Self-employed professionals and business owners in Scarborough may have income that is influenced by business deductions, expenses, or changing revenue throughout the year. Kristeen Smith helps eligible borrowers explore mortgage options that can use qualifying personal or business deposits when evaluating income. Depending on the borrower’s circumstances and property, available options may support an owner-occupied home or an eligible second-home purchase. Kristeen provides clear explanations of documentation requirements, qualification considerations, and property guidelines so borrowers can better understand the process. Her personalized approach helps Scarborough buyers evaluate their options based on their individual financial circumstances. She remains committed to responsive communication and attentive service throughout the mortgage journey.

For eligible self-employed borrowers, bank statement financing can provide an alternative approach to documenting income when traditional tax returns may not fully represent actual business cash flow. Depending on the program, qualifying income may be evaluated using 12–24 months of eligible bank statement history. Qualified borrowers may have access to up to 85% financing for an eligible one-family owner-occupied purchase or up to 80% financing for a qualifying second home. Applicants with at least one year of self-employment may also have options available under applicable guidelines. Kristeen takes the time to review each borrower’s financial profile and explain the factors that may affect qualification. If you are considering a home purchase in Scarborough, Kristeen Smith can help you understand the available mortgage options and take your next step with confidence.