Documents for a Mortgage Pre-approval

Here is list of documents that you will need to send to me for a mortgage pre-approval:

These documents are for employed and self-employed:

• copy of drivers licence (front and back)
• copy of passport or SIN card
• full credit report from Equifax. You can get it here: https://www.consumer.equifax.ca/personal/

If you are on commission/work overtime/self-employed:

• Notice of Assessment for 2017 & 2018 (2019) for every applicant
• T1 General for 2017 & 2018 (2019)
• Articles of Incorporation or Business Licence (if applicable)
• 6 Months Business Banking Statements
• 2 recent pay stubs (if applicable)

If you are on salary:

• T4 for previous year
• Letter of employment
• 2 recent pay stubs
• NOA (Notice of assessment) for previous year

If you already have a property, you will need to send the following:

1. Property tax Bill for a current year

2. Mortgage statement         

You will also need to fill a mortgage application form and send it back to me.

You can find 2 forms below (attached to this page, please confirm with me which one you need to fill!)

 
Here is the link to calculators you can use to see different financial options and rates: 

https://alexprice.ca/mortgage-calculator
  

Explanation of the purchase process:

https://www.nohouse.ca/buying_tips.12steps.ALEXPRICE

Here is the link to my YouTube channel where you can educate yourself on real estate purchase/sale process:

https://www.youtube.com/channel/UCDP_K6bnrr1sdEOaDYy_5kA/videos?

You will also need to request a mortgage application form from me, fill it and send it back to me.

Please give me a call anytime if you have questions: 647-403-4282, Alex Price, Broker