Renewing Your Mortgage Without Salaried Income? Solution Here.

older female business owner working at desk

When it comes to mortgage approval for your mortgage renewal, income verification is often required when you’re shopping for an interest rate.

As rates increase, not everyone qualifies for a mortgage the way they did in the past four years.

Fortunately, there are many programs that can still help you qualify for your mortgage renewal if you are not a salaried employee.

These programs include:

  • Self-employed, based on your business income (in addition to your personal income).
  • The high net worth alternative.
  • Equity mortgages.
  • Rental income.
  • Seasonal income averaging.
  • Hourly income averaging.

To ensure you receive the best rates when getting approved for your mortgage renewal, I am happy to advise you accordingly.

For more details, please book an appointment with Paul by clicking here.


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