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You asked: What documentation will be required to process my mortgage application

We matched that to: What documentation will be required to process my mortgage application?

Once your application is submitted, it will be reviewed and we will let you know if there's any additional information that we need. Some of the information requested could include:
  • Employment/Income
  • Assets
  • Liabilities

Generally, two years of tax returns and applicable statements, certificates and promissory notes are required to verify your income, including dividend and/or interest income, and ownership of assets that generate income.

If purchasing a home:

  • Copy of the Purchase and Sale Agreement
  • Copy of the property listing or information sheet
  • Name, agency and phone number of listing broker and selling broker
  • Legal description of the subject property
  • Name and address of landlord(s) for previous 2 years, if applicable
  • Name and relationship of individual providing gift funds
  • If source of downpayment or closing costs will be from the sale of real estate - copy of the Purchase and Sale Agreement, or signed HUD-1 Settlement Statement or Closing Disclosure from closing
  • Copy of appraisal and bill of sale for personal property that has been liquidated to be applied toward downpayment or closing costs

If refinancing a home:

  • Copy of the current deed
  • Copy of homeowners and, if applicable, flood insurance binder(s) or declarations page(s)
  • Copy of recent property tax bill
  • Name, address, account number, current balance and monthly payment for all open loans secured by the property

If purchasing a condominium:

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