Self Employed? Get the Respect You Deserve with a Self Employed Mortgage
You work hard to grow your business, your accountant does a fabulous job of minimizing your net profit – but when it comes time to finance – how do you substantiate your income? There are some exciting new mortgage products that are specifically designed with the entrepreneur in mind.
Banks don't trust the self-employed!
You have worked hard to grow your business and are rewarded by minimizing your net income and maximizing your allowable tax deductions. But when it comes to financing, your bank penalizes you because you are unable to substantiate your income. Why is that?
| News Fact: Did you know that the self-employed represent 15.5% of all employment in Canada and that startups are growing at an unprecedented rate? -- Source – Statistics Canada, Labour Force Survey, April, 2006 |
The good news is that many lenders are taking a different look at the powerful buying force of the self-employed and creating innovative solutions for mortgage financing.
Key features and benefits
| Simpler application |
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| Easier approval process |
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| Variety of mortgages |
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I wanted to thank you again for your services. You certainly went out of your way to make this mortgage possible for me as a self-employed woman that had not yet been in business for three years. Your very professional and empathetic advice was appreciated and made me feel like you really understood what the difficulties were in obtaining my goal, in ways that the bank never could. I am counting myself lucky to know you and I’m looking forward to recommending you to anyone who is in need of a mortgage broker. |
• Good credit history – “What does your credit score mean”
• Notice of Assessment from Canada Revenue Agency to confirm no income tax arrears
• The market value of your home
• Your “loan to value” (mortgage amount ÷ home value x 100)
• Where the down payment will come from
Get the respect you deserve and a mortgage loan that meets your needs!
