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

Private mortgage?
High rate? Bank said no?
There may still be options.

You'd be surprised how many Ontario homeowners are in exactly this situation — and how many still have a path forward.

  • Stuck in a private or high-interest mortgage
  • Recently declined by your bank
  • Need to lower payments or consolidate debt
  • Private mortgage renewal coming up — no clear exit

The Mortgage Reset Program is a free refinance review for self-employed Ontario homeowners. No credit pull. No obligation. If your mortgage is coming up for renewal, the earlier you start, the more options are on the table.

See your refinance options
Takes less than 30 seconds. No credit pull. No obligation.
I consent to be contacted by Jeffrey Ike, Licensed Mortgage Agent Level 2 (Agent FSRA #M21003771), Canada Lend Inc. (Brokerage FSRA #11384). Not a mortgage application. Approval subject to lender review.
✔ No obligation ✔ Licensed mortgage professional ✔ Serving Ontario homeowners
No credit pull at review stage
No obligation
Licensed Ontario mortgage agent
FSRA #M21003771
The real problem

Most declines have nothing to do with whether you can afford the mortgage.

Banks run strict calculations. If you're self-employed, pay yourself dividends, or run income through a corporation — your file looks different on paper than it does in real life. That's not a you problem. It's a routing problem.

📄

Your income doesn't show on paper

Banks use your tax return. If your accountant reduced your taxable income, your qualifying income dropped with it. Both goals can't win at the same time.

🏦

You went to the wrong lender

Not every lender treats self-employed income the same way. Some are far more flexible — most borrowers never get routed to them.

📁

Your file was missing key documents

Underwriters need specific documents to approve. Missing them — even on a strong file — defaults the answer to no.

Who this is for

This review is built for Ontario homeowners the banks keep overlooking.

Self-employed homeowners who pay themselves dividends or draws

Incorporated business owners with 2+ years in business

Homeowners currently in a private mortgage or B-lender

Borrowers carrying heavy credit card or line of credit debt

Anyone recently declined who wants a real, honest second look

Ontario homeowners with a private mortgage renewal within 6 months

Why it keeps happening

4 reasons self-employed homeowners get declined — and why most are fixable.

  1. Your accountant saved you money on taxes — and it hurt your mortgage Writing off expenses and paying yourself dividends is smart. But it lowers the income number the bank sees. Your accountant's goal and the lender's goal are opposites. When both pull in different directions, your file gets stuck in the middle.
  2. You went to the wrong lender for your file type Big banks have rigid rules. Credit unions and alternative lenders often have completely different guidelines for self-employed borrowers. A file declined at a major bank is often approved elsewhere — when it's routed to the right place.
  3. Your credit took a hit during a hard stretch Missed payments, high balances, collections. These don't automatically mean no. Different lenders have different tolerances. The goal is matching your file to the right one — not just the obvious one.
  4. Your private or B-lender mortgage was never meant to be permanent Private mortgages are short-term bridges — not long-term homes. If you've been in one for more than 12–18 months, or renewal is coming up, it's worth reviewing whether a better path exists now.
These are structural problems — not affordability problems. A proper review looks at which of these applies to your file, and whether it can be fixed.

The sooner your file is reviewed, the more options you have.

Private mortgage timing. Renewal windows. Lender options. All of these narrow the longer you wait. A 15-minute call costs nothing.

Start My Free Review →

No credit pull. No obligation. Reviewed by Jeffrey Ike, Agent FSRA #M21003771, Canada Lend Inc.

What we help with

Real situations we review every week.

Private mortgage coming up for renewal

Renewal is coming. The earlier you start, the more exit options are available.

B-lender mortgage at a rate that hurts

There may be a path to credit unions or alternative lenders — depending on your file.

$40K–$150K+ in credit card or LOC debt

Rolling it into your mortgage may free up $1,500–$3,000/month. The review shows whether it makes sense.

Declined by your bank — self-employed income

A bank decline doesn't close every door. Different lenders have very different rules for self-employed files.

Paying yourself dividends — mortgage won't qualify

One of the most common files we see. There are lenders built specifically for dividend-income borrowers.

Credit took a hit — not sure where you stand

Not every situation is ready today. But most have a clear path forward. The review tells you which.

Own multiple properties — getting declined because of it

Banks heavily discount rental income in their calculations. If 2–3 properties are blocking your refinance, there are lenders who look at the full picture.

How it works

Simple. Straight. No runaround.

01

Submit your info

Fill out the form. About 60–90 seconds. No credit pull at this stage.

02

Jeff reviews your file

Jeffrey Ike, Licensed Mortgage Agent Level 2 (FSRA #M21003771), calls you within one business day to go through your situation personally.

03

You get an honest answer

What your file may qualify for, which lender type fits, and what the realistic next step looks like. No runaround.

Two of the most common reasons clients reach out

Debt consolidation. Private mortgage exit.

Option 01

Debt consolidation refinance

If you're carrying $50K, $80K, or more in credit cards and lines of credit at 18–22% interest, that can be $1,500–$3,000 per month in interest payments alone.

If you have equity in your home, rolling that debt into your mortgage at a lower rate may free up serious monthly cash flow. Whether it makes sense depends on your full picture.

Option 02

Private mortgage exit

Private mortgages are meant to be temporary — usually 6 to 24 months. If you've been in one longer, or renewal is coming up at 9%, 10%, 12%+, the goal is to move you to a credit union, alternative lender, or better rate as soon as your file supports it.

The earlier we look, the more runway there is to build the exit plan properly.

Who you're talking to

Your inquiry is reviewed personally. Not forwarded to a call centre.

Jeffrey Ike, Licensed Mortgage Agent Level 2, Ontario Agent FSRA #M21003771

Jeffrey Ike

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

You're not submitting your info to a form that gets resold to three different brokers. Every call comes from Jeff directly. Every file gets reviewed personally before anything moves forward.

Canada Lend Inc. is a licensed Ontario mortgage brokerage with access to banks, credit unions, alternative lenders, and private lenders across Ontario.

Verify this licence on FSRA's official registry →
Questions

Quick answers.

Will this affect my credit score?
No. We don't pull credit at the review stage. A credit check only happens if you choose to move forward with a formal application — and only after we've talked through it.
Is this a guaranteed approval?
No. No licensed mortgage agent in Canada can guarantee approval. What we do is give you an honest read on your options based on income, credit, equity, property, and lender guidelines — before anything is submitted.
My bank already said no. Why would this be different?
Because different lenders have very different rules for self-employed borrowers. A bank decline means that lender said no — not that every lender will. Alternative lenders and credit unions often approve files that major banks won't touch, especially with equity and business income in play.
Do I need 2 years of tax returns?
It helps but isn't always required. Some lenders work with one year, stated income, or corporate financials. The review figures out which lender type fits your specific situation.
Is there a cost?
No. The review is free. If we proceed to a formal application, compensation structure varies depending on the lender and the type of mortgage. For some products, compensation is paid by the lender. For others — including certain alternative, B-lender, and private mortgage solutions — a borrower-paid fee may apply. All fees are always disclosed in writing and agreed to before you sign anything. There are no surprises.
Will my information be shared or sold?
No. Your information is used only to review your refinance options. It is not sold or shared with third parties for marketing.
How long does the process take?
The review call is 15–25 minutes. If we move to a formal application, closings typically take 2 to 6 weeks depending on the lender and the file.
Start here

Get your refinance options.

About 90 seconds. No credit pull. A licensed mortgage agent follows up within one business day. Timing matters — the earlier we review your file, the more options are on the table.

I consent to be contacted by Jeffrey Ike, Licensed Mortgage Agent Level 2 (Agent FSRA #M21003771) of Canada Lend Inc. (Brokerage FSRA #11384) by phone, text, or email regarding my refinance inquiry. Submitting this form is not a mortgage application. All approvals are subject to lender review.

No credit pull. No obligation. Your information is reviewed personally and is never sold or shared for marketing.

Start My Free Review — No Credit Pull →