We provide low rates and excellent mortgage options specifically designed for self-employed individuals. We understand the unique financial situations of self-employed individuals and offer fast mortgage approval, even if you have been declined in the past.

One of the key advantages of our mortgage options for self-employed individuals is that we consider the reduced taxable income resulting from claimed expenses. We understand that self-employed individuals often have expenses that can impact their qualifying income, and our mortgage options take this into account.

For those who have a significant amount of expenses that impact their qualifying income, our Stated Income mortgage option may be useful. This option allows you to state your income without having to provide extensive documentation, making it easier for you to qualify for a mortgage.

We also accept dividend and investment income, as long as it meets the stability and proof requirements. We understand that self-employed individuals often have multiple sources of income, and we take this into consideration when determining your eligibility for a mortgage.

To apply for a mortgage as a self-employed individual, you will need to provide several required documents. These include 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.

We have access to a wide range of top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. These lenders are open to accepting reasonable income estimates and offer competitive rates for self-employed individuals.

If you are a Business For Self borrower, we have options tailored specifically for your needs. We invite you to give us a call to discuss your mortgage options and find the best solution for your unique situation.