Self-employed individuals can benefit from low rates and excellent mortgage options. They can also expect fast approval, even if they were previously declined. Mortgage options for self-employed individuals take into account their reduced taxable income due to claimed expenses. The Stated Income mortgage is especially useful for those whose qualifying income is impacted by expenses. Moreover, dividend and investment income can be accepted as long as stability and proof requirements are met. To apply for a mortgage, individuals need to provide 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. Fortunately, access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers, is available. There are also tailored options for Business For Self (BFS) borrowers. If interested, feel free to reach out and give me a call.