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Chetram and Jean Ramautor

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Chetram and Jean Ramautor - Royal Lepage Sales Representatives

Helpful Information

What Information Does a Financial Institution Require?

Listed below are the items any financial institution will require in order for you to obtain mortgage financing.
Applicant(s) to Provide

  • Social Insurance Number
  • Date of Birth
  • Details on any loans or debts (Institution Name/Car Loans/Credit Cards, etc)
  • Verification of Down payment (Copies of Passbooks, GIC’s, RRSP, etc)
  • Application/Appraisal Fee(s)
  • Proof of Fire Insurance (Lawyer verifies on closing)
  • Verification of Employment (Letter from employer identifying position, gross income, & years of service AND if self employed, 3 years financial statements & tax returns)
and if applicable...
  • Gift Letter
  • Verification of Bankruptcy Discharge
  • Copy of Divorce/Separation Agreement

Real Estate Agent to Provide

  • Copy of Offer to Purchase
  • Copy of Property Listing (Floor Plan if Purchasing a New Home)
  • Copy of Survey
  • Rural Properties- Copy of Well & Septic Certificates



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