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Banks and mortgage lenders are notoriously picky when it comes to qualifying self-employed borrowers. ing to the last census in 2018, over 2.9 Million Canadians identify themselves as being self-employed. That number represents over 15% of the Canadian workforce. And of course, since the last census in 2018 lots has changed in the world, and Covid has forced many people to change the way they work. And of course, there are lots of attractive things about being self-employed. So we are seeing more self-employed Canadians than ever. There are lots of great reasons why you might want to become your own boss. Obviously, you get more flexibility, more freedom and a great level of independence to live your lifestyle the way that you want. However, being self-employed comes with some significant uncertainty. 3 out of every 10 small businesses fail within the first 3 years, and only 50%, 5 out of every 10 small businesses makes it to year 10. And compounding that stress and uncertainty of business failure comes other things, especially when it comes to applying for your personal mortgage. And that's what I wanted to talk to you about today. Banks and mortgage lenders are notoriously picky when it comes to qualifying self-employed borrowers. So whether you are a commission sales person, a sole proprietor, a partner and a business running, a corporation, an independent contractor. There's something here for you. So let's explore what options are available if you are a business for self and applying for a mortgage.