Documents Required for the Purchase of a Property

Required Documents

Buying a home?

Below is a mortgage document checklist to ensure you have all required documents when buying a home. This list is neither exhaustive nor inclusive and serves as guideline purposes only.

Employment and income verification:

Letter of employment including the date you were hired, your position and your gross income
Employment contract, if necessary
Copy of latest pay stubs showing year-to-date income
Most recent RRSP and investment statements
90 day history of the account or accounts in which your down payment currently is
*The 2 most recent notices of assessments may be required

Information that describes the property you are buying :

MLS listing with Photo
Purchase and sale agreement
Contact details of the notary
Most recent property tax statement
The property’s estimated electricity costs
The well water test results, if necessary
The certificate of location
Current homeowner insurance policy
*The 2 most recent notices of assessments may be required

Buying and renovating a home?

Below is a mortgage document checklist to ensure you have all required documents when buying and renovating a home. This list is neither exhaustive nor inclusive and serves as guideline purposes only.

Employment and income verification :

Letter of employment including the date you were hired, your position and your gross income
Employment contract, if necessary
Copy of latest pay stubs showing year-to-date income
Most recent RRSP and investment statements
90 day history of the account or accounts in which your down payment currently is
*The 2 most recent notices of assessments may be required

Information that describes the property you are buying and renovating :

The contractor bid
MLS listing with Photo
Purchase and sale agreement
Contact details of the notary
Most recent property tax statement
The property’s estimated electricity costs
The well water test results, if necessary
The certificate of location
Current homeowner insurance policy
*The 2 most recent notices of assessments may be required

Building your own home?

Below is a mortgage document checklist to ensure you have all required documents when building your own home. This list is neither exhaustive nor inclusive and serves as guideline purposes only.

Employment and income verification:

Letter of employment including the date you were hired, your position and your gross income
Employment contract, if necessary
Copy of latest pay stubs showing year-to-date income
Most recent RRSP and investment statements
90 day history of the account or accounts in which your down payment currently is
*The 2 most recent notices of assessments may be required

Information that describes the property you are building :

The Property’s Offer to Purchase
The contractor bid and a cost calculation grid
The building plan
MLS listing with Photo
Purchase and sale agreement
Contact details of the notary
Property tax statement
The property’s estimated electricity costs
The well water test results, if necessary
Current homeowner insurance policy
*The 2 most recent notices of assessments may be required

Consolidating your debts?

Below is a mortgage document checklist to ensure you have all required documents when consolidating your debts. This list is neither exhaustive nor inclusive and serves as guideline purposes only.

Employment and income verification :

Letter of employment including the date you were hired, your position and your gross income
Employment contract, if necessary
Copy of latest pay stubs showing year-to-date income
Most recent RRSP and investment statements
Most recent loan statements showing how much you owe
*The 2 most recent notices of assessments may be required

Information that describes the property :

Loan agreement
The certificate of location
Current homeowner insurance policy
Property tax statement
Latest mortgage statement
*The 2 most recent notices of assessments may be required

Lease agreement, if necessary

Renewing or refinancing?

Below is a mortgage document checklist to ensure you have all required documents when renewing or refinancing your mortgage. This list is neither exhaustive nor inclusive and serves as guideline purposes only.

Employment and income verification :

Letter of employment including the date you were hired, your position and your gross income
Employment contract, if necessary
Copy of latest pay stubs showing year-to-date income
Most recent RRSP and investment statements
Most recent loan statements showing how much you owe
*The 2 most recent notices of assessments may be required

Information that describes the property :

Loan agreement
The certificate of location
Current homeowner insurance policy
Property tax statement
Latest mortgage statement
*The 2 most recent notices of assessments may be required

Lease agreement, if necessary