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Confirm your down payment and financial information. If you're pre-approved, your CIBC Pre-Approval Certificate; Evidence of how you'll make your down payment: Savings or investment statement from the past 90 days; If you're selling your current home, a copy of the agreement of purchase and sale Opens a popup.; plus, a copy of a recent mortgage ...
Oct 10, 2024 · Dear [Borrower Name], We are excited to inform you that you have been pre-approved for a portfolio mortgage loan up to $750,000. This pre-approval is based on the information you have provided in your mortgage application and is subject to the following conditions: 1. 25% down payment. 2.
Dec 9, 2023 · Annual tax statement for each property you own. 3. Sale Agreement. If you’re selling a property, provide the contract for the sale. 4. Rental Tenancy Agreement. For those earning rental income, a copy of the agreement with your tenant is required. 5. Condo Board Letter.
Sep 6, 2024 · Pre-approval letter (if applicable) – If you were pre-approved for a mortgage (which is highly recommended), your lender will want to see this documentation. Credit report – Your lender will pull this report on your behalf, which will show your credit score and will help prove your creditworthiness. You can check your credit score for free ...
Apr 20, 2022 · There is also the aspect of compiling a slew of mortgage documents. Most of the documents needed for mortgage Canada are required by the lender to prove that you are capable of repaying the loan. There are about 5 main categories namely; employment and income documents, personal finance documents, down payment documents, property documents, and ...
For rural properties, well and septic certificates. Lawyer’s name, address, postal code, telephone and fax number. The information noted above is not exhaustive: additional documents and/or information may be requested when you apply for a mortgage. The Required Mortgage Documents Checklist has been developed for guideline purposes only.
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Sep 27, 2024 · To start the mortgage pre-approval process, you’ll need to provide your lender with several documents that prove your identity, credit history, employment and income history, cash reserves, and current debts. Your lender requires these documents to evaluate your creditworthiness and lending risk to determine whether you qualify for a pre ...
