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 If you're self-employed and finding it difficult to arrange a competitively priced mortgage financing, you may be interested in the new Self-Employed Mortgage Option. Designed to meet the unique needs of self-employed people, this innovative mortgage allows clients with good credit history and who have been in business for more than 3 years to borrow up to 90% of the appraised value of the their home without having to provide financial statements or verification of income.
Using the Self-Employed Mortgage option means that your can receive competitive mortgage rates when purchasing a home or when leveraging your existing home equity to renovate, consolidate debt or finance other personal goals. For Pre-Approvals Click Here |
 If you are like most home-buyers, you have two primary considerations in mind when you start looking for a home.
First, you'll want to find a home that perfectly meets your needs and desires, and, you'll want to purchase this home for the lowest possible price. Secondly you'll want to have the best Mortgage Financing available. What if we we're able to pull up active Distress  Sales, commonly known as Bank Foreclosures anywhere within the Lower Mainland, such as: - Metro Vancouver,
- Burnaby,
- New Westminster,
- North & West Vancouver,
- Coquitlam,
- Port Moody,
- Maple Ridge,
- Mission,
- Richmond,
- Delta,
- Surrey,
- Cloverdale,
- Langley,
- Aldergrove,
- Walnut Grove,
- Abbotsford,
- Chilliwack and Hope
To receive updated information: Click Here! Maybe, you're still not sure just how much you can afford, well then click on the link just below for quick up to date mortgage rates and other benefits currently available. Click Here for Mortgage Rates and Info - Self Employed
- Renewals
- Refinance
- First Time Buyers (Zero Down Payments)
- Home Purchases
- Construction Loans
- Private and Second Mortgages
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Calculators
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Let us help you find out what you can afford! Our mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.
Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To mail yourself a copy of your results, click the Receive this Detailed Analysis link.
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Results
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Receive this Detailed Analysis
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Your Monthly Payments
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| Loan Amount: |
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| Income Needed to Qualify for the Mortgage |
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| Monthly Loan Insurance (%): |
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| Qualifying Income of
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| Qualifying Income of % TDS Ratio: |
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| What You Can Afford |
| We are using the % ratio.
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| Cost of House: |
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| Down Payment: |
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| Loan Value: |
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| Monthly Principal & Interest: |
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| Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate) |
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For the best buys, Check Here First
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Thankyou for visiting Macdonald Realty 1st Pioneer 22424 Fraser Highway, Langley, BC V3A 8N3 Bus: 604-551-6584 or 604-530-4111 Fax: 604-530-3707 |
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