" We make flexible appointments around your schedule,
return all calls promptly
and keep you informed every step of the way. "
Canada Mortgage Hub understands that everyone has different needs when it comes to getting a mortgage. If this is your first time, we know you'll need a little extra help to understand the process of getting a mortgage. That's why we offer our First Time Home Buyer's package that explains everything you need to know about financing your first home. There is no obligation and the package is provided FREE.
There are also options if you are self-employed or have had credit problems in the past. Waiving traditional income requirements or making an exception to verification documents are items that are negotiable with lenders. Speak to us for further details.
First time home buyers start with a pre-approval prior to house hunting. This provides a clearer picture of what you can afford. A pre-approved mortgage guarantees your interest rate for up to 120 days even if the rates increase. If they decrease, we'll make sure you get the new lower rate. Our pre-approvals put you under no obligation and are available to you at NO COST.
For your HOME purchase, most lending institutions require the following documentation to process your application as quickly as possible:
Income verification which will include:
- Last pay stub, with year to date earnings if possible.
- Last years Revenue Canada Notice of Assessment - Form T451E(01).
- Letter from Employer
Down Payment verification which should include:
- Savings - 3 months of bank statements.
- RRSPs - statement (if applicable)
- Gift Letter (if applicable)
- Current Mortgage Statement and Current Property Assessment, if selling current home or renewing/refinancing your existing mortgage
Remember, our lenders require the above information as quickly as possible. This is to ensure that we obtain the best mortgage rates and terms for you.
Whether you are buying for the first time, renewing your mortgage or simply weighing all your options, you've come to the right place. Canada Mortgage Hub is committed to getting you the mortgage you want, when you want it.
