Can I get a mortgage with fluctuating income?

Author: Boychuk Mortgage Group |

Yes, self-employed individuals with fluctuating income can still qualify for a mortgage. Lenders often use averaged income over several years to assess your borrowing capacity and financial stability. This method provides a more accurate representation of your income potential, taking into account both peak and lower-earning years. It's essential to work with a mortgage advisor experienced in self-employed lending to navigate these income verification processes effectively.