If you’re self-employed or in commission-based sales, you’ll appreciate the simplified credit approval process and ability to select almost any Scotiabank home ownership solution you want.
With the Scotia® Mortgage for Self-Employed, you can qualify for hassle-free home financing with as little as 5% down¹. If you already own your home, you can refinance up to 90% of its value and use the funds however you choose.
Details
Term:
6 Months to 7 Years
Interest Rate:
Fixed for the full term selected or variable rate.Today's Rate
Financing Available:
Conventional and Insured
Payment Frequencies:
Weekly, biweekly, semi-monthly, monthly
Prepayment Options:
Prepay up to 15% of the original amount of the mortgage. Increase your payments by up to 15% of the payment set for the current term each year