Self-Employed Borrowers

With CMHC changing how self-employed people qualify for mortgages, there are now 3 options for qualifying for a mortgage when you work for yourself. 1. Have at least 10% down and use a lender who can qualify you without CMHC insurance (fees may apply). 2. Use your income as claimed on your Notice of Assessment. 3. Bypass CMHC and put over 20% down (usually 25%) allowing us to work with a lender who does not require CMHC insurance to qualify you. If you would like more information... Call me today!