We offer low rates and excellent mortgage options specifically designed for self-employed individuals. Whether you are a freelancer, contractor, business owner, or any other type of self-employed professional, we understand the unique challenges you face when it comes to getting a mortgage. That's why we provide fast mortgage approval, even if you have been previously declined by other lenders.

One of the key advantages of our self-employed mortgage options is that they take into account the reduced taxable income that often results from claiming business expenses. We understand that many self-employed individuals have legitimate expenses that can significantly impact their qualifying income. Therefore, our mortgage options, such as the Stated Income mortgage, are specifically designed to address this issue. With a Stated Income mortgage, you can provide reasonable estimates of your income, taking into account your claimed expenses, rather than relying solely on your taxable income.

We also accept dividend and investment income as a source of qualifying income. However, we require stability and proof of this income, ensuring that it is a reliable and ongoing source of funds. This allows us to provide self-employed individuals with more flexible options when it comes to proving their income for mortgage purposes.

To apply for a self-employed mortgage, there are several documents that you will need to provide. These include your 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. By providing these documents, we can ensure that your application is processed smoothly and efficiently.

The best part is that we have access to a wide range of Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. This means that we can find the best mortgage options for you, tailored specifically to your needs as a self-employed individual. Regardless of your income estimates or business ownership structure, we have the expertise and resources to help you secure the right mortgage.

If you are a self-employed individual looking for mortgage options tailored to your unique circumstances, give us a call. We are here to provide you with the guidance and support you need to navigate the mortgage process successfully. Let us help you achieve your homeownership goals!