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Mortgage Documentation Checklist

Obtaining a mortgage in the United States is different than in Canada. Due to U.S. regulatory requirements, the mortgage application and closing process takes longer and requires more documentation than in Canada. As part of our commitment to helping you move through the process smoothly, we’ve developed this list of documents typically required to complete your mortgage application. Once you submit these documents, with your completed mortgage loan application, the loan review process begins and will likely take up to 45 days to finalize.


The following documents are required as part of your mortgage loan package:
Copy of your:
  • Canadian or U.S. Driver’s License
  • Passport
  • Social Insurance Card and/or Social Security Card
If working in the U.S., a copy of your work visa
If retired, verification of retirement income
Paystub(s) reflecting 30 days and Year-to-Date income
Most recent two years T4 and/or W2 forms (statement of wages paid)
If self-employed or own investment properties:
  • Most recent two years T1 and/or 1040 forms (personal tax income return) including ALL schedules
  • Most recent two years T2 and/or 1040 forms (corporation tax income return) including ALL schedules
  • Trust documents
  • In an LLC/HoldCo – Articles of Incorporation and attorney opinion letter
For purchases under contract, a copy of the executed Purchase Contract as well as all addenda
Most recent 12 month mortgage payment history, mortgage and line of credit statements for all properties owned in Canada or abroad
Most recent insurance and property tax statements for all properties owned in Canada or abroad
Most recent two months statements (to include all pages even if blank) for the account types below. Statements must include your name, account number, bank name, beginning and ending balances and time period.
  • Personal checking and savings
  • Line of Credit if using for funds to close on home
  • RSP accounts (registered and/or non-registered)
  • Investments/brokerage if using for funds to close on home

†All loans are subject to approval, including verification of acceptable income, creditworthiness, and property valuations. Minimum and maximum property values and maximum loan-to-value ratios apply. Homeowner’s insurance is required for all loans and flood insurance is required if property is located in a Special Flood Hazard Area.