Self Employed Mortgage Solutions

Many Canadians have successful small businesses, and would not trade the lifestyle for anything in the world. However, many begin to question their business choices when first attempting to finance their home.

self employment

The Sunlite Self Employed Mortgage is specifically suited for self-employed individuals, whose business is generating enough income, which allows them to qualify for a mortgage.

This mortgage product is available today for those who are self-employed or business owners. Which can significantly help you succeed in your business and personal life.

Requirements Include:

  • Ownership of a business, which includes: sole proprietorship, partnership or corporation
  • A minimum two years in the same business
  • Annual income, as well as business revenue
  • No previous bankruptcy

To Qualify for a Mortgage Faster you can Consider:

  • Offering a large down payment up front. As a result demonstrates less of a risk to the lender
  • History of a high credit score, which will help to qualify for lower interest rate
  • Having an emergency fund, or cash reserves that guarantee monthly payments
  • Fewer monthly debt payments

Other Document Requirements:

To support your application, its is essential to bring your Business Licence, and the most recent Notice of Assessment. In addition, we may require extra documentation from the structure of your application.

Our Sunlite Mortgage agents will walk you through the choices available and help you identify the most suitable mortgage product to your current situation; all while looking at your short and medium term goals. Call a Sunlite Mortgage agent today at 1.877.38LOANS and we will be happy to help you with a mortgage.

Apply Today, Approved Today 3 Simple Steps

    • 1. Apply Online or call 1-877-38LOANS
    • 2. Get Pre-Approval as easy as 1-2-3
    • 3. Get Pre-Approved, Start Home Shopping.

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