(SMB) Small to medium-sized businesses are the engine that grows the Canadian economy.
Being Self Employed can be a challenge when obtaining a Mortgage.
We pay our Accountants to minimize our tax Payble, which also means our Income may not be enough to finance a cup of coffee. However, we believe, you can have your cake and eat it to.
The Basic Requirments for the Self Employed if you income is sufficient to qualify for the Mortgage is 5% Down and good credit.
If you have a Great Accountant, then it is 10% Down.
We are here to help; afterall, we are Self Employed too! Give us a call today.
*Subject to approved credit, income verification and meeting lending credit granting criterea. Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice.