Have these ready before our call and we can move fast. Don't have everything? Call anyway — we'll figure it out.
Every mortgage is a little different, but there's a core list of documents almost every lender will ask for. Having these in one place before our first call saves days on your timeline. Pick the column that fits your situation.
If you receive a regular paycheque from an employer.
Sole proprietor, incorporated business, or commission-based income.
For any transaction — purchase, refinance, or power-of-sale stop — we'll also need:
A list of each debt you want to consolidate: creditor name, current balance, interest rate, and minimum monthly payment. Statements from the last month are ideal.
Any Statement of Claim or Notice of Sale under Mortgage you've received. The arrears balance. Any correspondence from the lender or their lawyer. More on power of sale here.
Work permit or PR card. Proof of income from your current employer. Foreign credit report if available (Equifax and TransUnion offer this). Recent bank statements from a Canadian bank.
Two pieces of ID. Property details. Current mortgage information (if any). Income is less critical for reverse mortgages but may still be requested.
I'd rather spend 15 minutes on the phone understanding your situation than have you wait until you've tracked down every single document. We can figure out what's actually needed for your specific deal — and usually there are workarounds when something's missing.