Self Employed

Are you self-employed and in need of a mortgage? Look no further! We offer low rates and excellent mortgage options specifically designed for individuals like you. Even if you've been previously declined for a mortgage, our fast approval process is here to help.

One of the benefits of our self-employed mortgage options is that we consider your reduced taxable income due to claimed expenses. This means that we take into account the expenses you deduct from your income when determining your eligibility for a mortgage. If you have a lot of expenses that impact your qualifying income, our Stated Income mortgage may be the perfect solution for you.

We understand that self-employed individuals often have diverse sources of income. That's why we accept dividend and investment income, as long as it can be proven to be stable and reliable. We may require documentation such as proof of dividend payments or investment statements to verify this income.

To apply for a mortgage, you will need to provide several documents. These include your Notice of Assessment, which confirms your income as reported to the Canada Revenue Agency. You will also need your T1 Tax Statement, which provides a summary of your income and deductions. Additionally, we will require proof of your principal ownership in the business, such as a business license or copy of the Article of Incorporation. If applicable, you may also need to provide contracts or financial statements for your business.

Rest assured that we have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. These lenders are willing to consider reasonable income estimates when assessing your mortgage application. We can tailor our options specifically to your needs as a self-employed borrower.

So why wait? Give us a call today to discuss your self-employed mortgage options. We are here to help you secure the financing you need.

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