Self-employed individuals can benefit from low rates and excellent mortgage options, which take into account their reduced taxable income from claimed expenses. Even if an application has been previously declined, fast mortgage approval is still possible. Those whose qualifying income is impacted by expenses may find the Stated Income mortgage useful. Dividend and investment income are also accepted, provided stability and proof requirements are met. The required documents include the Notice of Assessment, T1 Tax Statement, proof of principal ownership in the business, contracts or financial statements, and copy of the Article of Incorporation or business license. With access to top Canadian lenders, including large banks, mortgage finance companies, credit unions and alternative financiers, reasonable income estimates are accepted. Options tailored specifically for Business For Self (BFS) borrowers are also available. For further information, get in touch today!