Self-Employed Mortgage Renewal Options in Ontario

Renewing a mortgage as a self-employed homeowner can present unique challenges, especially when it comes to proving income. Unlike salaried employees, self-employed individuals often have fluctuating income, which can make lenders hesitant. But don’t worry—there are options designed specifically for self-employed borrowers to make the renewal process smoother.

Alternative lenders may be more flexible in assessing your financial situation, and there are even specific mortgage products for self-employed Canadians that consider different forms of documentation, like bank statements or invoices, rather than traditional tax returns. I can help you identify the right lenders who understand your unique circumstances.

If you’re self-employed and concerned about your renewal options, I’m here to help. With the right approach, you can secure a renewal that fits your income and gives you peace of mind.

Alternatively, if you are self-employed looking to purchase, you’ve come to the right place. We have helped many entrepreneurs buy their first piece of real estate- it’s a lot easier than you think!

Contact us for your free assessment.

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Variable vs. Fixed Mortgage Renewal: What’s Right for You?