Stated Income Mortgage (15% down)
This is a great product designed for clients with strong credit who may not be able to prove their income in the traditional manner. This mortgage is best suited for self-employed individuals, consultants, contractors and commissioned sale people. Borrowers must demonstrate a minimum of two years of self-employment history by supplying at least two forms of written, third party documentation such as a business credit report, business license, GST returns or articles of incorporation.
The Mortgage rates are typically bank posted plus. Lender fees typically apply (they are in most cases added to the mortgage).
Apply Online
Start your application process today with our online application form.
Mortgage Calculator
Use our online mortgage calculator to see what your monthly payments would be.