Tips for Unique Income Situations – Naborly Support

We hear you! Not everyone earns income from a full-time salaried job. Below you can find some examples for unique income situations and learn how to provide Naborly with the best documents possible.

Income from Tips
Part-Time/Casual work
Self-Employed with Cash income
Rental Income
Family member paying rent
Student loan income
No current income
Maternity/Paternity leave
Student/Co-op
Seasonal work
Equity/Profit Sharing/Bonus

1) I earn most of my income from tips which are not shown on my paystub

If you earn tips that are not shown on your paystub, we highly recommend getting a letter of employment to show your income. In the letter, you employer should include the following details:

Your full legal name
A date within the last 30 days
How much you earn in wages and how much you generally take home in tips
Your employer's name and contact details (formal letter head, phone number, and/or email)

2) I work part-time and my hours always change

If you work part-time and your most recent paystub does not represent the hours you normally work, a letter of employment would work best to show this income source. In the letter, you employer should include the following details:

Your full legal name
A date within the last 30 days
How many hours you generally work a week and your hourly wage
Your employer's name and contact details (formal letter head, phone number, and/or email)

3) I am self-employed and only earn cash income

If you are self-employed and only get paid in cash, we recommend uploading the following two documents as proof of income:

i. Contract invoice of a recent customer

ii. A recent full monthly bank statement showing deposits that match the invoice

4) I am a landlord myself

We have a few tips to help you navigate this situation. Please see What if I have income from a Rental Property? to learn more about how to successfully claim your rental income source.

5) My parent or family member will be paying the rent on my behalf

If your parent or family member is paying rent directly to the landlord on your behalf, this would mean that they are a guarantor/co-signor. If you select Family Support as your source of income, you will need to be able to provide income documents that meet the verification requirements of this income source.

If you choose Family Support, please make sure that you are not claiming your family member's income source (e.g. their employment, their social assistance, etc.). You should only claim your income in your Application.

You may want to ask the landlord/property manager to send your family member an Application as well to fill out as a guarantor.

Other income options for you may include:

Savings/Investment
Other (no current income)

6) I am a student who only receives income a couple times a year, and don't have in date documents

We have a few tips to help you navigate this situation. Please see What if I'm a Student? to learn more about how to successfully claim your student income source.

7) I do not have current income because I am unemployed, looking for work, or my partner earns money for both of us

If you have no current income to declare, we highly recommend reviewing the article What if I don't have a current income? This will help you navigate this situation more specifically.

Generally, you should:

i. Declare Other as your income source

ii. For the question, How much do you receive annually after tax?, please input $0

iii. You will have to upload something in order to submit your Application, but since you are claiming $0, we will be able to successfully verify anything that you upload. We generally recommend a brief note explaining your situation to the landlord/property manager.

8) I'm currently on maternity/paternity leave

If you are unable to obtain a recent income document from your employer, but you are receiving EI, you can upload your most recent bank statement showing all the relevant EI deposits. Please note that if you are paid bi-weekly, we can only verify your full monthly amount if we can see multiple payments within the 1 month period.

If you are not on EI, please show us a letter of employment from your employer noting how much you are currently receiving while on leave. Please only claim an amount that you can verify with documentation.

9) I am a student who receives Co-op income

If you are a student who is working Co-op and receiving income, you can provide either a letter of employment or a paystub from the workplace or from the school you are attending. You can also provide a Bank Statement to prove that you receive income.

If you upload a Bank Statement, it MUST show:

Your full legal name as stated on the Application
Recent deposits from the institution funding you
Be dated within the past 30 days

10) I work at different times of the year (seasonal work)

If you work in the summer or winter, and it is not consistent work throughout the year, you can still submit your income documents from your workplace. You can submit a paystub, letter of employment, or a bank statement. However, you should only claim this income if you are currently receiving this income (within next 30 days or in the last 30 days). The document itself must also be dated within the last 30 days.

If you do not meet the above criteria, you can always explain your income situation with your landlord directly, since the landlord makes the tenancy decision.

In order for us to fully verify an income source, your supporting documents must meet the following criteria:

State your legal name
Includes the signature, contact information or letterhead of the income source
Dated within 30 days
Total net (after-tax) payments match the monthly total stated in your application

11) I receive equity/profit sharing/bonus from a company

If you receive equity, bonuses, or are a part of a profit sharing program with a company, you may provide a bank statement or pay stub which clearly differentiates income from the bonus, or a letter from your employer explaining your current equity agreement with the company.