Individuals who are self-employed often find it difficult to arrange mortgaging that is competitively priced, or are unable to secure a traditional mortgage at all.
Most lending institutions require that self-employed individuals use their tax assessments to qualify for a mortgage. Many of our lending institutions understand your frustration and will allow a down payment of 5% even if your taxable income is low. Some of our lenders also provide a refinance of up to 90% of its value with little income verification required.
Lower earnings? – No problem
We work hard to offer mortgage insurance options for self-employed borrowers who show smaller amounts of taxable income.