Offer to purchase
Copy of the listing
Signed mortgage application
Verification of income for 2 years
an employment letter stating position, length of time on the job & salary and name/ telephone number of employer
previous years T4 slip(s)
verification of no outstanding personal taxes owed to Gov't
(self employed! Ask us - as requirements will vary with lender)
Title insurance, if required ($250)
Appraisal cost, if required ($321)
Verification of downpayment and closing costs
gift letter and copy of deposit to account or account print out showing deposit
copy of offer to purchase on sale
copy of passbook or 3 months of bank statements
copy of RRSP or investment statement
closing cost are estimated at 1.5 percent of cost of property
Void cheque from which mortgage payments will be drawn
For mortgage transfers or switches:
Copy of fire insurance
Copy of mortgage document
Copy of mortgage renewal
Copy of paid tax notice (mortgage statement)
Copy of property assessment
