HOW CAN A SELF-EMPLOYED PERSON BECOME A HOME OWNER ?
You're Self-Employed and want to buy a property? ... it is possible!
To help you realize your dream of owning your property, some mortgage insurance options are available to you with the confirmation or not your income by a third party! Self-employed with documents confirming their income have access to all products for mortgage insurance for properties with one to four units, offered by CMHC and are subject to the same eligibility criteria and the same premiums that that borrowers employees. Self-employed (which operate for less than 3 years) that can not confirm their usual ways of income can get a loan insured by CMHC purchase with a minimum downpayment of 10% for the purchase of a building 1 or 2 units, one of which is occupied by the owner. Our agency Sutton-Clodem has partnered with several financial institutions, including 4 major institutions who own an office within our building. Our mortgage broker partners can even visit you (home or work), at your convenience, 7 days/week and process your request within 24 to 48 hours. You'll be offered among the best rates and conditions on the market. So you can enjoy free professional services and advice customized to your financial profile.