Self-Employed Mortgages

Mortgage options for self-employed borrowers who can explain and prove capacity to repay without traditional GDS/TDS requirements.

Stats Canada has recently announced a huge increase in small business in Canada. Starting your own company can be an exciting and rewarding endeavor. Like most of us paying less tax is something we all think about, we work hard and want to hold on to the money we make. Most small business owners pay most of their personal tax through their companies. This is a great way to pay LESS TAX!

If you are self employed you may already have experienced the frustration of obtaining mortgage financing. Most lending institutions require that self employed individuals use their tax assessments to qualify for a mortgage. Well if your accountant has done his job your net income is probably much lower than your gross income making it next to impossible to qualify.


What is it?

A purchase loan designed for those who are self employed or a business owner. Instead of T4’s our lenders look at your credit history and 3 year’s financial statements, notice of assessments and/or tax returns… or combination of. Without having to fit into traditional GDS/TDS guidelines, self employed borrowers have a better option when purchasing a mortgage.


Who is it for?

For business owners or self employed individuals who are able to present financial history by either 3 years notice of assessments, tax returns and/or financial statements.


What is the Solution?

We have lending institutions that understand your situation. You can mortgage a property today for up 90% of its value with little or no income verification required.


We are here to help you secure the best possible self-employed mortgage loan. As a mortgage broker, it is my job to get you the loan on the best terms and for lowest payments possible. Contact me today or call at 416-402-7264 for a free consultation!

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