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If you are self-employed, you may find that getting a mortgage is more challenging. This is because those who are in business for themselves often have incomes that fluctuate so it can be difficult to prove to lenders what your annual income actually is. But at 1ONEFUND Financial we believe that being self-employed should not be a barrier to owning a home, which is why helping business owners is one of our specialties.
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Self Employed Mortgage Oshawa What is Self Employed Mortgage?
What is Self Employed Mortgage? • If you are self-employed, you may find that getting a mortgage is more challenging. • This is because those who are in business for themselves often have incomes that fluctuate so it can be difficult to prove to lenders what your annual income actually is. • But at 1ONEFUND Financial we believe that being self-employed should not be a barrier to owning a home, which is why helping business owners is one of our specialties.
Loans Through Traditional Lenders • Just because traditional lenders like banks and credit unions have stricter criteria, it does not necessarily preclude you from getting a mortgage with them. • The longer you have been in business making a good income, the more documentation you will be able to provide to help make your case. • If you have debt, your debt service ratio is also going to be an important deciding factor.
Contact Us • Address :50 Richmond Street E, Unit # 108, Oshawa, Ontario, L1G 7C7, Canada • Phone Number :1-833-201-FUND (3863) • Email :office@1onefund.ca • Website :https://1onefund.ca/