Self-employed individuals can take advantage of low rates and excellent mortgage options. They can also benefit from fast mortgage approval, even if they have been declined in the past. Mortgage options for self-employed borrowers take into consideration their reduced taxable income due to claimed expenses. The Stated Income mortgage is particularly useful for those with expenses that impact their qualifying income. Dividend and investment income are also accepted, as long as stability and proof requirements are met. To apply for these mortgages, borrowers need to provide documents such as 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. Self-employed individuals have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers who accept reasonable income estimates. Options tailored specifically for Business For Self (BFS) borrowers are also available. For more information, please give me a call.