When applying for mortgage financing today it is ever more important to have your paperwork organized and ready to go…
Anticipating and providing what the banks need help to increase the success for approval, and make the process more efficient when offers are written and subject removal deadlines have to be met.
Here is a list of the items that will likely be required from you:
- Your last 2 years T-1 General tax returns and the Notices of Assessment to go with each year. Why do you have to provide both? Because the banks want to see the T-1 General returns to see the source of where and how your income was earned, and the Notices of Assessment to confirm that the returns were filed properly and accurately.
- Employment letter on company