Self-Employed Mortgages

How self-employed mortgages work

Turn your dream of homeownership into reality, regardless of your income or financial situation.

First Time Home Buyer Mortgages

Achieving the dream of homeownership

Enjoy a smooth and stress-free home-buying journey as we handle every detail from start to finish.

Simplify your journey to homeownership with tailored options

Our network of 50+ specialized lenders helps self-employed professionals secure mortgages with flexible terms and competitive rates regardless of their declared income.

Why choose us to ensure your mortgage success?

We accept diverse income documentation, including bank statements, contracts, and profit-loss statements, accommodating the unique financial situations of business owners.

We have access to a myriad of alternative lenders who understand entrepreneurial finances and offer tailored mortgage solutions beyond traditional banking criteria.

Our network of specialized lenders offers self-employed professionals competitive rates that often match or beat traditional employment mortgages. With expert negotiation and proper documentation, business owners can secure favorable terms despite non-traditional income structures.

Maximize your mortgage eligibility through strategic use of business tax deductions and write-offs. Our brokers help structure your financials to demonstrate optimal qualifying income while preserving valuable tax benefits.

Get self-employed mortgage solutions with flexible repayment terms, interest-only periods, and payment schedules aligned with your business income patterns.

Unlock your home buying potential

Tailored mortgage solutions for self-employed Canadians.

Benefits of self-employed mortgages

Ability to leverage business assets

Potential for higher loan amounts

mortgage

Support from expert brokers

Less stringent employment history requirements

Opportunity for refinancing

Potential for higher loan amounts

Melanie's journey to homeownership

Melanie, a dedicated baker and owner of a small Toronto bakery, always dreamed of owning her own home. As a self-employed individual, however, she faced unique challenges—her fluctuating income and the extensive documentation traditional lenders demanded initially stood in her way.

Undeterred, Melanie turned to us for assistance. As specialists in self-employed mortgages, we guided her through each step of the process. Together, we compiled her financial records—bank statements, profit-and-loss statements, and more—to demonstrate the stability and success of her business.

Armed with an organized application and a clear financial picture, Melanie confidently submitted her mortgage paperwork. Before long, she received the news she had hoped for: her mortgage was approved!

On closing day, Melanie held the keys to her charming new condo, feeling proud and accomplished. We were honored to play a role in her journey, helping her navigate the intricacies of self-employed mortgages and secure the home she had long envisioned. Melanie’s story is proof that with expert guidance and tenacity, self-employed individuals can indeed turn their homeownership dreams into reality.

Renew mortgage

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After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!

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Buy a new home

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After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!

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Refinance Mortgage

Call Us Now 416-897-3257

After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!

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Turning your home's value into a solution

Benefits for self-employed borrowers

Ready to start your homeownership journey?

Book your free consultation our Toronto-based mortgage experts will create a personalized plan to secure your ideal home financing.

Learn about self-employed mortgages

Self-employed Mortgage FAQS

What is a self-employed mortgage?

A self-employed mortgage is a type of home loan specifically designed for individuals who are self-employed, including freelancers, business owners, and contractors. Unlike traditional mortgages, which typically require proof of steady employment and consistent income, self-employed mortgages often consider alternative documentation, such as bank statements and profit-and-loss statements.

When applying for a self-employed mortgage, you may need to provide:

  • Personal and business tax returns for the last two years
  • Profit-and-loss statements or a statement of income
  • Bank statements (personal and business)
  • Business registration documents
  • A detailed account of your business structure and nature of operations

Self-employed mortgages help Canadians buy a home with a solid down payment, stated income, or CMHC-insured financing.

A buyer earning $70,000 annually with a $21,000 down payment could qualify for a home worth up to $320,571, assuming a 25-year amortization.

Yes, you can qualify for a self-employed mortgage even if your income fluctuates. Lenders may consider your overall financial health, including your business performance over time, savings, and assets. Providing thorough documentation and demonstrating a solid business track record can significantly improve your chances of approval.

Apply Now

After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!

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After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!

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You will benefit from the expertise of a Fortune Funding Mortgage Advisor, whether over the phone or at a time and place that is convenient for you.

We will contact you within 1 business day.

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Renewal

After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!

Get pre-qualified renewing page

You will benefit from the expertise of a Fortune Funding Mortgage Advisor, whether over the phone or at a time and place that is convenient for you.

We will contact you within 1 business day.

You must have reached the age of majority in order to complete this request. By applying, you consent to the collection, use and sharing of your personal information as described in Fortune Funding's Privacy Policy.


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Refinance

After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!

Get pre-qualified refinance page

You will benefit from the expertise of a Fortune Funding Mortgage Advisor, whether over the phone or at a time and place that is convenient for you.

We will contact you within 1 business day.

You must have reached the age of majority in order to complete this request. By applying, you consent to the collection, use and sharing of your personal information as described in Fortune Funding's Privacy Policy.


All fields are mandatory unless stated (optional).

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