Teacher mortgage guides
Find answers about your teaching income, buying a home, renewing and refinancing.
By situation
Occasional & supply teacher mortgages in Ontario
The earnings records and work history to prepare as a supply teacher.
Read the guideLTO teacher mortgages: pay, documents and income history
How assignment dates, grid pay and past earnings fit into a mortgage application.
Read the guidePermanent teacher mortgages in Ontario
Documenting your annual salary and employment conditions.
Read the guideBuying a home while on maternity or parental leave
Return-to-work income, lender requirements and your leave budget.
Read the guideBuying a home as a new or probationary teacher
Your contract, probation and purchase timing, explained.
Read the guideSummer EI and your teacher mortgage application
Check summer EI eligibility and how to document it for a mortgage.
Read the guideRenewing your mortgage as an Ontario teacher
What to compare before accepting your renewal offer.
Read the guideRefinancing a mortgage as an Ontario teacher
When refinancing may help, what it costs and how much equity may be available.
Read the guideGetting a mortgage on an OTPP pension in retirement
Using documented pension income and planning for payments in retirement.
Read the guideMortgage income documents for each teaching status
Compare the documents for permanent, LTO, supply, on-leave and retired teachers.
Read the guideParental leave: which income can a mortgage lender use?
Return-to-work salary may count. Confirm the conditions and the leave budget.
Read the guideHow income works
Do Ontario teachers get paid in the summer, and does it change your mortgage?
Understand your summer pay schedule and how to document income.
Read the guideYour pension and your mortgage
How pension deductions affect take-home pay and a mortgage budget.
Read the guideThe Ontario teacher salary grid, explained: categories, steps and what boards pay
Find your category and step, read a board grid and check the year it covers.
Read the guideHow much house can an Ontario teacher afford?
Borrowing estimates with the salary, interest rate and housing costs shown.
Read the guideBuying a home with two teacher incomes
A worked borrowing example, combined debts and buyer-program eligibility.
Read the guideTutoring, summer school and coaching: does the extra income count?
Documents for board-paid extra work and private tutoring income.
Read the guideHow a salary-grid increase affects a mortgage estimate
See an example of how a confirmed raise changes estimated borrowing capacity.
Read the guideHow Many Occasional Days Before a Lender Counts Your Income
Occasional and supply teachers ask about a day count. A lender looks at a two-year average instead. Here is how days become dollars, and dollars become a mortgage.
Read the guideTwo Boards, Two Grids: How a Lender Reads a Two-Teacher File
When you each teach at a different board, a lender reads two letters and two grids, then adds the income. Here is how that file comes together and what shifts the number.
Read the guideOntario Teacher Pay Scale A1 to A4: What Each Category Needs
The qualifications behind each QECO category, what each one paid on a published 2025-26 grid, and how a lender sees your category.
Read the guideOntario Teacher Salary Grid 2026: What a Lender Uses Now
Searching for the 2026 grid? Here is what the last agreements set, why a new grid may not be posted yet, and which salary a lender reads in the meantime.
Read the guideQECO Upgrade: When Your New Category Counts for a Mortgage
Board agreements set September 1 or January 1 effective dates with paperwork deadlines. Here is how an upgrade travels from course to pay stub to mortgage file.
Read the guideRates and timing
A Bank of Canada rate decision: what to check on your mortgage
Check your mortgage type, renewal date and payment before making a change.
Read the guideYour first teaching contract: applying before the first pay stub
Prepare for a mortgage before your first pay arrives, including contract dates and probation.
Read the guideA teacher salary increase: updating your mortgage budget
Check the raise amount, effective date and new take-home pay before changing your purchase budget.
Read the guideYour first teacher pay stub does not match the salary letter
Check pay dates, gross earnings and deductions before comparing a first pay stub with annual salary.
Read the guideYour salary has increased: what to check at mortgage renewal
A higher salary is one part of the renewal decision.
Read the guide
Talk to us
Emily & Jeff Mudrick
Mortgage agents, Mudrick Mortgages
Serving teachers across Ontario.
Discuss your mortgage plans
Discuss your income, budget and next steps for buying, renewing or refinancing.