Broker Resources

Approved! Purchase in Harrison Hot Springs for BFS owner

We approved this British Columbia purchase for a BFS client using sustainable BFS income, pension income, and a marketable property.


  • 30-year amortization
  • BFS
  • Pension income
  • Deal approved at 78% LTV
  • 1-year closed


Our clients, a BFS owner and a retiree, are purchasing a duplex located in beautiful Harrison Hot Springs, BC. The quiet, relaxing town is the perfect place for the couple to settle down and invest their savings.

Sustainable BFS income, pension income, and a highly desired neighbourhood made the approval at 78% LTV an easy decision.


Did you know that the finance and insurance sector has significantly increased its share of total self-employed Canadians since 2000? That means business consultants, real estate and insurance agents and, ahem, mortgage brokers (#UseAMortgage!) now represent 79% of all solo self-employed Canadians.

You already know that cultivating an independent career path offers a lot of personal and professional satisfaction, and also helps insulate against job loss due to things like, I don’t know a global pandemic…

No one knows yet what the long-term impact of COVID-19 will be on employment trends, but it’s safe to say that with over 2.9 million self-employed Canadians in 2021, it’s critical that we continue to design forward-looking solutions that meet the needs of all Canadians.

Ask your BDM for more information on our BFS Pro suite of mortgage solutions.

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