Mortgage checklist – Invis – Loan App Checklist

Mortgage Application Checklist

In general, the documentation you will need includes:

Property Information (if you already have a contract on a house)

Purchase Agreement.

Copy of MLS listing.

If you have sold your current home, copy of sales contract.

Income & Assets

Pay stubs for the last 30 days.

	Names and addresses of each employer for the last three years.
	Current job letter
	T4 and/or Notice of assessments.

Statements for each bank, mutual fund, and/or investment account for the last three months to verify source of down payment.

Estimated value of personal assets.

If you have made any large deposits to your accounts:

Explanation and source for deposit.

If large deposit was a gift:

	Signed gift letter (we can supply a form).
	Copy of deposit receipt.

If self-employed:

Documention requirements will vary with the lender. In many cases, OAC stated income can be used.

If you own rental property:

Current rental agreements.

If you are counting child support as income:

Copy of separation agreement.

Debts

Explanation of credit report anomalies, including:

	Late payments, credit inquiries in the last 90 days, , collections, judgments and/or liens etc.
	Bankruptcy filed within last six years

Miscellaneous

Photo ID and proof of Social Insurance number.

Residence addresses for the past three years.

Invis - Canada's Mortgage Experts #416-500 Notre Dame Drive Kamloops, BC V2C 6T6

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