A lot of banks consider self-employed individuals a higher risk because their income isn't easily verified. And while there is heightened scrutiny on mortgage applications for small business owners, I’m happy to let you know that there are indeed many options still available to you regardless of the type of income you make.
When you apply for a mortgage as a self-employed individual, you will be asked for different types of income variation to support your application than a regular salaried employee would be asked for. This is one of the main differences in the application process.
The key to securing mortgage financing as a self-employed individual is to plan ahead. Just like you make business plans and have a strategy to grow your business, you need a mortgage plan to ensure you get the best terms when buying a property, refinancing, or renewing an existing mortgage.
We specialize in providing business owners with mortgage options. As business owners ourselves, we understand first hand what it takes to qualify for mortgage financing. We're in the same boat together. We'd love to work with you.
The best place to start is to connect with us directly. The mortgage process is personal. Our commitment is to listen to all your needs, assess your financial situation, and provide you with a clear plan moving forward.
Sorting through all the different mortgage lenders, rates, terms, and features can be overwhelming, especially if you're self-employed. Let's put together a plan to get you the best mortgage available.
When it comes time to arranging your mortgage, trust that our team will make it happen. We specialize in helping business owners secure mortgage financing. We've got you covered.
Let us outline your options and all the documentation required to secure the best mortgage for you.