What Is a Self-Employed Mortgage?

Author: Boychuk Mortgage Group |

  • A self-employed mortgage product is specifically tailored for those business owners or self-employed individuals earning an income the non-traditional way.
  • Self-employed mortgages can be accessed by those running full-time or part-time businesses inside of a corporation, partnership, or as a sole proprietorship. For incorporated business owners, you must own the corporation and draw out an annual income in the form of dividends or employment income to be considered for a self-employed mortgage.