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Arranging a mortgage

Getting Ready (to see a lender)


Getting Ready

Remember that impressions count. The best way to make a good impression is be prepared. Gather the following information to submit to your lender:
  • Current statement of earnings of all purchasers
  • Updated bank account balance(s)
  • Current credit card statements
  • Car loan or lease information
  • Other debt information
  • All asset information:
    - vehicle information
    - home furnishings
    - investments
    - vacation property (trailer, timeshare)
    - collectibles (they must be professionally appraised)
  • Projected down payment information

Names, addresses and telephone numbers of:
  • Employer(s)
  • Chequing/savings account bank branch and contact
  • Broker
  • Landlord
You may also wish to do a rough calculation to figure out your debt service ratio. This will give you a rough idea of where you stand before you see your lender.
Arranging a mortgage
Getting Ready (to see a lender)

Getting Ready

Remember that impressions count. The best way to make a good impression is be prepared. Gather the following information to submit to your lender:
  • Current statement of earnings of all purchasers
  • Updated bank account balance(s)
  • Current credit card statements
  • Car loan or lease information
  • Other debt information
  • All asset information:
    - vehicle information
    - home furnishings
    - investments
    - vacation property (trailer, timeshare)
    - collectibles (they must be professionally appraised)
  • Projected down payment information

Names, addresses and telephone numbers of:
  • Employer(s)
  • Chequing/savings account bank branch and contact
  • Broker
  • Landlord
You may also wish to do a rough calculation to figure out your debt service ratio. This will give you a rough idea of where you stand before you see your lender.
1. Determining Your Needs
2. Arranging a mortgage
3. The Offer
4. Closing
5. The Move