UBU Financial knows that self-employed Canadians find it difficult to arrange competitively-priced mortgage financing for their homes. UBU can qualify borrowers with self-employment income based on their Corporate Financials as proof of income, no longer requiring income verification from a ""salaried"" job. We have streamlined the approval process specifically to meet the unique needs of entrepreneurs and reduced the amount of paperwork many self-employed borrowers are required to produce. Many of the programs available offer the same rates and terms as would be expected by typical “employed” persons with no additional fees, terms or increase in rate.
We work with lenders that offer excellent mortgage options for self-employed Canadians. These lenders understand that self-employed individuals have tax write-offs creating significant reductions in their declared income.
We have lenders that understand complex situations where income may be derived from multiple or foreign sources. In some circumstances, stated income and/or declared income financing is available with no verification of income required. With these mortgage lenders, you will not be required to prove your income and a reasonable estimate of your annual income will be acceptable.
For self-employed borrowers, it's now easier to get mortgage-approved than before. And, with mortgage rates low, it's an excellent time to review your current financial needs and benefit from a range of mortgage products and less paperwork.