Self-Employed? No Problem

Small and medium-sized businesses are the engine of the Canadian economy.
 
Entrepreneurship should be rewarded! But when it comes to mortgages, it hasn't always paid to be self-employed - because reducing your taxable income can make it difficult to qualify for the mortgage you deserve.

We recognize that self-employed individuals usually face more problems when applying for mortgage
financing. This is why Toronto mortgage brokers can help.  Approval is usually based on your self-declared income, good equity and excellent credit history.

Most lending institutions use your tax assessment to qualify for a mortgage. Most people in business write off expenses before declaring their income. That's the advantage of being in business for yourself. You pay income tax on a lesser amount but when you need to prove income for a mortgage approval, your tax return makes it look like you have low income, making it hard to qualify for the mortgage you deserve.We have access to over 100 lending institutions, some of which that understand your situation. You can mortgage a property today for up to 90% of its appraised value with little or no income verification needed. The lender will base their approval on your good credit history instead of your net income.

We have access to a wide range of innovative mortgage options for self-employed Canadians. We can find something that is right for you.

What's Next ?

Apply for a Mortgage
Ready to talk to a mortgage professional?
View our wide range of Mortgage Products