SELF-EMPLOYED MORTGAGE TORONTO
Get approved for a mortgage as a self-employed even with a poor credit score. Apply for one today!
- Straightforward process
- Favorable interest rates and terms
- Professional team
- Personalized mortgage plans
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Why Choose Right Choice Mortgages?
1. Fair and transparent advice
Our mortgage professional can help you in choosing the right self-employed mortgage.
2. Hassle-free application process
All you need to do is fill in the application and submit some important documents, we will sort out the rest.
3. Securing the best deal for you
We will ensure that you get a mortgage plan that meets all your specific requirements.
4. Quick resolutions
Irrespective of the issue, we will sort it out as quickly and effectively as possible.
Trusted Self-Employed Mortgage Services
A self-employed mortgage is designed for individual who generate income from their own business rather than being a salaried employer. The difference is with a self-employed person, their income is inconsistent, while a salaried person gets a consistent paycheck month-on-month.
It is far from your conventional mortgage. It is a fantastic financial alternative for individuals who are sole proprietors. Additionally, if you’re incorporated, you must own the business or draw a salary or dividends to be considered self-employed.
For a person to be self-employed, they must have been the owner of the business for at least two years. Furthermore, the applicant will need to submit at least three years of tax returns, as well as their proof of income in addition to the mortgage application. After all the necessary documents have been submitted and information has been validated, you will be able to enjoy the same mortgage products, including rates and terms that traditional mortgage borrowers would enjoy.
If you need help securing a self-employed mortgage, do not hesitate to contact our team today. We will be more than happy to help out with any queries that you may have.
Why Should One Get A Self-Employed Mortgage?
- Affordable rates If you can provide proof of enough stated income, secure insurance through the CHMC mortgage program or save up for a down payment, you can get access to affordable interest rates.
- Save on taxes With a self-employed mortgage, you can save on your taxes, and at the same time qualify for competitive fixed and variable mortgage terms.
- Swift and hassle-free approval process With a conventional mortgage, you need to wait for weeks, sometimes even months to get your loan application approved. However, with a self-employed mortgage, you can get approved in no time.
- Able to qualify for a higher mortgage amount If the lender you work with accepts stated-income mortgages, you can potentially get approved for a higher amount than what you’d get from a conventional lender.
Let Us Help In Securing You A Self-Employed Mortgage
With a wealth of experience, we have built a sound relationship with different lenders across the nation that can provide competitive rates and terms for self-employed individuals looking to apply for a loan. Additionally, we also offer professional advice to help you make a well-informed decision.
Call the team at Right Choice Mortgages today to schedule an initial consultation.