Self Employed

Self-employed individuals can take advantage of low rates and excellent mortgage options, with fast approval even after previous declines. Mortgage options for self-employed individuals consider reduced taxable income from claimed expenses, including the use of a Stated Income mortgage for those with expenses impacting qualifying income. Acceptance of dividend and investment income is possible with stability and proof requirements. Required documents include the Notice of Assessment, T1 Tax Statement, proof of principal ownership in the business, contracts or financial statements, and copy of the Article of Incorporation or business license. Access to top Canadian lenders, such as large banks, mortgage finance companies, credit unions, and alternative financers accepting reasonable income estimates is available. Tailored options for Business For Self (BFS) borrowers are also a possibility. Give a call for more information!

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