We provide low rates and excellent mortgage options specifically for self-employed individuals. One of our main advantages is our ability to offer fast mortgage approval, even for those who have been previously declined by other lenders. We understand the unique circumstances that self-employed individuals face, including reduced taxable income due to claimed expenses. Our mortgage options take this into consideration, allowing you to qualify for a loan based on your actual income rather than just what is shown on your tax returns.

For those with a significant amount of expenses impacting their qualifying income, our Stated Income mortgage option can be particularly useful. This option allows you to provide an estimate of your income without the need for extensive documentation. Instead, we accept dividend and investment income, as long as you can provide stability and proof of these earnings.

As with any mortgage application, there are certain documents that are required. These include 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. By providing these documents, you can demonstrate your business's stability and ensure that you have the necessary proof to qualify for a mortgage.

Our access to top Canadian lenders sets us apart from other mortgage providers. We work with large banks, mortgage finance companies, credit unions, and alternative financers, giving you a wide range of options to choose from. This means that we can find a lender that takes reasonable income estimates into consideration and is willing to work with self-employed individuals.

Whether you are a Business For Self (BFS) borrower or have unique circumstances surrounding your self-employment, we are here to help. Give us a call today to learn more about our tailored mortgage options for self-employed individuals.