Self-employed individuals can benefit from low mortgage rates and excellent options tailored specifically for them. They can also expect fast approval, even if they have been declined in the past. These mortgage options take into consideration the reduced taxable income that comes from claimed expenses. Those with expenses that impact their qualifying income can find the Stated Income mortgage particularly helpful. Even dividend and investment income can be accepted as long as stability and proof requirements are met. To apply, individuals will need to provide various 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. Access to top Canadian lenders is available, including large banks, mortgage finance companies, credit unions, and alternative financers that will accept reasonable income estimates. For self-employed individuals looking for mortgage options tailored specifically for them, it is recommended to give our team a call.