Self-employed individuals can benefit from low mortgage rates and excellent options when it comes to obtaining a mortgage. Even those who have been previously declined can experience fast mortgage approval through these options. One advantage for self-employed individuals is that mortgage options take into consideration their reduced taxable income due to claimed expenses. Those with significant expenses impacting their qualifying income may find the Stated Income mortgage to be a useful solution. Dividend and investment income is also accepted, as long as stability and proof requirements are met. To apply for these mortgage options, required documents include 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. Access to top Canadian lenders, such as large banks, mortgage finance companies, credit unions, and alternative financers, is available for those seeking reasonable income estimates. There are also tailored options specifically designed for Business For Self (BFS) borrowers. For more information, feel free to give me a call.