Checklist
What to have ready
Gathering these before the first call routinely saves a week. Bring what applies to you and ignore the rest.
Everyone
- Government photo ID for each applicant, current and not expired
- Confirmation of your current address
- Void cheque or a pre-authorised debit form for the payment account
- Down payment source: 90 days of statements for every account holding the funds
- Signed gift letter, if any of the down payment is gifted by an immediate family member
- Details of every debt: balances, minimum payments and interest rates
If you are employed
- Two most recent pay stubs
- Letter of employment stating position, salary, start date and whether you are permanent or probationary
- Two years of T4s
- Two years of Notices of Assessment
- Recent bonus or commission history, if either forms part of your income
If you are self-employed
- Two years of T1 Generals with every schedule attached, not only the summary pages
- Two years of Notices of Assessment
- Two years of business financial statements, or T2 corporate returns if incorporated
- Six to twelve months of business bank statements
- Articles of incorporation, master business licence or HST registration
- CRA statement of account confirming personal and business taxes are current
- Contracts, invoices or a client list showing the business is active now
If you already own the property
- Current mortgage statement showing balance, rate, maturity date and payout penalty in writing
- Most recent property tax bill and confirmation the account is current
- Home insurance policy details
- Condo maintenance fee amount and the status certificate, for condominiums
- Existing leases, if any part of the property is rented
If you are buying
- Accepted purchase agreement with all schedules and any amendments
- MLS listing for the property
- Your lawyer's name, firm and contact details
- Condominium status certificate, if applicable
- Well and septic certificates, for rural properties
Situation-specific
- Separation agreement, signed and finalised, for a spousal buyout
- Certificate of full performance or discharge, following a consumer proposal or bankruptcy
- Trustee payout figure, if a proposal is still active
- Passport and permanent resident card or work permit, for newcomer programs
- Written contractor quotes, for renovation financing
- Rent roll, leases and operating statements, for commercial and multi-unit property
We do not collect your SIN, date of birth or bank account numbers through this website. Those are only ever collected inside a lender's secure application system.