If you are thinking of purchasing a new home these are the documents your lender will require:

  • Most Recent Pay Stub

  • Letter of Employments – on company letterhead, detailing length of tenure, job title, rate of pay, guaranteed number of hours

  • Last Two Years of T4′s

  • Last Two Years Notices of Assessment – with the most recent year showing now taxes outstanding

  • Most recent Mortgage statement from current home

  • Property Tax Assessment from current home

  • Most recent Mortgage Statement from all rental properties

  • Property Tax Assessment from all rental properties

  • Rental Agreements from all rental properties

  • Bank Statements – 90  days worth of statements from each account that down payment funds will be drawn from, if not all down payment will be covered from the sale of your current home – please ensure that all accounts show your name and account number clearly at the top and that they are unaltered

  • If down payments is to be gifted, please send in a statement showing the account number, name and corresponding deposit, to line up with the amount on the gift letter. Letter will be forwarded to you once a lender has been chosen, as each lender has a specific letter

List of Documents for Self Employed

  • Articles of Incorporation

  • Last two years company financials

  • Last two years Notices of Assessment – with the most recent year showing no taxes outstanding

  • Last two years T1 Generals

  • Most recent Mortgage Statement from current home

  • Property Tax Assessment from current home

  • Most recent Mortgage Statement from all rental properties

  • Bank Statements – 90 days worth of statements from each account that down payment funds will be draw from, if not all down payment will be covered from the sale of your current home – please ensure that all accounts show your name and account number clearly at the top and that they are unaltered

  • If down payments is to be gifted, please send in a statement showing the account number, name and corresponding deposit, to line up with the amount on the gift letter. Letter will be forwarded to you once a lender has been chosen, as each lender has a specific letter.