Mortgage Application and Credit Check Consent Form

Canadians should be proud of our banking system, we have one of the strongest banking systems in the world. Because of our regulations, thorough mortgage application process and common sense approach to lending money. We managed to avoid a major melt down of our financial system, unlike our neighbors to the south the USA

Below is a typical mortgage application most banks use, long and detailed, try to fill out this application as accurately and complete as possible. These questions will eventually need to be answered and verifyed for accuracey before any mortgage will be granted.

It is my responsiblity to you my client and the lending institution, to make sure that you are entering into a mortgage that is right for you and a mortgage that you can afford. Your co opertration is greatly appreciated.

All the infomation you provide is strictly confidential and secure. We will only use this information for the purpose of securing you a mortgage.

Mortgage Calculator
Loan Amount	Term of Loan (Years)	Annual Interest Rate
$		%
Results
Monthly Payment $		Number of Payments

Mortgage Details
Type of Loan:
Approx. Date Funds Required:
Mortgage Amount Required:
Accepted Offer & Date Conditions Expire:
Address of mortgage required:
MLS # if applicable:
Do you have a copy of the agreement of purchase and sale?:
Number of applicants:

Personal Information

Applicant 1
First Name:	Last Name:

Date of Birth: (YYYY/MM/DD)

Sin Number:	Drivers License #:

Home Phone:	Cell Phone:

E-Mail Address:

Contact Method:	# of Dependants:

First Time Buyers:

Applicant 2
First Name:	Last Name:

Date of Birth: (YYYY/MM/DD)

Sin Number:	Drivers License #:

Home Phone:	Cell Phone:

E-Mail Address:

Contact Method:	# of Dependants:

First Time Buyers:

Identification

Applicant 1
Type:	Expiry Date:

Applicant 2
Type:	Expiry Date:

Current Living Address

Applicant 1
Street Number:	Streen Name:

Unit/Apt Num:

City:	Province:

Postal Code:	Staus:

Time at Residence (Years):	Time at Residence (Months):

If Renting, Payment Amount:

Applicant 2
Street Number:	Streen Name:

Unit/Apt Num:

City:	Province:

Postal Code:	Staus:

Time at Residence (Years):	Time at Residence (Months):

If Renting, Payment Amount:

Previous Address {if less than three years}

Applicant 1
Street Number:	Streen Name:

Unit/Apt Num:

City:	Province:

Postal Code:	Status:

Time at Residence (Years):	Time at Residence (Months):

Applicant 2
Street Number:	Streen Name:

Unit/Apt Num:

City:	Province:

Postal Code:	Status:

Time at Residence (Years):	Time at Residence (Months):

Mailing Address {If Different}

Applicant 1
Street Number:	Streen Name:

Unit/Apt Num:

City:	Province:

Postal Code:

Applicant 2
Street Number:	Streen Name:

Unit/Apt Num:

City:	Province:

Postal Code:

Present Employment Information
Applicant 1

Name of Employer:	Self Emloyed:

Status:	Copany Name:

Employment Type:	Operating As:

Address:	Gross Revenue:
	$
Number:	Job Title:

Street Name:	Occupation:

Unit:	Industy Sector:

City:	Income Type:

Province:	Pay Periods:

Postal Code:	Employment Length: (Years & Months)

Extension:	Annual Amount:
	$
Fax:

Previous Employment Info {If less than 3 years}
Applicant 1

Name of Employer:	Self Emloyed:

Status:	Copany Name:

Employment Type:	Operating As:

Address:	Gross Revenue:
	$
Number:	Job Title:

Street Name:	Occupation:

Unit:	Industy Sector:

City:	Income Type:

Province:	Pay Periods:

Postal Code:	Employment Length: (Years & Months)

Extension:	Annual Amount:
	$
Fax:

Present Employment Information
Applicant 2

Name of Employer:	Self Emloyed:

Status:	Copany Name:

Employment Type:	Operating As:

Address:	Gross Revenue:
	$
Number:	Job Title:

Street Name:	Occupation:

Unit:	Industy Sector:

City:	Income Type:

Province:	Pay Periods:

Postal Code:	Employment Length: (Years & Months)

Extension:	Annual Amount:
	$
Fax:

Previous Employment Info {If less than 3 years}
Applicant 2

Name of Employer:	Self Emloyed:

Status:	Copany Name:

Employment Type:	Operating As:

Address:	Gross Revenue:
	$
Number:	Job Title:

Street Name:	Occupation:

Unit:	Industy Sector:

City:	Income Type:

Province:	Pay Periods:

Postal Code:	Employment Length: (Years & Months)

Extension:	Annual Amount:
	$
Fax:

Other Income

Applicant 1
Type:	Annual Amount:
	$

Applicant 2
Type:	Annual Amount:
	$

Financial Information
	Applicant 1		Applicant 2
Type of Asset	Description	Value	Description	Value
Present Home		$		$
Saving Account		$		$
Chequing account		$		$
RRSP		$		$
Gift		$		$
Vehicle		$		$
Stocks		$		$
Bonds		$		$
Mutual		$		$
House hold goods		$		$
Investments		$		$
Other properties		$		$
Vacation property		$		$
Other		$		$
Additional Information
Amount of deposit:	{if applicable}	$		$
Source of deposit:	{if a purchase}	$		$
Last year you filed income tax:

Liabilities
Type	Where/Financial Institution(s)	Balancing Owing	Monthly Payments
Bank Loans		$	$
		$	$
		$	$
Credit Cards		$	$
		$	$
		$	$
		$	$
Owing on Automobiles		$	$
		$	$
Amount owning on first mortgage		$	$
Amount owning on second mortgage		$	$
Mortgage number of first mortgage		$	$
Mortgage number of second mortgage		$	$
Finance company loans and other debts		$	$
		$	$
		$	$
		$	$
Alimony/Child Support		$	$

Note to broker and name of agent this application is directed to:

Required Documents
Note: The following documents are required to be summited with all mortgage applications
Employee's Documents A photo copy of identification. Most recent pay stub or pay showing year-to-date earnings. Letter of employment, {on company letter head} stating the length of employment, your position and salary.T4 Tax slip or slips. NOA- Notice of assessment from most recent tax return to show if any taxes are owing.
Self Employed T1 General Income tax form- most recent copy. (Some lenders may request 3 years of returns). Maybe required to provide copies of business financial statements, personal and or corporate tax returns. Bank statements - to demonstrate current cash flow. Audited Financial Statements of "business for self" when applicable.

Money Matters Consent Form
By checking this check box I acknowledge I have read the Money Matters consent form and I consent to my credit being checked.

Submission and Acknowledgment
Applicant 1	Applicant 2
This information is accurate and true to the best of my knowledge	This information is accurate and true to the best of my knowledge