How Vic Lehan & Associates Helped Our Client In A Tricky Situation

Are you a self-employed individual struggling to qualify for a mortgage due to your income taxes? It can be disheartening when the banks let you down. But fear not! Vic Lehan & Associates, the trusted licensed mortgage professionals in Leamington, Ontario, have specialized programs designed exclusively for self-employed individuals like you. In this blog post, we’ll share a real-life success story of how we helped a client overcome income qualification challenges and achieve their homeownership dreams. Discover the strategies we employed to tackle the issue and how our expertise can make a significant difference in your mortgage journey.

Recently we had a client. A self-employed individual determined to secure a mortgage faced the obstacle of not showing sufficient income on their tax returns. This situation is a common hurdle faced by self-employed individuals looking to buy a home. However, Vic Lehan & Associates possesses unique programs tailored specifically for self-employed individuals, offering solutions that traditional banks may not provide.

To tackle the issue effectively, we began by thoroughly analyzing the client’s income tax returns from the past two years. By taking an average of their income and considering their excellent credit history and saved downpayment, we devised a strategy that would enable them to qualify for the house they desired. Our extensive experience and in-depth knowledge of the mortgage industry played a crucial role in finding a suitable solution for our client.

Navigating through the intricacies of mortgage financing can be challenging, and our client’s case was no exception. Time was of the essence, as the client had already approached several banks without success. However, with our expertise and commitment to personalized service, we swiftly identified the core problems within the client’s application. By carefully evaluating their financial situation and leveraging our network of lenders, we were able to overcome these challenges and provide a viable mortgage solution.

Remarkably, it took less than an hour to identify the client’s obstacles and devise a comprehensive plan to address them. Thanks to a friend’s recommendation, our client sought our assistance, and we were determined to exceed their expectations. By combining our industry expertise with our extensive network of lenders, we were able to find alternative options that were not available through traditional banking institutions.

I’m Vic Lehan, Leamington, and the area’s longest-running mortgage agent, serving all of Essex County, Windsor, and beyond since 1999. As a licensed mortgage professional, I am committed to providing tailored mortgage solutions that meet your unique needs. Our success in helping our clients overcome challenges, such as income qualification issues for self-employed individuals, is a testament to our expertise and dedication to delivering exceptional service.

When you choose Vic Lehan & Associates, you gain access to specialized programs designed exclusively for self-employed individuals, opening up possibilities that traditional banks may overlook. Our ability to assess your financial situation holistically, analyze your income tax returns, and leverage our vast network of lenders enables us to find creative solutions that fit your needs.

Don’t let income qualification challenges hinder your dreams of homeownership. Contact us today to learn more about the services we offer at Vic Lehan & Associates. Whether you’re a first-time homebuyer seeking mortgage refinancing, mortgage renewals, bruised/bad credit mortgages, private mortgages, commercial mortgages, or new to Canada mortgages, we are here to match you with the right mortgage for your situation. Our commitment to personalized service, industry expertise, and after-closing support sets us apart, making us the trusted choice for mortgage solutions in Leamington and beyond.

To get in touch with us, please feel free to call us at (519) 326-6410 or email vic.lehan@mtgarc.ca. We look forward to helping you achieve your homeownership goals. To learn more about the services we offer at Vic Lehan & Associates, please click here.