SELF EMPLOYED & Have Bad Credit or Low Income - Vancouver Mortgage Brokers have Lenders with Mortgage Products that might be right for you.
Bad Credit Mortgage refinancing is available for the Self Employed through a few conventional banks offering unique mortgage products. For more information about Bad Credit Mortgage Refinancing for Self Employed or Salaried incomes contact your Vancouver BC Mortgage Broker online application
Poor Credit and Recent Bankruptcies
Conventional Bad Credit Mortgage refinancing banks have programs to allow borrowers with poor credit and recent bankruptcy discharges to obtain mortgages.online application
Self Employed Borrowers
Self Employed Lenders offers mortgages to small business and self employed borrowers with low documentation requirements. With 20% down, notice of assessments are not even required.online application
Mortgage Offers High TDS Ratios
These Lenders can offers TDS ratios as high as 50%, depending on your credit rating.
TDS – Total Debt to Service ratio. The amount of debt being serviced as a percent compared to the total income.
Other Mortgage Products Available
High ratio mortgages – up to 90% loan to value
Rural mortgage
Up to 35 year amortization
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