Business For Self Mortgages

If you're looking for expert self-employed mortgage broker services, the Key Momentum Mortgages Ltd. team and Laura Mackie are here to serve you. Please connect with us and let's chat about your mortgage financing needs.

What are Business for Self Mortgages (self employed mortgage)?

Our purpose at Key Momentum Mortgages Ltd. is to find the right mortgage services that fits your self-employment business income. Business for Self mortgages (BFS), also known as a self-employed mortgage or a stated income mortgage, are a type of mortgage designed for individuals who are self-employed or have income from non-traditional sources.

Business for Self mortgages + self-employed mortgages with Key Momentum Mortgages Ltd.

Traditional mortgage applications typically require proof of income through pay stubs, tax returns, and employment verification. However, self-employed individuals may often face challenges in providing these documents due to the nature of their income, which can vary from month to month or may not be reflected accurately on tax returns.

Business for Self mortgages take into account the unique circumstances of self-employed borrowers by using alternative methods to assess their income and ability to repay the loan. Instead of relying solely on tax returns, the mortgage lender may consider other financial documents, such as bank statements, business financial statements, invoices, contracts, or a combination of these, to verify the borrower's income.

Here are a few key features of a Business for Self mortgage:

  1. Stated income: Instead of requiring traditional income documentation, self-employed borrowers can state their income on the mortgage application, and the lender will use this information to evaluate their eligibility.
  2. Alternative documentation: Lenders may request additional documents, such as business bank statements, profit and loss statements, or contracts, to support the stated income and assess the borrower's financial stability.
  3. Higher down payment or interest rates: Since self-employed mortgages often involve higher risk for lenders due to the limited income documentation, borrowers may be required to provide a larger down payment or pay slightly higher interest rates compared to traditional mortgages.
  4. Customized underwriting: Lenders offering Business for Self mortgages may have specialized underwriting guidelines to assess the creditworthiness of self-employed borrowers. They will consider factors like credit history, industry experience, business stability, and overall financial strength.


Located in beautiful Langley, BC, out team provides full mortgage services across BC, including: Vancouver, Surrey, Langley, Burnaby, White Rock, Mission, Cloverdale, Abbotsford, Delta, Richmond, Chilliwack, Kelowna, Kamloops, Prince George, Kitimat, Prince Rupert, Cranbrook and everywhere in between.

It's important to note that the availability and specific requirements of Business for Self mortgages may vary among lenders. Key Momentum Mortgages Ltd. specializes in working with self-employed individuals to help you understand the options available to you.

What Are The Benefits of Using Key Momentum Mortgages Ltd for Business for Self Mortgages?

The team at Key Momentum Mortgages Ltd. has many years of experience and understands the challenges a self-employed individual faces applying for a mortgage. Below are a few things we provide as a team to ensure top mortgage advice when applying for your mortgage:Business for Self mortgages + self-employed mortgages with Key Momentum Mortgages Ltd.

  • We Understand Self-Employment Income: As a full-service mortgage provider that has experience working with self-employed individuals, one of our specialties is understanding the complexities of assessing self-employed income. We can offer tailored solutions that are specific to your situation.
  • We Have Flexibility in Underwriting: Self-employed individuals may not have a consistent income, and their tax returns may not accurately reflect their true earning potential. As an expert business for self mortgage provider, we can be flexible in underwriting and take a more holistic view of your income and assets that can better serve self-employed individuals.
  • Our Strength is Specialized Mortgage Products: As a mortgage specialist, Key Momentum Mortgages Ltd. offers specialized products that are specifically designed for self-employed borrowers, such as bank statement loans, asset-based loans, or other non-traditional loan products.
  • Outstanding Customer Service: Key Momentum Mortgages Ltd. offers personalized customer service and is responsive to the unique needs of self-employed borrowers. As a result, our team can provide a better overall experience for our clients. Guaranteed.
  • We Offer Competitive Rates and Terms: Ultimately, self-employed borrowers want to find a mortgage provider that can offer competitive rates and terms that meet their needs and financial situation. We can do that for you.

Highly respected in the industry for our transparency and professionalism, Key Momentum Mortgages Ltd., located in Langley, BC, has earned the trust of our customers by ensuring they are treated with the utmost care and respect. Deal must fund within 90 days of submission to be eligible. Reimbursement for out-of-pocket expenses will be made within 60 days of mortgage closing.

Laura Mackie | Key Momentum Mortgages Ltd. Langley Mortgage Broker

Laura Mackie, AMP
Mortgage Broker

P 778.878.5350

Are you self-employed and looking for a mortgage? How can Key Momentum Mortgages Ltd. serve you?

Laura Mackie 2022 Mortgage Architects Gold ClubWe know how important having the opportunity to purchase a home is to you, that's why our team at Key Momentum Mortgages, Ltd. will be with you every step of the journey while applying for a business for self mortgage. We'll help you understand some of the opportunities and potentially complex steps in assessing your application.

Call us today at 778.878.5350 or email us using the short form above to set up a time to connect. We look forward to serving you.


Key Momentum Mortgages Ltd. and Laura Mackie, your leading Langley reverse mortgage specialist, has developed excellent relationships with many lenders across the country. Let's figure out which one has the best product for you.