Self-Employed Mortgages

Self Employed Mortgages

According to Statistics Canada, there has been a huge increase in small business owners through out the country. For those who starting your own company, it may be frustrating obtaining mortgage financing, especially if the nature of your business makes it difficult to prove your income. Most lenders require self employed individuals to

Stats Canada has recently announced a huge increase in small business in this country. Starting your own company can be an exciting and rewarding endeavor. Like most of us paying less tax is something we all think about, we work hard and want to hold on to the money we make. Most small business owners pay most of their personal tax through their companies. This is a great way to pay LESS TAX!

If you are self employed you may already have experienced the frustration of obtaining mortgage financing. Most lending institutions require that self employed individuals use their tax assessments to qualify for a mortgage. Well if your accountant has done his job your net income is probably much lower than your gross income making it next to impossible to qualify.

The Butler Mortgage Team has the solution:

We have lending institutions that understand your situation. You can mortgage a property today for up 90% of its value with little or no income verification required. 

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