28 February 2012
28 February 2012
New challenges for self-employed borrowers
| According to Canadian Association of Accredited Mortgage Professionals (CAAMP), today there are 2.67 million self-employed individuals in Canada – 15%+ of the total work force. This category of borrowers often writes off business related expenses and their taxable income is relatively small, so most of them apply for stated income mortgages… Read more |