Our innovative mortgage solutions make it easy for self-employed individuals to own a home.










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We know that time is of the essence for self-employed individuals, which is why we've tailored our lending process to get you approved for a mortgage quickly and easily. We'll work with you to find alternative documentation options that suit your unique financial situation, so you can avoid the headache of traditional bank scrutiny.
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As a self-employed entrepreneur, you have unique financial needs that require tailored solutions. That's where we come in. Our team will work with you to find customized lending solutions that fit your specific requirements, such as flexible repayment options or lower down payment requirements.
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Navigating the lending landscape can be confusing and overwhelming, especially if you're self-employed. That's why we provide expert guidance every step of the way. Our team will answer all of your questions, explain the requirements, and ensure that you make informed decisions throughout the process.
This Deal Expires April 31, 2023
Everything you need to know about Our Process and service.
A self-employed mortgage is a home loan that is designed specifically for individuals who are self-employed and have difficulty proving their income through traditional methods. At Orion Financial, we understand the challenges faced by self-employed individuals and can help you navigate the mortgage process with ease.
The documentation required for a self-employed mortgage with Orion Financial may vary depending on your specific situation. However, typically, we will require proof of income, such as business financial statements, tax returns, and bank statements. Other documentation may include business licenses, incorporation papers, and proof of insurance.
Income for self-employed individuals is usually calculated based on the average of the last two years of taxable income as reported on tax returns. At Orion Financial, we work with self-employed borrowers to understand their unique financial situation and determine the best way to verify income.
While it may be more challenging to get a self-employed mortgage with bad credit, it is still possible. At Orion Financial, we understand that self-employed individuals may have more fluctuating income and credit issues, and we work with borrowers to find the best financing solutions that fit their specific needs.
The primary difference between a self-employed mortgage and a traditional mortgage is how income is verified. Traditional mortgages use pay stubs and T4 slips to verify income, while self-employed mortgages use other documentation, such as tax returns and financial statements. At Orion Financial, we can help you understand the difference between the two types of mortgages and guide you through the mortgage process.
Yes, it is possible to get a self-employed mortgage with a new business through Orion Financial. We understand that starting a new business can be challenging, and we work with borrowers to provide the necessary support to obtain the best financing solution.
The maximum amount you can borrow with a self-employed mortgage from Orion Financial will depend on several factors, including your income, credit score, and the value of the property you want to purchase. We work with borrowers to find the best mortgage solutions to meet their unique financial needs.
Interest rates for self-employed mortgages are typically higher than traditional mortgages due to the higher risk associated with lending to self-employed individuals. At Orion Financial, we work with borrowers to find the best interest rates and terms based on their specific financial situation.
Yes, you can still get a self-employed mortgage if you work from home through Orion Financial. However, you may need to provide additional documentation to show that your business is separate from your personal finances. We will work with you to understand your unique situation and find the best financing solution for you.