Self-Employed Mortgages Mississauga

Tajwar Rahman understands business owners and can offer mortgages to self-employed mortgages in Mississauga to individuals who wish to take out mortgage loans without the hassle of getting denied.

A self-employed mortgage is a residential mortgage on a home or a commercial mortgage on a commercial property owned by or purchased by someone who owns their own business or corporation.

Canadians who are self-employed have a different method of disclosing their income than salaried workers who work full- or part-time, and their claimed net income is not necessarily high enough to be approved for a conventional mortgage at Canadian banks. Having the right mortgage agent by your side has many benefits. I will work with you to tailor a mortgage solution that meets your unique needs and helps you achieve your financial goals. 

Because there are so many different legal tax deductions that are permitted, self-employed people can save thousands of dollars per year in income taxes. Although there are many advantages and pleasures to being self-employed, there is one challenge that the majority of Canadians who work for themselves frequently fall into, mortgage financing. 

Mortgage financing for a self-employed person through major Canadian banks can be an extremely difficult affair, given the recent changes to mortgage guidelines. Even when a borrower has all of their personal and commercial accounts at the same bank, they can still get turned down. This is the root of the rising annoyance Canadian customers feel toward the country’s current banking system.