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There's no question about it, the self employed will always face greater scrutiny when it comes to getting a Mortgage. Often times lenders will use your Personal Credit History as a qualifying factor. It pays to make sure that you monitor this important information - and possibly make updates and/or changes before you apply. Want to know where you stand?

Typical Lending Criteria for the Self Employed
Compared to employed individuals, most self-employed persons, whether in Canada or anywhere else, have a more difficult time getting accepted for a mortgage. The ideal image of a borrower by most lenders is one who is stable and has a consistent stream of income as an employee.
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