I would like to move forward with my pre-approval. What exactly will I need?

July 9, 2009

You will be required to provide the following list of information to your mortgage professional to finalize the mortgage:

  • Confirmation of income or employment earnings

  • Current bank information

  • Evidence of your down payment

  • List of assets

  • List of liabilities

  • Contact information for your lawyer

  • Copy of the Purchase Agreement

  • Copy of the MLS listing

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A reminder on the idea of making our mortgage tax deductible

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With investments doing so poorly, would be to our benefit to pay down on our mortgage while we are below at such a low prime ?