If you are self-employed and in need of a mortgage, we have great news for you. We offer low rates and excellent mortgage options specifically designed for individuals like yourself. Whether you have been previously declined for a mortgage or need fast approval, we can help.

One of the main benefits of our self-employed mortgage options is that we consider your reduced taxable income due to claimed expenses. We understand that as a self-employed individual, you may have various expenses that can impact your qualifying income. Our options, such as Stated Income mortgage, are ideal for individuals in this situation.

We also understand that self-employed individuals may have additional sources of income, such as dividends or investments. We accept these types of income as long as they can be proven and show stability. We have specific requirements in place to ensure that these income sources are legitimate.

To apply for our self-employed mortgage options, you will need to provide certain documents. These include the Notice of Assessment, T1 Tax Statement, proof of principal ownership in your business, contracts or financial statements, and a copy of the Article of Incorporation or business license. These documents help us assess your financial situation and determine the best mortgage options for you.

Rest assured that we have access to the 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 borrowers to secure a mortgage.

If you are a self-employed individual looking for a mortgage, we are here to help. Give us a call today and let us tailor the best mortgage options for your specific needs as a Business For Self (BFS) borrower.