Uber & Lyft Driver
Stated Income Mortgages for Uber and Lyft Drivers
Uber and Lyft drivers
The short answer
Rideshare and delivery drivers can qualify for a stated income mortgage using platform earnings summaries and bank deposits, which show gross fares before the vehicle, fuel and platform-fee deductions that flatten a tax return.
Why the usual approach undercounts you
- Vehicle depreciation, fuel, insurance, cleaning and platform commissions are all deducted from reported income.
- Many drivers work across two or three apps, so income is split across statements.
- Gig income is newer to lenders and is frequently misread as unstable.
What lenders ask for instead
- Annual and monthly earnings summaries from each platform
- 6–12 months of bank statements showing platform deposits
- T1 General and Notice of Assessment for the last two years
- GST/HST registration where applicable
- Photo ID and driver's licence
Required documents vary by lender and by file.
How the numbers usually change
A full-time driver running two platforms can show consistent weekly deposits year-round while the tax return, after vehicle costs, suggests part-time earnings. Combined platform statements plus deposits present the fuller picture.
Not sure what your business income qualifies for?
Send a few details and we'll show you the number a self-employed lender would actually use.
Common questions
How long do I need to be driving before I can apply?
Most lenders want to see a documented earnings history — commonly around two years, though some assess shorter histories case by case.
Can I combine rideshare income with a part-time job?
Yes. Mixed employment and self-employment income is common and is assessed together.
Other occupations we work with
Ready to see what you qualify for?
Send your details and we'll review your business income the way a self-employed lender does — no credit pull to start the conversation.