Cake Forum - Cake Decorating Community  
Go Back   Cake Forum - Cake Decorating Community > Cake Community > Off Topic

Reply
 
Thread Tools Search this Thread Display Modes
Old 08-30-2017, 03:15 AM   #1
Martin01
Junior Member
 
Join Date: Aug 2017
Posts: 1
View Martin01's Photo Album My Photos
Default Mortgage for self-employed

Hi,

I am self-employed and planning to buy a home. I need to take a mortgage for that. And I want to know more about the mortgages for self-employed. My business is seasonal in nature. So, the income is not steady during a year. Will this affect my eligibility to get approved for a mortgage?

I have a good credit score. So, I hope I would get qualified for a mortgage. How long will it take to get approved after producing an application before a broker? What are the documents necessary for the application?

Which is a better one: a fixed rate or variable rate mortgage? As a self-employed person, I think a variable rate mortgage would be better for me as it depends on the current interest rates. I have searched a lot to find a mortgage broker offering the best scheme for a self-employed.

Can you suggest me some brokers here? I came across Northwood mortgage reviews. But, I don't have any previous experience with them. Does anyone know more about their services and the current mortgage rates in Ontario? Please help me find the details soon so that it would help me to make a good decision. Thanks in advance!
Martin01 is offline   Reply With Quote
Join CakeForum.com

Join Cake Forum Today - It's Totally Free!

CakeForum.com is a free community of fun people who enjoy making cakes and sharing ideas and tips with each other. It doesnít matter if youíre just getting started or if youíre an old pro, youíll find the Cake Forum is a great community to join. Best of all itís totally free!

Join CakeForum.com - Click Here
JOIN FOR FREE


Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 03:08 PM.


Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.

Copyright © 2008-2014 Escalate Media LP. All Rights Reserved