Mortgage Solutions Tailored for Self-Employed/Low credit Scores

Are you self-employed or dealing with a low credit score? At MK Mortgages, we understand the unique challenges you face and offer specialized mortgage options to help you achieve homeownership in Canada. Let us guide you toward a solution that fits your financial situation.

Mortgage Options for Self Employed and Low Credit

Even with irregular income or a lower credit score, you can qualify with the right approach:

  • Self-Employed Mortgages: Use tax returns, bank statements, or a Statement of Business Activities to prove income.

  • Low Credit Solutions: Options for scores as low as 600 with co-signers or alternative credit assessments.

  • Stated Income Programs: For self-employed individuals with variable income, based on declared earnings.

  • Private Lending: Access funds when conventional lenders decline, with higher rates but flexible terms.

What You’ll Need to Get Started

Self-Employed Proof

Two years of Notices of Assessment, T1 Generals, or 6-12 months of bank statements.

Identification

Valid passport, driver's license, or permanent resident card.

Credit Report

We can help obtain and review your credit history.

Down Payment Evidence

Bank statements or gift letters showing funds.

Employment Details

Business registration or contracts, if applicable.

Apply Now for Your Mortgage Solution!

Ready to own a home despite being self-employed or having low credit? MK Mortgages is here to help with personalized mortgage options. Apply now for a free consultation and take the first step toward your dream home.