Self-employed individuals can benefit from low mortgage rates and a wide range of excellent mortgage options. Even if they have faced previous declines, they can still expect fast mortgage approval. These mortgage options take into account the reduced taxable income resulting from claimed expenses. Those with expenses impacting their qualifying income can benefit from the Stated Income mortgage. Dividend and investment income are also accepted, but stability and proof requirements need to be met. To apply for these mortgage options, individuals will need to provide 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. Additionally, individuals have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers accepting reasonable income estimates. There are even options tailored specifically for Business For Self (BFS) borrowers. For more information, please contact me.