Self Employed

Self-employed individuals can benefit from low mortgage rates and a wide range of excellent mortgage options. What sets these options apart is the fast approval process, even for those who have previously been declined. Furthermore, self-employed mortgage options take into account the reduced taxable income resulting from claimed expenses. For individuals with expenses that affect their qualifying income, a Stated Income mortgage can be extremely useful. Additionally, dividend and investment income are also considered as long as they are stable and there is sufficient proof. To apply for these mortgage options, applicants are typically required to submit various documents including 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 the country's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers who accept reasonable income estimates, is guaranteed. There are also tailored options available for Business For Self (BFS) borrowers. Don't hesitate to reach out for more information.

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