What documents are required to get a mortgage in Canada?
Well, the good news is when you buy your new home through Houski, we automatically collect the majority of your required mortgage documentation for you, automatically.
So, you don't really need to know this stuff - unless you are officially a true mortgage nerd that's on a quest to impress your friends with your super cool mortgage knowledge. 😎
Keep in mind that you will need these documents for each person on the mortgage application, except for things like joint bank accounts or assets.
You will always need
Some personal identification:
If you are employed
...and the hours you work are guaranteed (for example, being on a salary):
...and the hours you work are part-time, seasonal, or in any way not guaranteed:
If you are self-employed
If you receive COMmISSION
If you receive child support
If you receive a pension
If USING MONEY FROM own corporation
If you receive CHILD BENEFITS
For each property you already own
For each property you are selling
Phew, that's a lot of stuff to know!
If you have any questions, feel free to chat with us anytime.