Document Checklist

A simplified breakdown of what we need to get started.

It all starts by identifying what needs to get done and in what order. GreaterThan mortgage specialists are passionate about the process because the process is what saves you time, frustration and keeps everything pointed in the right direction. Before you begin an application for a mortgage with GreaterThan, here are some handy reference guides for what type of documentation we’re going to need to see from you.

 

Document Checklist – If you’re an Employee

Two pieces of government issued ID, including at least one photo ID

Most recent pay statement

Letter of employment

Most recent T4

Most recent 90 day history on your down payment savings

To help offer you the BEST range of solutions, we may also ask for:

Last years’ T4 (if you work overtime, receive any bonus income, or have any variable income such as commissions)

Direct deposit confirmation of your Child Tax Benefit

Retirement Pension Income (such as CPP, OAS, or Company Pension T4A’s)

Signed Separation Agreement (to confirm spousal support)

Document Checklist – If you’re Self-Employed

Two pieces of government issued ID, including at least one photo

Most recent 2 years T1 Generals (aka full tax returns)

Most recent 2 years Notice of Assessments (NOA's)

Master Business License OR Articles of Incorporation

Most recent 90 day history on your down payment savings

To help offer you the BEST range of solutions, we may also ask for:

6 – 12 months business bank account history

Accountant prepared business financial statements

Most recent T4A’s for salary and/or dividend income from your corporation

Confirmation that your personal taxes have been paid

Looking to Refinance or renew your mortgage?

In addition to the above, we’ll also need:

Final property tax bill from last year

Most recent mortgage statement

Looking to Purchase an Investment Property OR already own an Investment Property?

In addition to the above, we’ll also need:

Most recent year property tax bill for any property you own

Most recent mortagage statement for any property you own 

Signed lease agreement

3 months' bank account history confirming rental income deposits

Confirmation of monthly condo fees (if applicable)

 

Looking to save this checklist for future use? Click here to download a printable page.

Banks vs. Brokers

In an industry with a history of replicating the norm, GreaterThan was built to challenge the status quo and do things differently. We’ve experienced what works and what could be done better so we’re doing just that, becoming GreaterThan.

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