While many Canadians embrace self-employment opportunities, self-employed individuals often encounter obstacles when seeking personal financing, such as mortgages or vehicle loans.
You have options, lets explore them!
Self Employed? You have Mortgage Options in Barrie, ON
Proving self-employment income and future income stability can be challenging for new business owners.
Many Canadians run successful small businesses and cherish the lifestyle it offers. However, they often question their choices when seeking financing for a home, a new credit card, or a vehicle. The nature of self-employment income can sometimes make self-employed individuals appear as poor credit risks, even if their income is more stable than that of traditional employees.
Fortunately, Canadian mortgage lenders are recognizing the significance of self-employment and are offering excellent mortgage programs for the self-employed to finance their primary residences and vacation homes.
Licensed mortgage professionals specialize in helping self-employed individuals secure mortgages, ensuring you get the best mortgage available from one of Canada’s largest lenders.
Obtaining a mortgage as a self-employed individual has never been easier, and today’s mortgage products are designed to support your success in both business and personal life.