Self Employed Mortgage

About 20% people in Canada are self-employed and applying for finance is a bit of tough task for them. But with Genworth and CMHC initiative, self-employed consumers can now avail mortgage loan insurance options without income validation by third party.

Eligibility

  • Good credit history – Managing credit and finance credibly
  • Self-business proof
  • Financial statement of business
  • Declaration of annual business and annual income revenue
  • Proof that no taxes or due
  • Proof of no gifting of down payment

Mortgage Features

  • Purchase – 90% of the appraised value of home you are purchasing
  • Refinancing – 85% of the appraised value of home

Purpose

Self-employed can use mortgage for a number of purposes:

  • Buying a new home
  • Home renovation or improvement
  • Debt consolidation
  • Other financial needs

Custom-tailored solution

We proceed fundamentally with in-depth knowledge, navigating the best lenders for your specific requirement. With our access to multiple lenders, we provide the best solution for client with lowest rates possible.

Speedy and hassle-free to the client, our experts provide full consultation and ensure productive solution.