We offer low rates and excellent mortgage options specifically designed for self-employed individuals. We understand the unique financial circumstances of self-employed borrowers and strive to provide fast mortgage approval, even for those who have been previously declined.

Our mortgage options take into consideration the reduced taxable income that often results from claimed expenses. We understand that self-employed individuals may have legitimate business expenses that can impact their qualifying income. Therefore, we offer a Stated Income mortgage option that allows borrowers to provide a more accurate representation of their income.

Furthermore, we also accept dividend and investment income as a valid source of income for self-employed borrowers. However, we do require stability and proof of this income, ensuring that the borrower's financial situation is secure.

To apply for a mortgage, we require certain 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. These documents help us evaluate the borrower's financial situation accurately and determine the best mortgage options for them.

With our network of top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, we are able to offer a wide variety of mortgage products. These lenders are open to accepting reasonable income estimates and have a track record of providing competitive rates and flexible mortgage solutions.

If you are a self-employed borrower and need a tailored mortgage solution for your business, look no further. Contact us today to discuss our Business For Self (BFS) options. Our knowledgeable team is ready to assist you in finding the mortgage that best suits your needs.