× Announcement: In keeping with the government's direction on essential services, MonsterMortgage.ca is open to help you with all your mortgage questions during these unprecedented times. The health, safety, and happiness of our staff, agents and customers remain our priority. Consistent with the protocols for social distancing, we will address all your needs through the phone or online. Our business has always been set up to work remotely so rest assured that your personal and financial information is secure. Feel free to contact us anytime at 416-480-0234 or at info@monstermortgage.ca.
MonsterMortage.ca logo with 'Live a Monster Life'
LETS CHAT X

Self-Employed? Learn the facts your bank won’t tell you about your mortgage! | Hot Property Online

February 25, 2019

 

As the rules and regulations around mortgages continue to quickly change, self-employed Canadians have seen their mortgage qualification tied to their reported income. Often times, due to deductions, the income that self-employed Canadians show on their taxes does not match up to the reality of their earnings – creating a disconnect between what they qualify for when it comes to their mortgage and the amount they could actually afford. It has become more difficult now than in past years to get a mortgage if you’re self-employed. Watch this episode of hot property online to find out how to beat the banks when it comes to your self-employed mortgage! Call us at 416-480-0234 and let us walk you through your own scenario. In the meantime, enjoy the show!

BACK TO BLOG FEED