Support you receive counts as income if a judgment or written agreement sets it and it has been paid for several months. Support you pay counts as debt.
Start with what you’re trying to do and when, not the rate. The date decides which lenders have time for your file and what has to be ready before you commit.
Lender by lender
Each one has its own view on income, property types and credit. That’s why a single refusal doesn’t predict the next answer, and why the order you submit in isn’t random.
One clean submission
Incomplete files bounce back and forth, and that’s where the weeks go. Income proof, down payment records and property papers together before you send it. That keeps a tight deadline alive.
Documents to gather
What the lender will ask for.
Aim of the file
Income and documents
Debts and credit
Property or security
Target timeline
Lender options
Frequently asked
Which documents should I gather?+
Your last two notices of assessment, recent pay stubs, an employment letter, three months of bank statements and proof of your down payment. Before the offer, they make a five-day financing condition workable. After, you’re looking at extra 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.
