If you are a self-employed individual or business owner, you might be wondering what your options are for homeownership. Our team at Today's Mortgage Choice can help.

While it might be slightly more challenging to finance your new home or leverage the equity of your existing home, there are still a number of options available to you.

In general, proof of steady and reliable income is considered an important criterion in the mortgage qualification. Therefore, as a self-employed individual, you will need to prove your status as an ideal loan candidate.

To qualify for a mortgage as a self-employed person, you’ll need to provide your most recent Notice of Assessment. This will ensure proof of both income and taxes. You might be required to provide other documentation, depending on the lender.

Ready to start planning for a new home purchase in 2021? Give us a call 888-418-6979!