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Self Employed Mortgage Options

Self employed mortgage options are the primary mortgage product designed specifically for clients who are self employed. More and more clients are leaving the 9-5 world and going into business for themselves. Traditionally this was a real problem when it came time to apply for credit or to purchase a new home as most business for self clients here in Canada don't show a lot of income on their tax returns. Luckily today many of our mortgage lenders have taken notice of this problem and have come up with a great solution, they just don't ask to see your income.

For the most part, our self employed mortgage options are priced with the same best mortgage rates in Canada that you see on our web site however some of our mortgage lenders do charge a small premium for these loans. Whatever your situation however, one of our Canadian mortgage brokers will find you the best rate mortgage and personalize it for you!

Generally, equity mortgages such as these were restricted to business for self however our Verico mortgage brokers do have access to some equity loans for salaried employees as well. They generally require more equity than our self employed mortgage options however they are a great mortgage product for those with difficultly proving income.

 

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Current
Mortgage Rates
Term   BEST RATES
Variable   2.05
1 Year   2.60
2 Year   3.10
3 Year   3.49
4 Year   3.89
Hybrid   2.87
5 Year   3.99
10 Year   5.49
Zero Down   5.79

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