Let Us Do Your Homework!

RE/MAX Real Estate Centre Inc., Brokerage logo RE/MAX Real Estate Centre Inc., Brokerage
720 Guelph Line, Burlington, ON  L7R 4E2

Getting ready to see the Lender

Remember that impressions count. The best way to make a good impression is be prepared. Gather the following information to submit to your lender:

  • Current statement of earnings of all purchasers
  • Updated bank account balance(s)
  • Current credit card statements
  • Car loan or lease information
  • Other debt information
  • All asset information:
    - vehicle information
    - home furnishings
    - investments
    - vacation property (trailer, timeshare)
    - collectibles (they must be professionally appraised)
  • Projected down payment information

Names, addresses and telephone numbers of:

  • Employer(s)
  • Chequing/savings account bank branch and contact
  • Broker
  • Landlord
You may also wish to do a rough calculation to figure out your debt service ratio. This will give you a rough idea of where you stand before you see your lender.