Mortgage Document Checklist

BUYING A HOME?

INFORMATION THAT DESCRIBES THE PROPERTY YOU ARE BUYING:

  • Purchase and sale agreement
  • MLS listing with photo
  • Name, address, telephone number of your solicitor/notary

CONFIRMATION OF YOUR DOWN PAYMENT:

  • Savings or investments statement from within the last 90 days
  • Sale of an existing property — a copy of the sale agreement
  • Gift letter
  • Withdrawal from RRSP through Home Buyer’s Plan

EMPLOYMENT VERIFICATION:

  • Copy of latest pay slip
  • T4
  • Letter of employment
  • T1 General and Notice of Assessment (NOA) if self-employed

DO YOU CURRENTLY OWN YOUR HOME?

INFORMATION THAT DESCRIBES YOUR
EXISTING PROPERTY:

  • Recent mortgage statement
  • Current homeowner insurance policy
  • Most recent property tax bill/statement
  • Legal description of your property (you can find this on your original purchase agreement or your property tax statement)

OTHER INFORMATION WE MAY REQUIRE

As part of your application process, we will ask you questions relating to what you owe and own, what some of the projected expenses relating to the property are, such as taxes, heating costs and condo fees, and whether you will be using the property to generate income.

  • Void Cheque

Our Best Rates

Mortgage Product Rate
5 Year Variable Rate
2.70%
1 Year Fixed Rate 3.24%
2 Year Fixed Rate 3.34%
3 Year Fixed Rate 3.44%
4 Year Fixed Rate 3.44%
5 Year Fixed Rate
3.44%
5 Year Fixed (Quick close) 3.39%
7 Year Fixed Rate 3.49%
10 Year Fixed Rate 3.74%
Updated: 2018-10-16

Rates subject to change without notice and may vary based on loan-to value (call for additional details). Bank of Canada mortgage qualification rate is currently 5.34%.

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