Thornhill Mortgage Lenders

Thornhill Mortgage Lenders

A Home Loan Checklist can be of great use to anyone that is looking to borrow money from banks and financial institutions to purchase a home or refinance your mortgage.
The following checklist will be helpful giving you an idea of what you may be asked to provide as part of the application process:

General Information

MLS Listing. As soon as you receive a copy of the MLS Listing from your real estate agent, please forward a copy to us. This contains a lot of valuable information which will help us to speed up the application process for you.

Purchase Agreement. As soon as you have the Purchase Agreement signed and finalized, you should send this by fax or email to our office

Personal Information

Social Insurance Number (SIN) and Date of Births. All lenders require these from you and your spouse or co-borrowers.

Divorce or Separation Papers. We require a copy of the divorce papers as well of any details regarding alimony, maintenance or spousal / child support payments.

Current Address and Phone Number. If you have lived at your current address for less than 2 years, please provide information regarding your previous address.

Your Employment Information

Employer(s) verification. Names, addresses, and telephone numbers of your employers for the past 2 years.

Income verification. In most cases lenders will require either your Notice of Assessment (NOA) for the previous year, or a Letter of Employment (LOE) plus two most recent pay stubs showing year to date earnings.

Self-employment documents. If you are self-employed, we need to know your gross and Net income for the previous year and we will also require a copy of your T1 General (T1G).

Financial Information

Assets. Lenders need to know what assets you own such as Registered Retirement Savings Plans (RRSPs), GICs, stocks, and bonds, vehicles, other properties.

Liabilities. A lender will need to know the current mortgage balances, lines of credit secured and unsecured loans, credit card debt, vehicle loans or leases.

Requirements For Closing

When it comes to closing, there are a number of things that the lawyer is going to need from you in order to close the file. They will contact you directly for this information. Typically, be prepared to bring your ID (health card is not acceptable) and also proof that your property insurance has been changed to reflect the new lender.

Speeding up the process

You can call it a checklist or a series of procedures or steps involved in the process. These steps or checklist items will help speed up the application process.
In order to get you the best mortgage rate with Thornhill Mortgage Lenders we need you to provide as much information to us as possible and as accurately as possible. The better and more complete the information that you provide the quicker we will be able to get you the right.
Working through this checklist and being prepared to provide this information as soon as possible will help us get the best rate available for you through Thornhill Mortgage Lenders.

WHAT PEOPLE ARE SAYING…

  • “I can’t say enough how great your company has been. Matthew, thank you so much for making all of this process so easy for us. Our bank would not help us and you were amazing. Your company kept us informed every step of the way, and not once were we made to feel inferior like our bank did. The lawyers you set us up with were also awesome. I will highly recommend your company to anyone looking for mortgages. Thank you so much for getting creditors off or back and setting us on the right track. You guys are all amazing. I’m also so impressed that you came to us do to everything.”

    KKP, HAMILTON
  • “I just want to say ‘thank you’ to all of you, especially Matthew. The financial stress started affecting my health and my life. I could not sleep or focus at work. Now Expert Mortgage has given me control on my life by connecting me to a great lender. I have gone from being full of stress to being stress-free.”

    M.D, Mississauga, ON
  • “The bank would not lend money on our farm unless we showed them financial statements. Since my husband passed away, my son and I were struggling to keep the farm afloat. We just needed more time. The third mortgage you got us was the miracle we needed. You believed in us and we are so grateful. Thank you.”

    S.E. Orono, ON
  • “My pig farm always made good profit but last year was brutal for the whole industry. I fell behind on my mortgage. I showed FCC that my loss was just a temporary blip and asked them to give me some leeway but they started a foreclosure anyway. Thanks for getting me that private loan to buy me some time until I’m profitable again.”

    K.O., Hawkesbury, ON
  • “My ex-wife’s lawyer gave me 30 days to buy out her half of our house or have it put up for sale. I had no job and I was in bankruptcy. My bank manager laughed at me. I thought it was hopeless until I saw your flyer. I don’t know how you qualified me for the mortgage. You’re a miracle worker. Thank you!”

    J.R. Burlington, ON
  • “We were 6 months behind on our mortgage and the Sheriff was coming in 5 days to lock us out of our home. Every other mortgage broker said NO! I can’t believe you were able to get us a second mortgage that fast. You saved our home and I will refer everyone I know to you.”

    C.C., Oshawa, ON
  • “The bank refused to value my property based on all 211 acres. They said that their ‘rules’ limited it to 5 acres. Personally, I think that’s biased against farmers. I didn’t know that you had lenders who would value my property on all the acres. I finally got a large enough loan to tie all my debt into one payment. Thanks!”

    C.R., New Dundee, ON
  • “Every time I’d walk into a bank and say the word ‘farm’ the suit on the other side of the desk would look at me like I was from another planet! They had one agricultural ‘specialist’ for the area that was not much better. Then I went to 4 mortgage brokers before I stumbled on your company. Your rates were lower than the bank.”

    M.D., Bradford, ON
  • “Our credit was destroyed after we had a bad year. We needed to expand our facility. I explained to the bank that the expansion would make us profitable. I proved it on paper. They still declined us. I never heard of your ‘no questions asked’ private loans but you gave me $500,000 with no paperwork. That was a Godsend. My wife and I appreciate it from the bottom of our hearts and we won’t let you down.”

    R.Q., Woodville, ON
  • “Once again, a big thank you for arranging our new mortgage and being able to arrange for additional funds on closing. Matthew has worked hard for me over the last few years… I have a very high level of trust in Matthew and Expert Mortgage, and will surely recommend you to anyone I know who is in need. Thank You.”

    M.Z. Brantford, ON