des marchés financiers). Mortgage Squad Advisors is a licensed brokerage (FSRA #13737, Ontario head office) and arranges Quebec financing in compliance with AMF requirements — directly or through licensed partner brokers where provincial registration requires it. All advisors are FINTRAC-trained. Ask us for the registration details that apply to your file.

Self-employed mortgages in Quebec City.

Self-employed mortgages — built for Quebec City.

Add-backs: qualifying on your real Quebec City income

A-lender, alt-A, or private — and the path back to prime

Self-employed mortgages across Quebec City

Self-employed mortgages in Quebec City — common questions.

Other mortgage solutions in Quebec City

Self-employed mortgages in other Quebec cities

Self-employed mortgages in Quebec City: helpful guides & tools

Ready to start your self-employed mortgages in Quebec City?