If you are self-employed and looking for a mortgage, you're in luck. We offer low rates and excellent mortgage options specifically tailored for self-employed individuals. Our goal is to make the mortgage process as fast and efficient as possible, and we understand the unique challenges that self-employed individuals face when it comes to getting approved for a mortgage.

Even if you have been declined for a mortgage in the past, don't worry. We specialize in providing fast mortgage approvals for self-employed individuals, even if you have experienced previous declines. We understand that your financial situation may have changed, and we are here to help you secure the mortgage you need.

One of the key advantages of our self-employed mortgage options is that we consider your reduced taxable income from claimed expenses. This is particularly beneficial for individuals who have significant expenses that impact their qualifying income. Our Stated Income mortgage option is designed specifically for those who have expenses that affect their qualifying income, allowing us to take those into account when determining your eligibility for a mortgage.

We also accept dividend and investment income, as long as there is stability and proof of that income. We understand that self-employed individuals may have income from various sources, and we take that into consideration when assessing your mortgage application.

When applying for a mortgage as a self-employed individual, there are certain documents that you will need to provide. These include the Notice of Assessment, T1 Tax Statement, proof of principal ownership in your business, contracts or financial statements, and a copy of the Article of Incorporation or business license. These documents are important for us to understand your financial situation and assess your eligibility for a mortgage.

We have access to a wide range of top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. This allows us to provide you with multiple options and find the best mortgage solution for your unique needs. We understand that every self-employed individual is different, and we work with you to find a mortgage option that suits your specific circumstances.

If you are a self-employed individual looking for a mortgage, give us a call. We have options tailored specifically for Business For Self (BFS) borrowers, and our team of experts is here to guide you through the mortgage process and help you secure the financing you need.