Self-employed individuals can benefit from low rates and excellent mortgage options. These options include fast approval, even for those who have been declined in the past. Additionally, self-employed mortgage options take into account reduced taxable income due to claimed expenses. The Stated Income mortgage is particularly helpful for individuals with expenses that impact their qualifying income. Dividend and investment income is also accepted, with stability and proof requirements. In order to apply, applicants must provide various documents such as the Notice of Assessment, T1 Tax Statement, proof of business ownership, contracts or financial statements, and a copy of the Article of Incorporation or business license. Access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers is available, with these lenders accepting reasonable income estimates. There are tailored options specifically designed for Business For Self (BFS) borrowers. For further information or assistance, please feel free to give us a call.