Self-employed individuals can benefit from low rates and exceptional mortgage options that are specifically designed for their unique financial situations. These mortgage options provide fast approval, even for those who have been previously declined. They take into account the reduced taxable income resulting from claimed expenses, making it easier for self-employed individuals to qualify. The Stated Income mortgage option is especially useful for those whose expenses impact their qualifying income. Dividend and investment income are also considered, as long as stability and proof requirements are met. To apply for these mortgage options, individuals will need to provide various documents such as the Notice of Assessment, T1 Tax Statement, proof of business ownership, contracts or financial statements, and the Article of Incorporation or business license. With access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, reasonable income estimates are accepted. There are even tailored options available for Business For Self (BFS) borrowers. Call now to learn more!