We only need to check your credit once – protecting your credit rating from multiple checks.
Statistics show that nearly 20% of all income earners in Canada are now self-employed (business-for-self). This is a large and growing demographic, which brings up the question, “Why is it so difficult to get a mortgage through a chartered bank if you’re self-employed?”
Many lenders are governed by the chartered bank act and the strict regulations that accompany it. Credit unions however can be far more flexible and take a look at the “whole” financial picture regarding your income as opposed to just the “net” income. As your Vancouver Mortgage broker we understand your needs. Our lenders take into consideration the total credit worthiness of the individual rather than just the bottom line on a tax return.Mortgage Application