Self Employed

Self-employed individuals can benefit from low rates and excellent mortgage options, including fast approval even after previous declines. These options take into account reduced taxable income from claimed expenses, making a Stated Income mortgage an attractive choice for those with expenses impacting qualifying income. Acceptance of dividend and investment income is possible with stability and proof requirements. Required documents for these self-employed mortgage options include the Notice of Assessment, T1 Tax Statement, proof of principal ownership in the business, contracts or financial statements, and copy of the Article of Incorporation or business license. Borrowers also have access to top Canadian lenders such as large banks, mortgage finance companies, credit unions, and alternative financers accepting reasonable income estimates, with tailored options available for Business For Self (BFS) borrowers. To learn more, please give us a call!

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