At KCR MORTGAGES, we can help you own
your dream home! Getting pre-approved can
also make the search much easier.
DOCUMENTATION CHECKLIST FOR MORTGAGE
APPLICATION
The following is the basic information
required to complete a mortgage approval. The information required may vary
depending on the lender.
1. Completed Mortgage Application
to include the following:
-
3 yrs. Residence
-
3 yrs. Income/Employment sources
-
Breakdown of Assets (RRSP, Stocks/Bonds,
Savings/Chq. Acct.)
-
Breakdown of Liabilities (Credit cards,
loans/leases, support payments, student loans, etc.)
2. Written confirmation of
Income/Employment*
3. Down payment verification
(Bank statement or bank book copy, gift letter showing where borrowed
funds are coming from)
4. Clear copy of signed Offer To
Purchase
5. Listing and Picture of Property
** Self-employed individuals need financial
statements for the past 2 years and personal income tax returns (Please speak
to a mortgage specialist for further details).
Good planning and preparation are key
when purchasing a home.
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