video1.0<iframe src="https://www.loom.com/embed/16faebc4c7884e7bafa699ed8315788a" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/16faebc4c7884e7bafa699ed8315788a-674fccb40c7eb86a.gif2129.36In this video, I discuss the nuances of evaluating income for self-employed clients, particularly those looking to secure mortgages. I explain the importance of understanding their financial situation, including the use of stated income programs and the criteria for different types of businesses. I emphasize the need for documentation like T4s, business licenses, and financial statements to support their applications. Additionally, I encourage brokers to engage in detailed conversations with their clients about their businesses to ensure accurate income representation. If you have any specific scenarios or questions, please reach out so we can work through them together.