Buying a home while on maternity or parental leave

A teacher on maternity or parental leave can qualify on full pre-leave salary, not the reduced leave income, with a return-to-work letter from the board that states a specific return date and confirms the position and salary.

Being on leave does not mean being treated as having no income. With the right document, your full salary is back on the table.

The document that changes everything

The key is a return-to-work letter from your board stating a specific date you return to your position, along with that position and salary. With it, lenders use your full pre-leave salary rather than your temporary top-up or EI.

Why your income story stays intact

• Your permanent position and grid placement carry through the leave.
• Pre-leave salary is the qualifying figure, not the reduced leave income.
• Timing the application around your return date can produce a stronger file.

Common questions