If you are a self-employed individual in need of a mortgage, we offer low rates and excellent mortgage options that are specifically designed for individuals like you. We understand the unique financial situation that self-employed individuals face and are committed to providing fast mortgage approval, even if you have been declined in the past.

One of the key benefits of our self-employed mortgage options is that they take into consideration the reduced taxable income that often comes from claimed expenses. This means that we consider your actual income, rather than just what is shown on your tax return. For those with significant expenses impacting their qualifying income, our Stated Income mortgage option can be particularly useful.

We also understand that self-employed individuals may have income from various sources, such as dividends and investments. Unlike some lenders who may discount or refuse to consider this income, we accept dividend and investment income as long as there is stability and proof requirements met.

To apply for a self-employed mortgage, we require several documents. These include your Notice of Assessment, T1 Tax Statement, proof of principal ownership in the business, contracts or financial statements, and a copy of the Article of Incorporation or business license. These documents provide us with the necessary information to assess your eligibility and determine the mortgage options that are available to you.

We have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. This wide range of options allows us to find the best mortgage rates and terms for your specific financial situation. We can work with reasonable income estimates, making it easier for self-employed individuals to secure the mortgage they need.

If you are a self-employed individual looking for a mortgage, we have options tailored specifically for Business For Self (BFS) borrowers. Our experienced and knowledgeable team is here to help you navigate the mortgage process and find the best solution for your needs. Give us a call today to discuss your options and get started on your mortgage application.