If you’re self-employed, you already know that securing a mortgage can feel like a daunting task. Whether you’re a gig worker, freelancer, or small business owner in Calgary, proving your income to lenders often comes with more hurdles compared to traditional employees. But here’s the good news: with more Canadians
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If you’re a self-employed individual in Calgary—whether you’re a freelancer, contractor, or small business owner—there’s a good chance you’ve wondered if incorporating your business is the right move. Incorporating comes with perks like tax advantages, credibility, and liability protection, but it’s not always the best option for everyone. For those
Are you a self-employed individual in Calgary with an unpredictable income from working online? Whether you’re a freelancer, consultant, or content creator, getting a mortgage can feel more complicated compared to someone with a traditional job. But here’s the good news: many lenders now offer flexible options specifically designed for
For self-employed individuals and entrepreneurs in Calgary, getting a mortgage can feel like an uphill battle. Unlike traditional employees, your income might not be as easy to verify, and lenders tend to scrutinize your financials more closely. But here’s the thing—while the process may come with extra hurdles, it’s completely
Getting a mortgage is challenging enough when you’re self-employed, but if you’ve been running your business for less than a year, it can feel almost impossible. Lenders typically look for two years of income history to ensure stability, which can leave new entrepreneurs—like Canadian influencers, gig workers, and solopreneurs—with unpredictable
For self-employed Canadians, such as influencers, gig workers, and freelancers, securing a traditional mortgage can be challenging due to the lack of regular pay stubs and employment records. Low documentation (or “low doc”) home loans are designed to address this challenge, offering an alternative mortgage option for those with unconventional
For Canadian influencers, gig workers, and other self-employed individuals, qualifying for a mortgage can be a unique challenge. Without a traditional salary or employment history, proving income stability can be more complex. However, with the right preparation and understanding of lender requirements, getting approved for a mortgage is very achievable.
Incorporating a business is an exciting step toward establishing your small business in Calgary, Alberta. Whether you’re a solo entrepreneur or building a team, incorporation can provide numerous benefits like liability protection, tax advantages, and greater credibility. However, understanding the costs involved is crucial for proper planning. This guide breaks