If you are self-employed and looking for a mortgage, you are in luck. We offer low rates and excellent mortgage options specifically designed for individuals like you. Whether you have been declined for a mortgage in the past or are worried about your reduced taxable income due to claimed expenses, we can help.

We understand that self-employed individuals may have various expenses that impact their qualifying income. That's why we offer a Stated Income mortgage option, which considers these expenses and allows you to qualify based on your overall financial situation. This can be especially useful for those who have a high amount of expenses that may otherwise reduce their qualifying income.

In addition to considering claimed expenses, we also accept dividend and investment income as part of your overall financial stability. However, we do require proof of this income, such as bank statements or other documents that demonstrate its consistency and stability.

To apply for a mortgage, we will need certain documents from you. These include your Notice of Assessment, T1 Tax Statement, proof of principal ownership in your business, contracts or financial statements, and a copy of the Article of Incorporation or business license. These documents help us verify your income and business ownership.

One of the benefits of working with us is that we have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. This means that we can offer you a wide range of options and help you find the best mortgage solution based on your specific needs and income estimates.

If you are a Business For Self (BFS) borrower, we also have options tailored specifically for you. We understand the unique challenges and financial situations that BFS borrowers face, and we can provide you with the guidance and assistance you need to secure a mortgage.

If you have any questions or would like to discuss your mortgage options further, please give us a call. We are here to help you navigate the mortgage process and find a solution that works best for you.