I WOULD LIKE TO:
Self Employed Mortgage Options
In today’s lending environment mortgage qualification requires much more due diligence than just a few years back. As a self-employed borrower you will be required to provide a lot of documentation to prove you receive consistent income. If you have more equity in a property you may have alternative options to providing documentation but be prepared as you may be subject to higher interest rates to access these mortgage programs. To be frank the Government imposed many new rules over the past several years that have forced self- employed borrowers into either claiming more income to qualify for the mortgage they would like, putting more money down on purchases or paying a higher mortgage insurance premium. Contact Kathleen Dediluke to discuss your self-employed mortgage options.
I WOULD LIKE TO:
Licensed Sub Mortgage Broker with Dominion Lending Centres
Integrity Mortgage BC, © Copyright, Dominion Lending Centres Inc.
Each Office Independently Owned and Operated
Self Employed Mortgage Options
In today’s lending environment mortgage qualification requires much more due diligence than just a few years back. As a self-employed borrower you will be required to provide a lot of documentation to prove you receive consistent income. If you have more equity in a property you may have alternative options to providing documentation but be prepared as you may be subject to higher interest rates to access these mortgage programs. To be frank the Government imposed many new rules over the past several years that have forced self- employed borrowers into either claiming more income to qualify for the mortgage they would like, putting more money down on purchases or paying a higher mortgage insurance premium. Contact Kathleen Dediluke to discuss your self-employed mortgage options.
