Self-employed individuals can benefit from low rates and excellent mortgage options. Even if they have previously been declined, they can still obtain fast mortgage approval. These mortgage options take into consideration the reduced taxable income from claimed expenses. The Stated Income mortgage is particularly useful for those with expenses that impact their qualifying income. Furthermore, dividend and investment income can be accepted, provided there is stability and proof of this income. To apply for these mortgage options, applicants 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 copy of the Article of Incorporation or business license. Additionally, individuals have access to a range of top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers who are willing to accept reasonable income estimates. Take advantage of tailored options for Business For Self (BFS) borrowers by giving us a call!