Today, more and more Canadians are opting to work for themselves or go on contract with their existing companies, rather than receive a salary. There are certainly some advantages to being business-for-self, perhaps the greatest being the ability to write-off many personal expenses and ultimately pay less income tax. The downside to this is showing less income on your tax return and as a result, qualifying for less or not qualifying at all.

It can often be difficult to get a mortgage through the chartered banks as they typically will not “read between the lines” or evaluate Self-Employed individuals with a common sense approach. This does not have to be the case!

Fortunately, there are options for you and we offer loan programs specifically for the Self Employed. Approvals are based on factors such as good credit, length of time in business, as well as the property type and location, rather than the business financials or tax returns alone.

At Indi, we pride ourselves in being experts when it comes to arranging self employed or business-for-self mortgages. If you are Self Employed, we have a mortgage for you!