Mortgages

for

self-employed

workers:

What

you

need

to

know

Financing rules for self-employed workers in Quebec and how to optimize your file.

Being self-employed in Montérégie offers great freedom, but it can complicate getting a mortgage if your reported income is optimized to reduce taxes.

Lender requirements

Banks generally ask for your notices of assessment from the last two years. If your net income is low, there are specific programs for self-employed workers (e.g., stated income programs with CMHC) requiring a minimum down payment of 10%.

The support of a broker

The expertise of a mortgage broker in Sorel-Tracy is crucial to present your file in the best light and find the financial institution most favorable to your status.

Ready to take the next step? Our team of partner brokers is available to review your unique situation and provide tailored advice that aligns with your long-term financial goals.