What Documents will you need to get together for your Mortgage Broker/Specialist or Banker to help secure your Pre-approval?

What Documents will you need to get together for your Mortgage Broker/Specialist or Banker to help secure your Pre-approval?

When buying a new home or refinancing your existing mortgage, some documentation is needed to support your mortgage request. By providing your Mortgage Broker or Mortgage Specialist with the documents on this list below, you can finalize your mortgage more efficiently.

Buying a home?

Information that describes the property you are buying: 

__ Purchase and sale agreement 

__ MLS listing with photo

__ Name, address, telephone number of your solicitor/notary. 

(As your Realtor I will get most of this to your Mortgage Broker.)

Confirmation of your down payment:

__ Savings or investments statement from within the last 90 days

__ Sale of an existing property - a copy of the sale agreement

__ Gift letter 

__ Withdrawal from RRSP through Home Buyer’s Plan

Employment verification:

__ Copy of latest pay slip 

__ T4 

__ Letter of employment 

__ T1 General and Notice of Assessment

(NOA) if self-employed

Do you currently own your home?

Information that describes your existing property: 

__ Recent mortgage statement 

__ Current homeowner insurance policy 

__ Most recent property tax

bill/statement 

__ Legal description of your property (you can find this on your original purchase agreement or your property tax statement)

Other information we may require

As part of your application process, we will ask you questions relating to what you owe and own, what some of the projected expenses relating to the property are, such as taxes, heating costs and condo fees, and whether you will be using the property to generate income.

__ Void cheque 

__ ___________________________

__ ___________________________

TREVER FLORKO - Realtor
Century 21 Assurance Realty (Kelowna)
Cell: (250) 859-5990
Office: (250) 869-0101
Fax: (250) 869-0105
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