Tech employees - does Canadian banks consider RSUs part of your income while applying for mortgage? 40% of my income is RSUs (monthly vesting) and looking to buy a house

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Typically they look at your past T4s. At least they did for me. I had RSUs vest in the past so that counted. They didn’t ask about unvested RSUs.

If you can cash the RSU then yes

It is based on T4 from the current company. If you just change job, they will consider base salary only, assuming bonus doesn’t exist. Banks are getting more conservative.

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