RE/MAX Balloon
Bill Macklem
W.R.(Bill) Macklem Mortgage Services Ltd
#100 - 5000 Bridge Street, Delta, B.C. V4K 2K4
Phone: (604) 946-8000 Fax: (604) 946-7272
Email:
mortgages@bcrealestate.net (Bill Macklem)



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MORTGAGE
APPLICATION
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CALCULATOR
C.M.H.C.
GUIDELINES
1ST TIME BUYER
INFORMATION
THE APPROVAL
PROCESS
HELP ENSURE
YOUR SUCCESS
LEARN ABOUT
BUYER AGENCY
DOCUMENTATION NEEDED TO PROCESS
YOUR MORTGAGE APPLICATION


To ensure the success of your mortgage application ALL applicants and co-applicants should make a copy of this checklist and provide the required documentation as early as possible in the process.

__ Confirmation of your employment and income
__ Copy of your most recent pay cheque
__ Copy of last Income Tax T-4 slip
__ Revenue Canada Tax Assessment
__ Confirmation of the funds you will be using for your down payment
__ Gift Letter - if any part of your down payment is being "gifted" to you
__ Bank Statements for the previous 3 months
__ RRSP Statement(s)

Refinancing  OR  Selling one home and Buying another:
__ Survey of the property showing the position of the dwelling on the lot
__ Documentation on the sale of your present home if applicable
__ Municipal Tax Notice / Proof of Payment
__ Copy of current mortgage statement showing balance owing
__ Mortgage renewal agreement

New Homes:
__ New Home Warranty enrollment certificate &/or occupancy permit

CALCULATING THE FUNDS NEEDED TO CLOSE YOUR PURCHASE:
INITIAL DEPOSIT (when your offer is accepted)
DEPOSIT INCREASE (upon subject removal)
BALANCE OF DOWN PAYMENT (on closing date)
CMHC PROCESSING FEE
PROPERTY TRANSFER TAX
PROPERTY TAX ADJUSTMENT
INTEREST ADJUSTMENT
APPRAISAL FEES
BUILDING INSPECTION
SITE SURVEY
CONFIRMATION OF INSURANCE (Binder)
HOME OWNER'S INSURANCE
LEGAL FEES (Conveyance)
MORTGAGE BROKERAGE FEES (when applicable)
MISCELLANEOUS

TOTAL FUNDS REQUIRED:
$____________
$____________
$____________
$____________
$____________
$____________
$____________
$____________
$____________
$____________
$____________
$____________
$____________
$____________
$____________

$____________


Print this page out to help guide yourself through the process.

The information above is believed to be accurate but things do change.
Please be sure to ask Bill about any recent updates in the legislation.


"Your Partner in Closing"
RE/MAX MORTGAGE SERVICES
W.R. (Bill) Macklem Mortgage Services Ltd.
#100 - 5000 Bridge Street, Delta, B.C. V4K 2K4
Phone: (604) 946-8000   Fax: (604) 946-7272
Email: mortgages@bcrealestate.net (Bill Macklem)

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