What documents are required to get PRE-APPROVED?

In order to help you with your mortgage pre-approval we have listed some of the basic documents required to move forward with your application. This list below if for pre-approvals only, if you are looking for the list of documents required for an approval, please click here


Are you looking for a Pre-Approval?

A pre-approval should be your first stop if you are thinking of purchasing a home.

Before setting out on your home search, you need to know how much you qualify for. A pre-approval will help you understand your buying power based on your income and credit.


Full-time SALARY & HOURLY employee

Current pay statement, must be dated no later than 30 days from your application date.


Part-time hourly WITH Guaranteed hours 

Current pay statement, must be dated no later than 30 days from your application date.

Letter of employment MUST state guaranteed hours, this is requested upfront so that we can be sure that the lender actually guarantees income in writing. It’s important to note that the lender will call your employer to verify the pay statement and letter.


Part-time hourly WITH NO Guaranteed hours 

Current pay statement, must be dated no later than 30 days from your application date.

The last 2 years Notice of Assessment’s (NOA)

The last 2 years T1 Generals

When the part-time income has no guaranteed hours, lenders will look at the last two year average to determine income


Self-Employed

Articles of Incorporation

The last 2 years Notice of Assessment’s (NOA)

The last 2 years T1 Generals

Lenders will look at the last 2 years income to determine average income


Other Income Source

Any other income is reviewed on a case by case


It’s important to note that your lender may require additional documents and those documents will be requested on your mortgage commitment.

Should you have any questions about the process or the documents required, please email me at ana@lamortgageteam.com or call me at 905.870.0513