While many Canadians take advantage of self-employment opportunities, those who are self-employed sometimes face roadblocks when they are in the market to obtain personal financing, such as a mortgage or vehicle loan.
Proving self-employment income and its stability for the future can be challenging for new business owners.
Many Canadians run successful small businesses and wouldn't trade their lifestyle for anything. However, they often begin to question their lifestyle and business choices when trying to secure financing for a home, a new credit card, or a vehicle. The nature of self-employment income can sometimes make self-employed individuals appear to have poor credit risks, even if they have a more stable income than those working a traditional 9 to 5 job.
Fortunately, Canadian mortgage lenders are increasingly recognizing the importance of self-employment in our culture and are offering excellent mortgage programs for self-employed individuals to finance their primary residences and even vacation homes.
I am an expert in helping self-employed individuals secure mortgages. They will ensure you get the best mortgage available from one of Canada’s largest lenders.
Obtaining a mortgage as a self-employed individual has never been easier. You’ll be pleased to discover that today’s mortgage products are designed to support both your business and personal life.