Mortgages for Self-Employed Canadians
The fact is that it is becoming increasingly difficult for self employed individuals to obtain financing for properties. This is mostly due to the fact that most self employed clients write off business expenses in order to reduce their tax liability. Although this helps to save on personal taxes when it comes to mortgages they run into difficulties.
The good news is if you are a self employed individual for a minimum of 2 years and can prove this and have good credit, then there are options for you.
Whether purchasing, refinancing or transferring your mortgage there are options available for self employed individuals regardless of how much income was declared. With good credit and with down payments as low as 10% we have helped self employed individuals qualify for mortgages.
Call us today at 416 878 2864 for a free no obligation consultation.