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i declare™
You are independent. And so is your income. But what you make on paper
isn't always what you can bring to the table. So when it comes to affording
the home you want, getting the mortgage you need can be a trying experience.
It doesn't have to be that way. There are different
ways of measuring worth. After all, shouldn't your business be your
business?
Now, there's a mortgage that assumes you are as good
as your word. The i declare™ mortgage is a stated income mortgage
tailor-made for self-employed Canadians. It offers an easier mortgage
approval process that accommodates your income situation.
When it comes to getting the home of your dreams, something
as simple as a T4 shouldn't get in your way. All it takes to qualify
is your word on income, some employment verification and an assurance
that your lending ratios, credit and tax liabilities are in good order.
Key Features & Benefits:
- Approvals up to 90% of the home's value (plus lender
fee)
- For purchases, refinances and equity take out o 3
and 5-year fixed rate; 5-year variable
- 60 day rate period
- One time rate drop 7 days prior to closing, if applicable
- Up to 25 year amortization
- Mortgages up to $600,000 CDN($700,000
CDN in certain major centres)
- Flexible prepayment options; up to 20% prepayment
and 20% increase in payments annually
- Flexible payment date schedule
- With a simple honest declaration of
income, you can be approved for a mortgage up to $600,000
CDN
You trust yourself, so why shouldn't we? |
