Self-employed individuals can benefit from low rates and excellent mortgage options that are specifically designed for them. These mortgage options offer fast approval, even for those who may have been declined in the past. One advantage of these self-employed mortgage options is that they take into consideration the reduced taxable income resulting from claimed expenses. For individuals with expenses that impact their qualifying income, a Stated Income mortgage can be particularly useful. Additionally, dividend and investment income can be accepted as stable sources of income, provided there is sufficient proof. To apply for these mortgage options, the required documents include the Notice of Assessment, T1 Tax Statement, proof of principal ownership in the business, contracts or financial statements, and either a copy of the Article of Incorporation or the business license. These mortgage options are offered by top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers, who are willing to accept reasonable income estimates. There are also options tailored specifically for Business For Self (BFS) borrowers. For more information and assistance, please feel free to give me a call.