Self-employed individuals often struggle to find low-rate mortgage options that are suitable for their unique financial circumstances. However, we are proud to offer excellent mortgage options designed specifically for self-employed individuals. Our goal is to provide fast mortgage approval, even for those who have been declined in the past.

One of the main benefits of our self-employed mortgage options is that we consider the reduced taxable income resulting from claimed expenses. Many self-employed individuals have significant expenses related to their business, which often lower their taxable income. Our mortgage options take this into account, allowing self-employed individuals to qualify for a mortgage based on their actual income, rather than their taxable income.

For those with expenses that have a significant impact on their qualifying income, we offer a Stated Income mortgage. This mortgage option is particularly useful for self-employed individuals who have valid reasons for their expenses and can provide proof of their income stability.

When applying for a mortgage as a self-employed individual, there are several required documents that you will need to provide. 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.

One of the key advantages of working with us is that we have access to top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. These lenders are open to accepting reasonable income estimates, making it easier for self-employed individuals to secure a mortgage that fits their needs.

We also offer options tailored specifically for Business For Self (BFS) borrowers. If you are self-employed and in need of a mortgage, we encourage you to give us a call. Our experienced team is dedicated to helping self-employed individuals find the best mortgage options available to them.