Self-employed individuals can benefit from low rates and excellent mortgage options. Even if they have been previously declined, they can still get fast mortgage approval. These mortgage options take into consideration the reduced taxable income resulting from claimed expenses. The Stated Income mortgage is particularly useful for those who have expenses that affect qualifying income. Dividend and investment income are accepted, provided stability and proof requirements are met. To apply for these mortgage options, individuals need to submit required documents 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 Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers is available, all of which accept reasonable income estimates. Tailored options specifically for Business For Self (BFS) borrowers are also available. For further information or to discuss these options, please reach out for a call.