We offer low rates and excellent mortgage options specifically tailored for self-employed individuals. We understand the unique financial situations that self-employed individuals face and have designed our mortgage options to meet their needs.

One of our main benefits is fast mortgage approval, even for those who have previously been declined by other lenders. We understand that being self-employed can sometimes lead to inconsistent income or additional challenges in proving income stability. However, we take into consideration the reduced taxable income that may result from claimed expenses, allowing for a more accurate assessment of qualifying income.

For self-employed individuals with significant expenses impacting their qualifying income, our Stated Income mortgage option can be especially useful. This option allows borrowers to state their income without the need for extensive documentation or proof. It is a great solution for self-employed individuals who have a substantial amount of claimed expenses.

We also accept dividend and investment income, as long as stability and proof requirements are met. This is an important feature for self-employed individuals who generate income from investments or dividends in addition to their business income.

When applying for a mortgage with us, 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. These documents help us assess your financial stability and ensure that you meet the eligibility criteria for our mortgage options.

We have access to a wide range of top Canadian lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. This allows us to offer you competitive rates and options, while still accepting reasonable income estimates for self-employed individuals.

If you are a self-employed borrower and are interested in our tailored mortgage options, please give us a call. We would be happy to discuss your specific needs and help you find the best mortgage solution for your self-employed situation.