Self Employed Borrowers

Entrepreneurship should be rewarded, but when it comes to mortgages, it hasn’t always paid to be self-employed.


Although over 20% of Canadians are self-employed, qualifying for a self-employed mortgage is more difficult because reducing your taxable income can make it difficult to qualify for the mortgage you deserve.

If you are wondering how to improve your chances of qualifying for the mortgage, providing complete and current financial documents and notice of assessment from Canada Revenue Agency and financial statements from the past two years is essential. At North Power, we have access to many lenders and can offer a wide range of innovative mortgage options for self-employed borrowers.

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