• You need to provide a copy of your driver’s licence, passport, or other government-issued photo ID (but not a Health card).
• SIN - Social Insurance Number (while not required but helpful)

Identification is used to verify your identity. While it’s a measure for preventing fraud, it’s essential for us to properly fill out your mortgage application. 

It’s also a requirement so a lender can provide you with funding.

• All ID text, photos and numbers must be clearly visible.

If your income is salary or wages, provide:

• A recent pay stub showing the pay date, pay amount, your name and the employer’s name.
• A job letter on a company letterhead detailing your start date, position, guaranteed salary/wages, and a human resources contact name and phone number.

If any of your income comes from a bonus, commissions, overtime, a contract, gratuities or investments:

• Provide the most recent two year’s Notice of Assessments (NOAs) from Canada Revenue Agency (CRA).

If your income is through self-employment, provide:

• The most recent two years of Notice of Assessments (NOAs) from Canada Revenue Agency (CRA)
• Your business license, articles of incorporation, or GST registration number
• Self-employed applicants may have to show two years of unaudited accountant-prepared financials, depending on the lender and circumstances

If you earn rental income:

• Provide a copy of each lease, as well as either:
• A Canada Revenue Agency T776 Statement of Real Estate Rentals
• or two years of T1 generals (personal tax returns)
• or two years of Notice of Assessments (NOAs) from Canada Revenue Agency (CRA)

If you earn Alimony/Child Support:

• Provide Notice of Assessments (NOAs) from Canada Revenue Agency (CRA)
• The full separation/support agreement

If on maternity/paternity leave:

• A job letter on a company letterhead detailing your start date, position, guaranteed salary/wages, and a human resources contact name and phone number
• Ensure your job letter shows the return date and salary/income upon return

Income verification is required for your application so a lender can verify your ability to manage your mortgage payments.

Also provides essential information for us to assess your situation. Most of all helpful information to determine which mortgage product is appropriate for you.

It’s fraud if you falsify and/or exaggerate your income. Fraud for shelter is the most common form of mortgage fraud in Canada. Therefore we won’t tolerate this irresponsible and harmful behaviour.

It is important to be honest and precise with your income so that you aren’t getting a mortgage you can’t manage to afford.

A mortgage statement is simply a document prepared by your current lender and provided to you upon request. This document will detail your current mortgage.

Your mortgage statement will show:

• your information,
• the current mortgage balance,
• the current interest rate,
• amount remaining on both the mortgage term and amortization,
• your payment amount
• and includes contact information for your mortgage holder
• it may also provide you with a history of your repayment 

This document is essential for the lender you apply to. As a document it allows a lender to assess your current mortgage and review your management of that mortgage.

Must show your name, property address, balance or original mortgage amount, and payment

A lender will require the most recent property/tax bill statement for the property you are mortgaging. 

It’s an essential document that details the property and documented ownership of the property. It also allows a lender to ensure that all taxes are paid up-to-date before financing a mortgage against the property.

• Provide the most recent property tax/bill statement
• Ensure that taxes are paid or a lender won't accept your application

A lender will require information on how much you  pay for heating a month. Along with this information, if applicable, documentation about any condo fees you pay is also required.

It is required to consider the essential costs surrounding your property, it allows a lender to determine an accurate idea of your finances considering your assets, liabilities, income and property.

• Ensure bills and charges are most recent

A void cheque is simply an unusable cheque that details your transit number and account number. It’s essential for a lender to deposit and withdraw funds from your account.

It’s an essential document that allows a lender to fund your mortgage. Also confirms the funds are in fact deposited to you, the mortgagor.

• Make sure that the cheque you provide is an account in your name, if it isn’t it won’t be a valid document.
• If you don’t provide a void cheque provided by your banking institution, make sure that you properly void a cheque of your own.
• It’s highly recommended you get a void cheque from your bank. Can easily be obtained from their website or physically at a branch location.