We offer low rates and excellent mortgage options specifically designed for self-employed individuals. Our goal is to provide fast mortgage approval, even if you have been declined in the past. We understand that self-employed individuals often have reduced taxable income due to claimed expenses, and our mortgage options take this into consideration.

One option that may be useful for those with significant expenses impacting their qualifying income is the Stated Income mortgage. This allows you to state your income without providing extensive documentation, making it easier to qualify for a mortgage.

We also accept dividend and investment income, as long as there is stability and proof requirements. We want to ensure that you have a steady source of income that can be relied upon to make your mortgage payments.

In order to apply for a mortgage, you will need to provide several documents. These include 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. These documents help us verify your income and business ownership.

We have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. These lenders are willing to accept reasonable income estimates, making it easier for self-employed individuals to secure a mortgage.

Finally, we have options tailored specifically for Business For Self (BFS) borrowers. We understand the unique needs and challenges faced by self-employed individuals, and our mortgage options reflect that. If you are interested in learning more about our mortgage options for self-employed individuals, please give us a call. We would be happy to assist you in finding the right mortgage for your needs.