It will be extremely hard to get an approval for a mortgage without employment proof. No matter what is the down payment, the bank needs to see that you are able to cope with the monthly mortgage payments and other payments associates to owning a home like property taxes, maintenance and utilities. You might need to apply as self employed and have a large down payment. Then you will have more options and you might be approved if you will not state the fact that you are on a disability.

Hello Denice, Long term disability is still considered income in Canada. It is assumed that if you were to come off disability that you will be earning much higher anyway if you were to go back into your field. Not every lender does look upon it kindly though and they will want to make sure there are other strong points to the mortgage application. Its hard to categorize each and every possible scenario here on this reply but I would be happy to discuss your unique situation with you and give my thoughts on the matter. This goes for any reader you has similar questions. Give me a call anytime. Abraham Niyazi - Mortgage Agent - Lic#M08010640 - Centum One FInancial Corp - Lic 10758. Cell: 416-993-4082 Toll Free: 1-866-728-3708 x 115 http://www.centum.ca/abraham_niyazi/ I deal with 25 lenders and can do mortgages across Canada except Quebec.

does going on unemployment affect your chances of getting a mortgage?