Self Employed

Self-employed individuals can benefit from low rates and excellent mortgage options when seeking financing. They can also expect fast approval, even if they have been declined previously. These mortgage options take into consideration the reduced taxable income resulting from claimed expenses, making them ideal for those with expenses affecting their qualifying income. Moreover, dividend and investment income is accepted, provided there is stability and proof. When applying for these mortgages, certain documents are required, 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 lenders in Canada, including large banks and alternative financers, ensures that borrowers can select from a range of reasonable income estimates. For tailored options designed for Business For Self borrowers, simply reach out for more information.

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