Self Employed / Commissioned

Smart Start Management and consulting

If you are self-employed in British Columbia and looking to purchase a home, a self-employed mortgage may be the solution you need. Traditional mortgage lenders often require proof of stable income and employment, which can be difficult for self-employed individuals to provide. However, there are specialized lenders who offer self-employed mortgages with more flexible requirements. Here are some of the qualifications and benefits of self-employed mortgages in British Columbia:


  1. Proof of income: While self-employed individuals may not have a traditional paycheck to provide as proof of income, they can provide documentation such as tax returns, business financial statements, and contracts to show their earning capacity.

  2. Strong credit score: A strong credit score is important for any mortgage application, but it can be especially important for self-employed individuals. Lenders may look at your credit history to assess your ability to manage debt and make timely payments.

  3. Down payment: Like traditional mortgages, self-employed mortgages require a down payment. While the minimum down payment for most mortgages in Canada is 5%, it may be beneficial for self-employed individuals to provide a larger down payment to reduce the amount of the loan and improve their chances of approval.


  1. Greater flexibility: Self-employed mortgages offer greater flexibility in terms of income verification, credit requirements, and loan structure. This can be especially helpful for individuals with fluctuating income or non-traditional employment.

  2. Tax advantages: Self-employed individuals may be eligible for tax deductions related to their mortgage interest payments, which can help to reduce their overall tax burden.

  3. Home ownership: Self-employed mortgages can help self-employed individuals achieve their dream of home ownership, which can provide stability and financial security.

At Smart Start Management and Consulting, we understand that self-employed individuals may face unique challenges when it comes to securing financing for a home. That’s why we work with a network of lenders who specialize in self-employed mortgages and can provide tailored solutions to meet your needs. Contact us today to learn more about how we can help you achieve your home ownership goals.

Payal Business Centre
Unit 252 8138 128th st – Surrey, BC V3W 1R1

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Smart Start Management and Consulting

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