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Featured 2025.12.22

How to Get a Mortgage While on Job Probation in Canada .

Denied a mortgage due to job probation? Monoline lenders, B lenders, and alternative options can approve you even with a short employment history. Here's how.

Mortgage while on probation: B lenders and monoline lenders approve with 20-25% down payment, 680+ credit score. B-lender rates carry a quote-dependent premium over big banks (A-lender 5-year fixed from about 4.34%, Ratehub Sep 30, 2026). Alternative: letter of employment, 6 months bank statements, or co-signer. Wait 3-6 months for better rates with A lenders after probation ends.

Portrait of Scott Dillingham
Scott Dillingham
Mortgage & Financing

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Ready to Finance Your Next Multifamily Building?

Calculate your max MLI loan and talk to CMHC program specialists.

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