Self-employed individuals can now benefit from low rates and excellent mortgage options. They can enjoy fast mortgage approval, even if they have been declined in the past. The self-employed mortgage options take into consideration the reduced taxable income resulting from claimed expenses. Those with expenses that affect their qualifying income can benefit from the Stated Income mortgage. This option is especially useful for individuals who have dividend and investment income, as long as they can provide stability and proof requirements. To apply for these mortgages, individuals need to have certain documents ready, such as the Notice of Assessment, T1 Tax Statement, proof of ownership in the business, contracts or financial statements, and a copy of the Article of Incorporation or business license. Access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, is also available for those who estimate their income reasonably. There are also options tailored specifically for Business For Self (BFS) borrowers. Feel free to reach out for more information!