Self-employed individuals can benefit from low rates and excellent mortgage options that are specifically tailored for their needs. These options ensure fast mortgage approval, even for those who have previously been declined. One advantage of these mortgage options is that they take into account the reduced taxable income resulting from claimed expenses. Additionally, the Stated Income mortgage is particularly useful for individuals whose expenses impact their qualifying income. Dividend and investment income are also accepted, provided there is stability and proof of income. To apply for these mortgages, individuals must provide various documents such as the Notice of Assessment, T1 Tax Statement, proof of ownership in the business, contracts or financial statements, and a copy of the Article of Incorporation or business license. Clients have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers who accept reasonable income estimates. Tailored options are also available for Business For Self (BFS) borrowers. For more information, please give us a call.