Business-for-self Individuals

Navigating Homeownership as a Self-Employed Canadian Amidst the Pandemic In the wake of the global pandemic, self-employment has witnessed a significant surge among Canadians. While embracing the entrepreneurial spirit, self-employed individuals often encounter unique challenges when it comes to securing a mortgage. Recognized as “high risk” by mortgage brokers and lenders, self-employed individuals are required to furnish comprehensive paperwork to validate the credibility of their income stream and credit history in the pursuit of homeownership.

The landscape of employment has evolved, and many Canadians now find themselves as self-employed professionals, entrepreneurs, or freelancers. Despite the numerous benefits of being your own boss, securing a mortgage can be a nuanced process. Mortgage brokers and lenders categorize self-employed individuals as “high risk,” necessitating additional documentation to demonstrate the stability and reliability of their income sources.

At Lez Gomez, we specialize in assisting self-employed individuals in their homeownership journey. Our team understands the unique challenges you face and is dedicated to guiding you through the intricate process of securing a mortgage. We work closely with you to compile the necessary documentation, ensuring that your income stream and credit history are presented in the most favorable light to potential lenders.

Embark on the path to homeownership with confidence, even in the face of self-employment. Lez Gomez is here to support you, providing tailored solutions and expertise to navigate the evolving landscape of mortgage approval for self-employed Canadians.