Are you self-employed, looking for a mortgage but don’t know where to start? There are many viable options for the independent mortgage applicants. Our team of experts will advise you on the steps to take and options available that are ideal for your needs.
Depending on your needs you and the lender’s requirements, you may need to:
- Offer a larger down payment of 20% or more. Bank regulations may become more flexible with a more substantial down payment
- Opt for private financing so as to be eligible for your desired mortgage. However, it is an expensive option
- You may need to provide a Stated Income. Consult with our Mortgage Broker about this
Contact us at Expert Financial Corp for any queries on mortgage application as a self-employed applicant.