Document Checklist for Property Purchase:

 

Use this checklist in order to be prepared for the mortgage approval requirements.

If you are a Salaried Employee:

 

• Mortgage application

• Purchase and Sale Agreement

• MSL Listing (if applicable)

• Most recent pay stub

• Letter of Employment (include salary amount, job title, length of time at job)

• 2 years T1 General (tax return)

• 2 years NOA (Notice of Assessment)

• Lawyer contact information

• Line of credit statement (if applicable)

• Mortgage Statements from other investment properties (if applicable)

• Lease agreements from other investment properties

• Void cheque for mortgage payments

• 90 days bank statements (proof of down payment)

 

If you are Self Employed:

 

• Mortgage application

• Purchase and Sale Agreement

• MSL Listing (if applicable)

• 2 years T1 General (tax return)

• 2 years NOA (Notice of Assessment)

• Copy of Business registration or Articles of Incorporation

• Lawyer contact information

• Line of credit statement (if applicable)

• Mortgage Statements from other investment properties

• Lease agreements from other investment properties

• 90 days bank statements (proof of down payment)

• Void cheque for mortgage payments