Self-employed individuals can take advantage of low rates and excellent mortgage options. Even if they have been declined before, fast mortgage approval is possible. These mortgage options consider the reduced taxable income that self-employed individuals have due to claimed expenses. Those with expenses impacting qualifying income can benefit from Stated Income mortgages. Dividend and investment income is accepted as well, as long as there is stability and proof of this income. To apply for these mortgage options, self-employed individuals need to provide several documents including 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. Access to a variety of top Canadian lenders, such as large banks, mortgage finance companies, credit unions, and alternative financers, is also available. Options tailored specifically for Business For Self (BFS) borrowers are also offered. For more information, feel free to give us a call.