Documents
Documents I'll need
Gather these for each applicant. Please upload everything through your secure portal rather than emailing it.
For an example of what these documents look like, or where to find them, visit my documents guide.
Buying a home
Personal documents
- Two pieces of ID per borrower, with at least one government-issued photo ID.
- Void cheque or pre-authorized debit form for the mortgage payment account, when available.
For salaried or hourly employees (T4)
- Most recent two pay stubs.
- Employment letter on company letterhead, dated within 30 days, confirming position, start date, employment status, and salary or hourly wage.
- T4 slips for the last two years.
- CRA Notices of Assessment for the last two years.
For self-employed applicants
The documents needed depend on how your business is structured and how your income is reported. This may include personal and business tax returns (T1's), Notices of Assessment, financial statements, and business bank statements. I'll confirm the appropriate list for your situation.
Down payment documents
From savings, chequing, TFSA, RRSP, or FHSA
- Three months of statements showing the accumulation of funds.
- Statements must show your name and account number.
- For large deposits over $1,000, I may need a history of the account the money came from so we can document the source of funds.
- Proof of withdrawal if the funds have already been paid to the realtor as a deposit.
From gifted funds
- A signed gift letter, which I'll provide as each lender has their own version.
- Proof the gift was deposited into your account including 3 months before the deposit.
- Supporting statements if needed to document the source of the funds.
Other properties you own (if any)
For each other property you own:
- Most recent mortgage statement.
- Most recent property tax statement.
- Current lease agreement for the tenant, if the property is a rental.
- Bank statements showing the rent deposits, if the property is a rental.
The exact document list may change depending on your employment, down payment source, lender, and application. I'll let you know if anything else is required.
Refinancing
Personal documents
- Two pieces of ID per borrower, with at least one government-issued photo ID.
- Void cheque or pre-authorized debit form for the mortgage payment account, when available.
Existing mortgage & property documents
- Most recent mortgage statement.
- Property tax statement.
- Strata fee information, if applicable.
- Home insurance information, if requested.
- Any existing mortgage payout statement already available.
- Details of any debts being paid out through the refinance.
For salaried or hourly employees (T4)
- Most recent two pay stubs.
- Employment letter on company letterhead, dated within 30 days, confirming position, start date, employment status, and salary or hourly wage.
- T4 slips for the last two years.
- CRA Notices of Assessment for the last two years.
For self-employed applicants
The documents needed depend on how your business is structured and how your income is reported. This may include personal and business tax returns (T1's), Notices of Assessment, financial statements, and business bank statements. I'll confirm the appropriate list for your situation.
If we're consolidating debts
- Recent statements for the debts being paid out.
- Current balances and account numbers, where available.
- Any payout or discharge information already provided by the creditors.
Other properties you own (if any)
For each other property you own:
- Most recent mortgage statement.
- Most recent property tax statement.
- Current lease agreement for the tenant, if the property is a rental.
- Bank statements showing the rent deposits, if the property is a rental.
The exact document list may change depending on your employment, lender, and application. I'll let you know if anything else is required.