• • If you receive a salary or work hourly for a set number of hours, provide:
    1. Two recent pay stub showing your name, your employer’s name, the pay date, and pay amount. These pay stubs must be no more than 30 days old.
    2. A job letter. Job letters, or letters of employment, must be on company letterhead and should comment on the following: your name, the company’s address details, your start date, your position title, guaranteed salary or hourly pay amount and guaranteed hours, and the contact details (phone and email) of the human resources contact who wrote the letter. The letter must be written within the last 30 days. If on maternity/paternity leave, ensure your job letter shows the return date and salary/income upon return.

• If your income has some variability because you work on commissions, work some overtime, are on contract, or are receiving a bonus, gratuities, or investments, provide your two most recent Notice of Assessments (NOAs) from Canada Revenue Agency (CRA).
• If you are self-employed, provide:
  • The most recent two years’ NOAs
  • Your business license, articles of incorporation, or GST registration number
• If you earn rental income, provide a copy of each lease, as well as one of:
  • A Canada Revenue Agency T776 Statement of Real Estate Rentals
  • Two year’s of T1 generals (personal tax returns)
  • Two year’s of NOAs
• If you received Canada Child Benefit (CCB), provide:
  • Canada Child Benefit Statement or Statement of Income from the CRA website
  • A copy of your child’s/children’s’ birth certificate(s) as proof of age
• If you earn Alimony/Child Support, provide NOAs and the full separation/support agreement.

• If your down payment is coming from personal savings (within a savings, chequings, TFSA, RRSP, etc account), a lender will need 90-days of bank statements to prove that funds have been accumulated gradually.
• If your down payment is coming either fully or partially from a gift, ensure that the bank statements you provide show that the funds have been deposited into your account. You will also need to get a gift letter signed.
• If your down payment is coming from the sale of another property, provide a copy of the final sale agreement for that home, a recent mortgage statement for that sold property, as well as a Trust Ledger from your lawyer.
• If you are borrowing from a secured line of credit (sLOC) or home equity line of credit (HELOC), you need a copy of the line of credit statement or a screenshot of your online account showing that the funds have been withdrawn.
• For the deposit placed on the property alongside your offer, provide an account withdrawal receipt/ photo of the original draft slip and deposit receipt or wire transfer receipt of the deposit. In the bank statements you provide, ensure that they show the deposit funds being withdrawn from your bank account.

• A printed online or detailed Realtor copy.

• Provide the Agreement of Purchase and Sale (APS) signed by all parties.
• If you have conditions (finance, inspection, etc) on your APS, you will need to provide the Notice of Fulfillment of each condition once they are fulfilled.

Tip

Make sure it’s legible, all dates are entered and all witness lines have signatures.

Note that in order to close the mortgage, all conditions must be waived at least 10 business days before closing.

• A photo/scan of a physical cheque with the word ‘VOID’ written on it or an online banking Pre-Authorized Debit (PAD) form.
• This cheque include the details of the account where you would like your mortgage payments to be deducted from. 

• A copy of TWO pieces of personal identification. Acceptable IDs are: Ontario Driver’s License, Canadian passport, Permanent Residency card, Canadian Citizenship card, or other government-issued photo ID (a Health card is not an acceptable form of ID).

• If your income is salary or wages, provide:
  1. A recent pay stub showing the pay date, pay amount, your name and the employer’s name.
  2. A job letter. Job letters should be on company letterhead and show your start date, position, guaranteed salary/wages, and a human resources contact with phone number.
• If any of your income comes from a bonus, commissions, overtime, a contract, gratuities or investments, provide the most recent two year’s Notice of Assessments (NOAs) from Canada Revenue Agency (CRA).
• If you are self-employed, provide:
  • The most recent two years’ NOAs
  • Your business license, articles of incorporation, or GST registration number
• If you earn rental income, provide a copy of each lease, as well as one of:
  • A Canada Revenue Agency T776 Statement of Real Estate Rentals
  • Two year’s of T1 generals (personal tax returns)
  • Two year’s of NOAs
• If you earn Alimony/Child Support, provide NOAs and the full separation/support agreement.
• If on maternity/paternity leave, ensure your job letter shows the return date and salary/income upon return.

• Must show your name, property address, balance or original mortgage amount, and monthly payment.

Tip

Online screenshots are OK if they show all of the required information.

• Latest property tax statement and/or proof of payment of tax due.

• This can be a copy of your latest homeowner’s insurance statement or a copy of the insurance policy itself.

• This cheque is used by the lender to deduct payments from.

• Copy of driver’s license, passport, or other government-issued photo ID (but not a Health card).

Tip

All ID text, photos and numbers must be clearly visible.

• If your income is salary or wages, provide:
  1. A recent pay stub showing the pay date, pay amount, your name and the employer’s name.
  2. A job letter. Job letters should be on company letterhead and show your start date, position, guaranteed salary/wages, and a human resources contact with phone number.
• If any of your income comes from a bonus, commissions, overtime, a contract, gratuities or investments, provide the most recent two year’s Notice of Assessments (NOAs) from Canada Revenue Agency (CRA).
• If you are self-employed, provide:
  • The most recent two years’ NOAs
  • Your business license, articles of incorporation, or GST registration number
• If you earn rental income, provide a copy of each lease, as well as one of:
  • A Canada Revenue Agency T776 Statement of Real Estate Rentals
  • Two year’s of T1 generals (personal tax returns)
  • Two year’s of NOAs
• If you earn Alimony/Child Support, provide NOAs and the full separation/support agreement.
• If on maternity/paternity leave, ensure your job letter shows the return date and salary/income upon return.

• Must show your name, property address, balance or original mortgage amount, and monthly payment.

Tip

Online screenshots are OK if they show all of the required information.

• Latest property tax statement and/or proof of payment of tax due.

• This can be a copy of your latest homeowner’s insurance statement or a copy of the insurance policy itself.

• This cheque is used by the lender to deduct payments from.

• Copy of driver’s license, passport, or other government-issued photo ID (but not a Health card).

Tip

All ID text, photos and numbers must be clearly visible.