Business For Self

When it comes to mortgages, it hasn’t always paid to be self-employed – because reducing your taxable income can make it difficult to qualify for the mortgage you deserve. We understand business owners because we’re business owners, too. At indigoblue we look at the bigger picture and qualify based on cash flow.

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REAL EXAMPLE

MORTGAGE PURPOSE

Borrower is self employed, Looking to buy a home.

PROPERTY

Location
London, ON
Type
first mortgage on a Single Family Detached
Value
$380,000

BORROWER

Who?
Married couple with no dependents
Beacon Score
680+

Credit issues
· Credit for both borrowers was strong

Employment
· Borrower is self employed as an auto mechanic.
· Income documents used include: 6 months bank statements, business license, HST registration

Indigoblue Solution

Indigoblue Financial found the borrowers additional funds to expand their business by soucing a solution that looked at cash flow rather than NOA financials.
Term 1 year
Loan to Value Ratio 85%

 


Call for a no-obligation consultation call. Fill out the form below and we will call you within 24 hours.

GET APPROVED IN 3 EASY STEPS!


STEP 1

Type of Loan:

PurchaseRefinance

Mortgage Request:

1st Mortgage2nd Mortgage

STEP 2

Property Value:

Mortgage Request:

STEP 3

Name:

Email:

Phone:

City: