| Laura Burt |
| Professional Mortgage Planner |
Self Employed Mortgages
Until recently, it has been very difficult to obtain a mortgage if you are self-employed. With more and more Canadian’s becoming entrepreneurs, times have changed and new programs have been introduced to help meet the demand for self-employed financing.
In the past, the difficulty was proving adequate income to support a mortgage. Most people become business owners to take advantage of the tax savings. When having their financial documents prepared, they usually show as little income as possible. Here is where the problem lies with obtaining a mortgage.
One of the biggest changes that lenders have made is from income based lending to credit based lending. The higher the credit score, the lesser the income documents required for financing.
Depending on your specific situation, there are many options available such as:
Stated Income Mortgages
Alt-A Mortgages
Catered Self-Employed Mortgage Programs
Self Employed Mortgages are not the type of mortgage you want to walk into your bank to discuss. With so many options available, we will be able to consider your specific situation and take the best approach to achieve the highest degree of financing at extremely competitive rates relative to a regular mortgage. This is what we specialize in!
Contact Information |
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Calgary: |
403.681.9099 |
Toll Free: |
1.877.875.1946 |
Fax: |
403.457.1548 |
Email: |
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