New mortgage product targets documentation barriers for self-employed Canadians
This article was produced in partnership with Alta West
In today’s lending environment, self-employed Canadians are facing bigger and bigger hurdles in securing traditional financing. Even when cash flow is strong, a lack of standard income documentation, such as Notices of Assessment (NOAs), financial statements, or consistent banking records, can often derail otherwise sound applications. Making matters worse is the added strain on brokers who have to be more creative than ever to serve all of their clients pushed into difficult situations.
When we spoke with our broker partners, we noticed the recurrent frustration it was causing them. In fact, reading this, you have probably recently been dealing with a situation similar to this one. There is an unfilled gap in the market.
That is why we at Alta West Capital is stepping up with a powerful new solution: its B Low Doc mortgage product, designed specifically for business-for-self applicants in need of simplicity, speed, and flexibility.
Stitched for brokers, tailored for borrowers
“We listened closely to what brokers have been telling us, "says Armando Diseri, Chief Sales Officer at Alta West Capital. “In today’s climate, more Canadians are choosing to work for themselves — but the system still penalizes them with red tape and delays. With our B Low Doc offering, we’re cutting through the noise to offer a real alternative.”
The product’s appeal is clear:
- Rate: 5.99%
- Lender Fee: Just 2% (yes, really)
- Finder’s Fee: 1% paid to brokers from the lender fee
- Documentation required: None of the usual — no NOAs, no bank statements, no business financials for BFS clients
Available across multiple provinces, Alta West’s B Low Doc product fills a growing need in the marketplace, giving self-employed Canadians access to competitive rates without the documentation drag that often leaves them sidelined.
Who this is for
The product is ideal for:
- Sole proprietors and business owners who retain earnings in their corporations
- Gig economy workers and contractors with fluctuating income streams
- Newly self-employed individuals without a long operating history
- Clients in transition who are otherwise equity-rich but don’t fit a traditional box
“The borrower profile we’re seeing most often is someone who’s doing well — they have strong equity and a viable story — but they just don’t show income the way banks want them to,” Diseri explains. “This product exists to meet that need, with fewer roadblocks and faster funding.”
A true B product — without the B-hassle
While many lenders claim to offer B lending flexibility, Alta West is leaning into it with full force. By eliminating the need for traditional income proof, the lender is simplifying the approval process without compromising on sound underwriting. Deals are still equity-based and carefully assessed — but with an emphasis on responsiveness and common sense.
“Speed matters. Simplicity matters. Brokers need to know when they send a deal in, it’s going to get looked at quickly and fairly,” Diseri says.
Standing out in a crowded market
What makes this product different isn’t just the low documentation requirements — it’s the combination of rate, service, and flexibility. A 5.99% rate and a 1% lender fee makes
Alta West one of the most competitive options in the space, especially when paired with the confidence brokers have in their consistent funding model.
“We don’t take shortcuts — we just make it easier,” says Diseri. “Our goal is to support brokers with products that solve real-world problems. This B Low Doc is one of our best yet.”
Ready for your next self-employed deal?
If you’re working with clients who are equity-rich, income-light, and tired of jumping through hoops, Alta West Capital’s new B Low Doc product could be the solution.
To learn more or submit a deal, visit altawestcapital.com or reach out to your Alta West BDM today.
