Self Employed

Are you Self Employed? If so, Homeguard can help you get the best mortgage rate possible. According to Statistics Canada, nearly 40% of people in Ontario are self employed. For those who may not operate a traditional business, or are starting your own company, or whose true income is difficult to document, it may be frustrating to obtain mortgage financing. Most lenders require self employed individuals to prove stated income for the past 3 years.

Homeguard offers our Self Employed Client’s the “No Income” verification mortgage.  This is designed for clients who cannot verify income, with traditional documentation such as pay stubs, T4’s, or Personal Notices of Assessment tax statements. This type of product requires little to no documentation. This is the best option for individuals who are self employed, paid by commissions, receive contract income, or would rather not have the hassles of verifying income. Qualifying for this type of mortgage is usually based on credit rating of the applicant.

Apply now for Self Employed Mortgage!