Written by 12:05 AM General Views: 2

New Mortgage for Self-Employed Homeowners

If you work for yourself or make your living from tips or commissions, there’s a new mortgage just for you.

The benefits: 

  • Borrow up to 80-95% of your home’s value (OAC)
  • Stated Income (i.e. minimal proof of income)
  • Offered to borrowers with credit scores as low as 540
  • No minimum period of self-employment required
  • Amortization up to 30 years for lower payments

If you’re interested, or have questions, feel free to email or call me (Melanie McLister) for more details at (800) 280-2460.

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Last modified: March 22, 2007

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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