Loan options if you receive government benefits
Many Canadians rely on benefit payments as steady income. Pick yours to see which of our guides fits, then send one short request.
We are not a government agency and are not affiliated with any benefit program.
Which benefit do you receive?
Choose one to see the guide that fits.
ODSP
Ontario Disability Support ProgramMonthly support paid to Ontarians living with a disability. Some lenders view it as a steady, predictable income.
- Paid on a regular monthly schedule
- Usually deposited straight into your bank account
CPP
Canada Pension PlanA monthly retirement or disability pension. Many lenders see pension deposits as reliable regular income.
- Paid monthly into your account
- A steady amount from month to month
Child benefit
Canada Child BenefitMonthly payments for families raising children. Some lenders consider it alongside your other income.
- Arrives on a set monthly date
- Often combined with other household income
Between jobs
Employment Insurance and similarIncome while you look for work. Some lenders may look at benefit deposits and your recent banking activity.
- Benefit deposits can show regular income
- Lender criteria vary, so read each offer
Other benefits
Pensions and provincial assistanceOther regular payments may also count with some lenders. Tell the lender about your income when you apply.
- Regular deposits matter most
- Each lender sets its own criteria
Three simple steps
No long forms and no paperwork to print.
Pick your benefit
Read the guide that matches your income so you know what to expect.
Send one short request
Answer a few questions online. It only takes a few minutes.
Lenders review it
A participating lender may contact you. Each one makes its own decision.
Find the guide for your income
Each guide explains how that kind of income is usually viewed.
Other steady benefits
Pensions, provincial assistance and other regular payments may also count with some lenders.
Check my optionsNot sure which fits?
Take our quick self-check to see if you meet the common requirements.
Am I eligible?What lenders may look at
Benefit income is only part of the picture. These are common checks.
Remember. No lender can guarantee approval. Never pay a fee before you receive money.
Payment schedule
How often and when your benefit arrives.
Bank deposits
Benefits paid into an active Canadian account.
Your budget
Whether repayments fit with your other bills.
Your province
Rules and limits differ across Canada.
Can I apply if my only income is a benefit?
Some lenders accept regular benefit payments as income. Each lender decides what counts, so approval is never guaranteed.
Will the lender contact my benefit office?
No. We are not connected to any government program, and lenders usually confirm income through your bank account.
Which benefits can count as income?
Examples include disability support, pensions, child benefits and Employment Insurance. Requirements vary by lender and province.
Do I need to pay anything to apply?
You should never pay a fee to receive a loan offer. Read every offer carefully before you accept it.
Ready to see your options?
Send one short online request and see which participating lenders can connect with you.
Check My OptionsApproval, amounts and terms depend on the lender and your province.