Take your first step on the path to financial wellness.
Looking to find out what kind of mortgage you qualify for or how much you can realistically afford on the purchase of your new home? Fill in our easy application form and one of our agents will contact you to discuss the best mortgage option to put you on the path to financial wellness.
Chapter 9 – Financing for the Self Employed
If you are self-employed, chances are you have tried to get a loan of some kind and it has been tricky. With a number of opportunities to write your income down when you file income taxes and the natural cash ebb-and-flow that goes along with self-employment, you don’t always fit into the mortgage approval box.
The good news is that there are plenty of options outside of the box and working with a self-employed mortgage specialist means that you can be sure that we are exploring every single one of the options available to you.
Do you write your income down to reduce your income taxes? Lenders understand that you have write-offs that contribute to your income and there are niche mortgage products for you.
Did you recently leave a job to launch a new venture but don’t have 2+ years of self-employment financials to show what your earnings are projected to be? We have options.
Self employment is very common and with millions of self-employed individuals in Canada, lenders are happy to work with you.
Give us a call and speak to a self-employment specialist who will help you understand your options.