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Some good advice in this thread. I'm also in Canada and they just wanted to see 2 years of tax records to see income.... they had zero questions about what the business was, or where it might be going... they weren't so detailed as to get into that.
The reality is if you don't meet your obligations they will just take the house back... so it's not *tremendously* risky for them and they don't really need to go into extreme depths to make sure you are gonna be able to pay your mortgage.
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