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1. Personal Identification
- Government-issued photo ID (e.g., driver’s license, passport)
- Social Insurance Number (for credit checks and verification)
2. Proof of Income
For Salaried Employees:
- Recent pay stubs (typically last 2–3)
- Letter of employment (on company letterhead, stating position, tenure, and salary)
- Notice of Assessment (NOA) from Canada Revenue Agency (last 2 years)
For Self-Employed Individuals:
- Personal and business tax returns (last 2 years)
- Notice of Assessment (last 2 years)
- Business financial statements
- Proof of business registration or incorporation
3. Proof of Assets
- Bank statements (showing savings, investment accounts, or other liquid assets)
- Documentation for other properties owned (e.g., mortgage statements, property tax bills)
4. Proof of Down Payment
- Bank statements showing accumulation of funds over 90 days
- Gift letter (if applicable, for gifted down payments from family)
- Sale agreement for another property (if proceeds are being used)
5. Credit Information
- Authorization to perform a credit check
- Recent credit report (optional; the lender usually pulls this)
6. Property Information (when available)
Home appraisal (typically arranged by the lender)
Purchase and sale agreement
MLS listing
Property tax estimates
