High Net Worth Mortgage Canada

If you have significant liquid assets and want your full financial picture to be recognized — not just your income — a High Net Worth Mortgage can help.

This type of mortgage is designed for clients with strong assets who may have complex or limited traditional income. It considers your verified liquid net worth alongside your income and credit, allowing for larger loan amounts and greater flexibility.

High net worth programs are available for:

• Purchases
• Refinances
• Mortgage transfers or consolidations

They can be used for primary residences, secondary homes, or investment properties.

Who a High Net Worth Mortgage can help

A High Net Worth Mortgage is ideal for individuals who are financially secure but may not qualify through standard income ratios — such as:

• Business owners or entrepreneurs who retain earnings in their company
• Retirees or semi-retired professionals living off investments
• Individuals with substantial savings, inheritance, or equity holdings

These programs recognize total financial strength, not just income from employment.

How It Works

To qualify, you must be a Canadian resident filing Canadian taxes and hold a minimum of $250,000 in verified liquid assets at a Canadian financial institution.

In addition to that minimum, lenders apply an “asset-to-mortgage equivalency rule.”
This means that for every $1 in mortgage amount you need above what you’d qualify for under standard debt ratios, you must show $1 in verified liquid assets.

Example:
If you qualify for a $400,000 mortgage using traditional income rules but need $900,000 to purchase your home, you must have $500,000 in verified liquid assets in addition to your down payment.

All assets must be unencumbered, held in your name (or jointly with another borrower), and verified over a 90-day period.

Eligible Liquid Assets

Lenders consider a wide range of assets as eligible for qualification, including:

Acceptable Assets:

• Chequing and savings account balances
• Guaranteed Investment Certificates (GICs)
• Tax-Free Savings Accounts (TFSAs)
• Mutual funds and exchange-traded funds
• Publicly traded Canadian or U.S. stocks
• Segregated funds or Guaranteed Investment Funds (GIFs)
• REITs that are traded on an exchange
• RRSPs and RIFs (discounted by 30%)
• Canadian or U.S. government bonds and treasury bills
• Equity in a property under a firm sale agreement

Conditionally Eligible:

• Corporate-held liquid assets, if:
  • The company’s operations are based in Canada
  • The assets are liquid and verifiable
  • All corporate owners are also on the mortgage application

Not Eligible:

• Locked-in retirement accounts (LIRAs, LIFs)
• Margin accounts
• Cryptocurrency
• Non-traded REITs or private equity
• Registered Education Savings Plans (RESPs)

Private wealth portfolios may be reviewed case-by-case if the assets are easily valued and convertible to cash.

Documentation Requirements

High Net Worth Mortgages follow standard documentation requirements with additional verification for assets.

You’ll need to provide:

• 90-day history of statements showing the liquid assets held in a Canadian institution
• Annual or quarterly investment statements confirming ownership and balances
• Proof of transfer history if funds were moved from another eligible account
• Recent 30-day bank statement showing assets currently on deposit in Canada

If funds were recently moved from a margin or investment account, a clear paper trail confirming eligibility will be required.

Foreign-held assets must be verified through a Canadian custodian or financial institution.

Down Payment and Loan-to-Value

For purchases, a minimum 20% down payment is required.

• Up to 80% loan-to-value (LTV) is available for borrowers with a Total Debt Service (TDS) ratio of 60% or less
• Up to 65% LTV may be available for borrowers with higher TDS ratios
• Some lenders limit to 75% LTV for rental or multi-unit properties

Down payment funds must be sourced from eligible assets and verifiable through a 90-day history.

Amortization

High Net Worth Mortgages are conventional only, meaning they are not insured through CMHC or private insurers.

The maximum amortization is 30 years, allowing for lower monthly payments and improved cash flow management.

Why Work With a Mortgage Broker

Each lender has its own interpretation of high net worth lending and its own internal policies for qualifying assets.

As your mortgage broker, we:

• Know which lenders specialize in private wealth and high net worth programs
• Compare offers from multiple institutions to secure the best rate and structure
• Handle all documentation and correspondence to keep the process seamless
• Advocate for your file directly with underwriters who understand complex asset portfolios

Through Dominion Lending Centres, we have access to Canada’s top banks, private wealth lenders, and boutique programs built specifically for high-asset borrowers.

Over half of all Canadian mortgages are now arranged through brokers — because clients recognize the value of expert guidance, flexible options, and better outcomes.

We work for you, not the bank.

Ready to Get Pre-Qualified?

Start your secure pre-qualification now.
It takes just a few minutes and won’t affect your credit.

Once you submit your information, we’ll review your goals, confirm your eligibility, and outline how much mortgage you could qualify for based on your verified net worth.

Prefer a more private consultation first?
You can also contact us directly to speak one-on-one with an experienced mortgage broker who specializes in high net worth financing.

Click Apply Now to get started — and discover how your assets can work for you.

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