We offer low rates and excellent mortgage options specifically designed for self-employed individuals. Whether you have a stable income or not, our fast mortgage approval process ensures that even if you have been declined in the past, we can still help you secure a mortgage.

Our self-employed mortgage options take into consideration your reduced taxable income, taking into account claimed expenses. This is especially beneficial for those who have significant expenses that impact their qualifying income. Our Stated Income mortgage is specifically designed for individuals in this situation, allowing them to provide proof of income that reflects their actual financial situation.

We also understand that self-employed individuals often have diverse income streams, including dividend and investment income. We accept these additional sources of income, as long as they can be proven and demonstrate stability. This provides a more inclusive approach to mortgage approval, catering to the unique financial circumstances of self-employed borrowers.

To apply for a mortgage, we require certain documents such as the 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 are necessary to verify your income and business ownership.

We have access to a wide range of top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. This allows us to present you with multiple options and find the best mortgage solution that suits your needs. By accepting reasonable income estimates, we ensure that self-employed individuals have access to competitive mortgage rates and terms.

If you are a self-employed individual looking for mortgage options tailored specifically to your situation, give us a call. We have extensive experience working with Business For Self (BFS) borrowers and can provide personalized assistance in finding the right mortgage for you.