4030 Sheppard Ave. East, Toronto, ON M1S 1S6

Phone: 416-291-3033  Fax: 416-291-0874
Mortgage Information  
Self Employed

Self-Employed?  Credit Issues?  Unique Income Situation?

Financing Considerations for Non-Traditional Borrowers or Situations


Below we have provided a list of the most common non-traditional situations, however; please note, that not all situations are listed and each is looked at on a case-by-case basis to see where it fits with an appropriate Lender. Each Borrower situation is unique and we look at them all accordingly. 

Self Employed


Employment - Self-employed
- Recent job start/change
- Work experience outside Canada
- Lack of work history
- Part-time
Income - Non-verifiable
- Salary + commission
- Seasonal

- Commission
- Salary OT and/or bonus

Credit - Spotty/bad credit
- No credit

- Good, but a lot of credit
- Previously bankrupt

Property - Rental
- Construction
- Cottages/vacation homes
- Multiplex

- Investment
- Rural/acreage
- Mobile homes

- Commercial

Status - Non-resident - New immigrant
Financial - Zero-down - Purchase plus improvement


If you're looking for more information on financing please complete the form below.

 

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Better Than  Your Bank's   Mortgage Rates
6-month Convertible 4.60%
1 year 2.65%
2 year 2.95%
3 year 3.75%
4 year 3.99%
5 year 4.19%
7 year 5.25%
10 year 5.35%
   
1 year open 4.99%
5 Yr. Variable 1.85%



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