Mortgage Documents

Okanagan Real Estate - Mortgage Documents

Documents Needed to Process Your Mortgage Application

To ensure the success of your mortgage application ALL applicants and co-applicants should make a copy of this checklist and provide the required documentation as early as possible in the process.

Confirmation of your employment and income

  • Copy of your most recent pay cheque.
  • Copy of last Income Tax T-4 slip.
  • Revenue Canada Tax Assessment.
  • Confirmation of the funds you will be using for your down payment.
  • Gift Letter - if any part of your down payment is being "gifted" to you.
  • Bank statements for the previous 3 months.
  • RRSP Statements.

Selling one home and buying another:

  • Survey of the property showing the position of the dwelling on the lot.
  • Documentation on the sale of your present home if applicable.
  • Municipal Tax Notice/Proof of Payment.
  • Copy of current mortgage statement showing balance owing.
  • Mortgage renewal agreement.

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