Self-employed individuals can benefit from low rates and excellent mortgage options that are specifically designed for them. Even if they have been previously declined, fast mortgage approval is still possible. These mortgage options take into account the reduced taxable income that may result from claimed expenses. For those who have expenses that impact their qualifying income, a Stated Income mortgage can be particularly useful. Dividend and investment income are also accepted, as long as stability and proof requirements are met. To apply for these mortgage options, certain documents are required, such as the Notice of Assessment, T1 Tax Statement, proof of business ownership, contracts or financial statements, and the Article of Incorporation or business license. We have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers who accept reasonable income estimates. If you're a Business For Self (BFS) borrower, contact us to discuss the tailored options available to you.