Welcome to TheMortgageShoppe.ca
Mortgage Approval Process

   Becoming pre-approved for a mortgage is a wise strategy. TheMortgageShoppe.ca can help ensure that your information is put together in the best possible light to ensure that you obtain the best possible mortgage.

   Additionally, TheMortgageShoppe.ca will arrange to "lock-in" your interest rate - valuable reassurance for your endeavour.

(IMPORTANT NOTE - Many times, home buyers have gone to a bank directly and obtained a "pre-approval" from the bank. When it came time to process their mortgage however, the clients found that the bank would not honour the "pre-approval" because of technicalities. As a result, the buyers have lost their dream home to other buyers. AVOID THIS, by allowing TheMortgageShoppe.ca to obtain a legitimate pre-approval, which includes a written committment, that WILL be honoured for you.)

    The mortgage application process is one of documenting the applicants' assets and liabilities, providing a record of good credit, and demonstrating income stability. The following is a check-list:

• Employment History for Past 3 Years
• Letter from Current Employer - stating position, hours worked, wages paid, length of employment, not on probation
• Copy of Last Pay Stub
• Copy of Previous T-4's
• Residential Address(es) for Past 3 Years
• Gift Letter (if applicable)
• Past 3 Months of Bank Statements (demonstrates source of down payment)
• Different documentation may apply for self-employed individuals

Prolink Mortgages is the top Canadian mortgage broker. Prolink Mortgages is a full member of CAAMP (Canadian Association of Accredited Mortgage Professionals). "Mortgage Shoppe" & "TheMortgageShoppe.ca" is/are trademark(s) of Quasar