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Astra MortgageAuthor: Astra Mortgage
Looking for an investment that can make you feel proud? Yes, Real Estate is definitely such a deal. But bigger the investment, bigger the risk. How do you find what mortgage suits the best if you are just making the first purchase for yourself? We are happy to help you! Astra Mortgage is a mortgage broker firm based in Surrey,BC Canada. We help immigrants, small business owners, freelancers and salaried professionals to make it easier for them to own a house in Canada. This podcast will help you get the basic and advance level of knowledge before you visit your mortgage consultant. Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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#4 What do you need to provide to the mortgage lenders for pre-approved mortgage? All you need to know about the documents.
Thursday, 30 January, 2020
Before pre-approving your mortgage, a lender will look at your current assets like what do you own, your income and your current level of debt. You’ll need to provide your lender or mortgage broker with your identification number, proof of employment, proof or assurance that you can pay for the down payment and closing cost, information about your additional assets, such as a car, cottage or anything that may help you get a mortgage. Lender will discuss and would like you to share information about your debts or financial obligations, your future plans and your career goals. For proof of employment, your lender or mortgage broker may ask you to provide: proof of current salary or hourly pay rate (for example, a current pay stub and a letter from your employer) your position and length of time with the organisation Notices of Assessment from the Canada Revenue Agency for the past two years, if you're self-employed For proof you can pay the down payment, your lender or mortgage broker may ask you to provide recent financial statements from bank accounts or investments. Your debts or financial obligations may include: credit card balances and limits, including those on store credit cards child or spousal support amounts car loans or leases lines of credit student loans other loans Astra mortgage is one of the finest mortgage brokers in British Canada covering the entire area of Greater Vancouver Region. Visit us as astramortgage.com or find us on Facebook or Instagram and write a message to us. We look forward to help you reach your dream home. If you are serious about purchasing a home in Canada, feel free to connect with us for a free consultation by just typing ‘Free Consultation’ on our Facebook Chat or visit our website at astramortgage.com
