Self-Employed Mortgage Solutions
You built your business from scratch. We know how to get you approved for the mortgage you deserve — even when the banks say no.
The Challenge
Why Banks Reject Self-Employed Borrowers
Most banks only look at your net income on your tax return. As a self-employed borrower in BC, your write-offs work against you when applying for a mortgage.
Tax Write-Offs Reduce Income
Your accountant helps you minimize taxes, but banks see lower reported income. A $200K gross revenue business might show only $60K net income on your T1 General.
Complex Income Documentation
Self-employed income from sole proprietorships, partnerships, or corporations requires specialized underwriting that most bank branch staff cannot handle.
Standard Ratios Fail You
Banks use GDS/TDS ratios based on reported income. Self-employed borrowers in Vancouver and Richmond often have strong cash flow but low taxable income.
Our Programs
Self-Employed Mortgage Programs in BC
We work with 30+ lenders who understand self-employed income. Here are the specialized programs available to business owners in British Columbia.
Stated Income Program
Declare your true income based on what your business actually earns, not what your tax return shows. Available for borrowers with 2+ years of self-employment history and strong credit. Requires reasonable income declaration relative to your industry.
Bank Statement Program
Use 12-24 months of business bank statements to prove your actual cash flow. Lenders calculate qualifying income from your deposits. Ideal for self-employed borrowers in Vancouver who have strong business revenue but heavy tax deductions.
Add-Back Program
Your accountant adds back legitimate business expenses like depreciation, vehicle costs, and home office deductions to your net income. This increases your qualifying income significantly while still using your actual tax returns.
Gross Revenue Qualifying
Some lenders will qualify you based on a percentage of your gross business revenue rather than net income. This is ideal for self-employed mortgage applicants in Richmond and Surrey with high-revenue businesses and significant write-offs.
Requirements
What You Need to Qualify
Every self-employed mortgage application is unique. Here are the general requirements most lenders look for when qualifying self-employed borrowers in BC.
Down Payment Requirements
With strong credit and reasonable income declaration
Alternative lender with flexible documentation
Best rates available with full documentation
For high-revenue businesses with heavy write-offs
Self-Employed? Let's Get You Approved.
Free consultation for self-employed mortgage borrowers in BC. We know which lenders will say yes to your application.