Business for Self (Alt. A)

Enables self-employed borrowers who manage their finances responsibly to obtain mortgage insurance without traditional income.
A laptop showing an image of a home interior

Help Self-Employed Borrowers Own The Home They’ve Worked Hard For

Many borrowers who are self-employed have good credit and are in control of their finances, but cannot provide traditional means of income verification. This product helps self-employed borrowers find their path to home ownership.

Premium Rate:

LTV Ratio Premium Rate Top-Up Premium
Up to 65% 1.50% 3.00%
65.01% - 75% 2.60% 6.50%
75.01% - 80% 3.30% 7.00%
80.01% - 85% 3.75% 7.50%
85.01% - 90% 5.85% 9.00%

Eligible Products

  • Progress Advance Program
  • Purchase Plus Improvement Program
  • Second Mortgage Program


  • Available up to 90% Loan-to-Value
  • Borrower is a Sole Proprietor, Partnership or Corporation with a proven 2-year history of managing both their credit and finances responsibly
  • The borrower is required to declare their annual income and annual business income, which should be reasonable based on their industry, length of operation, and type of business
Underwriting Policies and Standards thumbnail with Sagen logo

Learn more about this program in the Underwriting Policies & Standards (UPS)

View Business for Self Program in UPS

Premium Calculator

The Premium Calculator helps you calculate the mortgage insurance premium on any Sagen™ products.

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