Documents gathered before an offer is on the table are worth much more than the same ones gathered after. Once a deadline is running, it’s waiting on an employer or a bank that burns your days.
Proof that reads easily
Income, debts, deposits and explanations have to agree with each other. A deposit that shows up with no stated source is the number one reason a file stalls at verification.
Know what goes first
Not every document weighs the same. Notices of assessment, proof of down payment and a current employment letter change the review. A long generic list mostly slows things down.
Documents to gather
What the lender will ask for.
What the file is for
Income and documents
Debts and credit
Property or security
Target timeline
Lender options
Frequently asked
What documents should I have ready?+
Your last two notices of assessment, recent pay stubs, an employment letter, three months of bank statements and proof of your down payment. Ready before the offer, they make a five-day financing condition workable. Gathered after, they cost you weeks.
Current rates
Today’s rates, with the fine print.
These rates are indicative. Yours depends on your file, the type of mortgage (insured or not) and the lender. And look at the penalty too, it matters as much as the number.
Buying, renewing, refinancing, or something a bit out of the ordinary: tell us where you’re at, even if it’s still fuzzy. Mathieu gets back to you with next steps and the documents to pull together.
