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Phone: 519-756-4602

Mobile: 519-756-4602

What Information Is Required To Be Preapproved For Mortgage?

If you are applying for a preapproved mortgage, have following information ready to give to your Mortgage Intelligence Consultant:

john_stysHave your employer give you a letter on company letterhead outlining your name, position, gross annual income, and number of years employed with the company.

john_stysIf you are self-employed, you will need three years financial statements, and tax returns (together with official assessment from Revenue Canada).

john_stysSocial Insurance Numbers.

john_stysAt least 3 years history of residences and employers.

john_stysKnow your banking information (i.e. institutions name, address, type of accounts, account numbers).

john_stysKnow your assets and their value (i.e. cash amounts, stocks, bonds, RRSPs, car).

john_stysKnow your liabilities (i.e. car loan, credit card balances).

john_stysAlso, be sure and advise your Mortgage Intelligence Consultant about any past credit problems you may have had.

john_stysFinally, write down a list of questions you would like to have answered.