Self-Employed and Mortgages: Turning Challenge into Solution

Self-Employed and Mortgages: Turning Challenge into Solution

Applying for a mortgage when self-employed can be a challenge – this we know. Banks typically like tidy financials and don’t have the products to help clients find solutions for those with varying income scenarios.

With today’s employment and business options, few applicants have a straight path from start to finish. Many navigate over obstacles and around hurdles; the good news is there is always a way to get to the other side.


We know how hard entrepreneurs work and the dedication it takes to commit your life to your passion. At Gail Sylvester Mortgages, we are excited to help those that have a calling to make a living sharing their talents and enriching our community. We are here to help self-employed individuals and small business owners secure a mortgage, a mortgage renewal, or refinancing.

You deserve it!

Does one of these categories apply to you?

– Self-employed
– Small business owner
– Commission-based
– Heavy bonus structure
– Contract employee
– Part-time Hours

If you checked any of these boxes, we are here to help you navigate the lending process and turn a challenge into a success.


Without a guaranteed salary we must show consistency in income. A mortgage application typically requires TWO YEARS of T4’s plus Notice of Assessment and sometimes full T1 Generals. This average is then used to process the application.

We have many lending partners that are experienced with different income streams and will be able to help get the funding needed. The 2-year average can be shortened to a 6-month average in certain situations, by way of 6 months business bank statements.

Other streams of income for financing that helps secure a new mortgage on a purchase or refinance for the self-employed:

– Part-time job
– Co-signer
– Large down payment

We stand behind you as a business owner or self-employed individual and will make the process as seamless as possible. Our team and our lending partners are excited to work with those that pour their hearts into their work.

“If you don’t build your own dreams, someone will hire you to build theirs.” – Tony Gaskin

We are here to help you – connect with us today at or follow our social media channels @gailsylvestermtg or FB – Gail Sylvester Mortgages for more great tips on how to live your best life!

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