Self Employed/Stated Income Mortgage
This mortgage applies to all business owners, commission sales people, contractors and consultants. You do not qualify on the income you declare, an average of your tax assessments or your pay stubs. You must be self employed for at least two years and have good credit. This is a great mortgage for the self employed person, with the lenders allowing you alternative documentation to qualify. You can finance up to 95% of your property value and start building home equity today! A No Income Qualifier allows people with otherwise good credit to qualify for a mortgage by taking the income considerations out of the equation.No Income Confirmation Mortgages - Special mortgages for the Self -EmployedYou can count on us to help you secure the home of your dreams even if you are self employed and you do not have all the traditional paperwork necessary to prove your self employed, contract or commissioned income. Our simplified process requires much less paperwork than ever before and let us bank on your perfect credit history to make it all happen with less stress and aggravation. You can now buy your home with self declared income with as little as 5% down for high ratio mortgages or 20% down for conventional financing. This program is available to everyone across Canada and you may use this program to either purchase a home or refinance your current one. For purchases this program is only available for Single family owner occupied properties.
If you are in Toronto and surrounding area, Mortgage Alliance can help - contact us now.Â
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