M
ORTGAGE
A
PPLICATION
PRIMARY APPLICANT CO-APPLICANT
First Name Initial
Last Name
Birth Date (MM-DD-YY) SIN #
Marital Status Number of Dependents
Home Phone Cell Phone
Email Address Current Address City Prov
Status: OWN RENT
Postal Code Years there?
Previous address, if less than 3 years at current:
Previous Address
City Prov
Status: OWN RENT
Postal Code Years there?
EMPLOYMENT Current Employer Occupation/Job Title Employer Address City Prov
Employer Phone Number Postal Code
FULL-TIME PART-TIME Start Date Years in this industry? SEASONAL
$ SALARY HOURLY
Income Amount COMMISSION OTHER
First Name Initial
Last Name
Birth Date (MM-DD-YY) SIN #
Marital Status Number of Dependents
Home Phone Cell Phone
Email Address Current Address City Prov
Status: OWN RENT
Postal Code Years there?
Previous address, if less than 3 years at current:
Previous Address
City Prov
Status: OWN RENT
Postal Code Years there?
EMPLOYMENT Current Employer Occupation/Job Title Employer Address City Prov
Employer Phone Number Postal Code
FULL-TIME PART-TIME Start Date Years in this industry? SEASONAL
$ SALARY HOURLY
Income Amount COMMISSION OTHER
Kim Lindsay
MORTGAGE BROKER MOBILE
780-221-0132
Previous employment history, if less than 3 years at current: Current Employer Occupation/Job Title Employer Address City Prov
Employer Phone Number Postal Code
FULL-TIME PART-TIME Start Date Years in this industry? SEASONAL
$ SALARY HOURLY
Income Amount COMMISSION OTHER
Previous employment history, if less than 3 years at current:
Current Employer Occupation/Job Title Employer Address City Prov
Employer Phone Number Postal Code
FULL-TIME PART-TIME Start Date Years in this industry? SEASONAL
$ SALARY HOURLY
Income Amount COMMISSION OTHER
OTHER INCOME (all applicants)
i.e. Child Support, Spousal Support, Pension, etc.
$
Amount Description
$
Amount Description
IF YOU ARE SELF-EMPLOYED:
Business Name, operating as Business Phone Number Business Start Date
$ $
Business Address Gross Annual Revenue Income reported to CRA
Line 150 of NOA “Total Income”
Description of business, number of employees?
Who is your client/customer base?
ASSETS (all applicants)
$
Value Savings Accounts
$
Value RRSP’s
$
Value Vehicle (year, make, model)
$
Value Other
$
Value Chequing Accounts
$
Value Stocks, Bonds, Mutuals, TFSA’s
$
Value Vehicle (year, make, model)
$
LIABILITIES (all applicants)
Most liabilities (loans, credit cards, etc.) will appear on your credit report, which will review together to ensure accuracy of accounts, balances, and payments. Please list any OTHER liabilities below (i.e. spousal support, child support, wage garnishments, etc.)
$
Payment Description
$
Payment Description
CURRENT PROPERTY
(please note: a Home Equity Line of Credit is a mortgage – if you have one, please provide the information below) $
Property Address Purchase Date Original Purchase Price
$ $
Mortgage Lender Mortgage # Estimate of Current Property Value Property Tax Amount
$ $
Mortgage Balance Mortgage Payment / Frequency Interest Rate Renewal Date
Rate: FIXED VARIABLE Term: CLOSED OPEN $
Condo fee amount (if applicable) Do condo fees include heat?
Style: Bungalow Bi-level 2-Storey Split-level Other
Property type (single-family, duplex, Year Built Tenure: Freehold Leasehold Condo
mobile/modular, etc.)
Garage size: Single Double Triple None
Square footage Lot size Garage type: Attached Detached
Heat: Forced Air / Gas Electric Baseboard Hot Water Other Water: Municipal Well
Sewer: Municipal Septic Holding Tank Do you currently own any OTHER properties?
IF YOU ARE PURCHASING:
How much would you like to spend on your new home?
How much money are you planning for the down payment?
What is the source of your down payment (i.e. own resources/savings, RRSP’s, gift from family) Are you currently working with a realtor?
If so, please provide name/contact info. What type of property are you looking for? (i.e. single-family home, condo, acreage, etc.)
ADDITIONAL QUESTIONS:
As far as you are aware, how is your credit rating?
Are there any unsatisfied judgements/collections or issues on your credit report? If yes, please explain.
Have you ever declared bankruptcy?
If yes,, please provide details such as the date of occurrence, reason, and discharge date.
Please use this section to provide any additional notes you think might be pertinent to your application:
THE MORTGAGE GROUP ALBERTA LTD.
CLIENT AGREEMENT
The undersigned applicant(s) (we or us, whether there is a single applicant or more than one) covenant and agree with Name (broker): KIM LINDSAY
And with TMG The Mortgage Group Alberta Ltd. as follows:
(a) that all information we provide to you in connection with any mortgage application or other service you provide (a transaction) will be true and correct, and we acknowledge that you and any lenders or other persons to whom you submit that information will be relying on it in order to consider our application and/or determine our creditworthiness;
(b) that we hereby authorize you to obtain any further financial or other information you may require concerning us in connection with a transaction from any sources to which you may apply and each such source is hereby authorized to provide you with such information;
(c) provided you use our personal information only for the purposes of a transaction, that we hereby authorize you to disclose to any lender, credit bureau, insurer, insurance agent or other person involved in a transaction such personal and financial information concerning us as you consider appropriate;
(d) that we acknowledge and agree to your privacy policy, which we have been afforded an opportunity to review, and we hereby consent to receiving email and other electronic communication from you; (please initial here)
(e) provided you use our personal information only for the purposes set out in section (c), we hereby release you from all claims in damages or otherwise that we may have in connection with or arising from any use, disclosure or release of any of our personal information, and that we will indemnify you against and save you harmless from any and all claims in damages or otherwise which may be made by any third party in connection with or arising from any personal or other information that we have provided to you;
(f) that we will pay all legal, property appraisal, registration fee and other costs or expenses incurred by you in connection with a transaction;
(g) that you may retain our application and other personal information whether or not any transaction is ultimately completed; (h) that we acknowledge and agree that you may be entitled to receive financial compensation with respect to a transaction from
a lender or other person; and
(i) that we may in our discretion make application for life, disability and/or critical illness insurance coverage in connection with a transaction, and that we have no claim against you if we elect not to do so. I/we understand that the terms and conditions of qualifying for coverage under such insurance are determined by the insurer, and that no such insurance will be in place unless and until I/we are so notified by the insurer (see mortgage insurance quote for details).
Applicant Signature: Co-Applicant Signature:
Applicant Name: (please print) Co-Applicant Name: (please print) Date: Date: OFFICE USE Broker Signature:
Please indicate: Residential Commercial
Broker Name: Kim Lindsay
TMG File Name & Number: MGAB- Date:
Please return completed application and any supporting documentation via:
FAX 1-866-841-7136 or EMAIL
[email protected]
When applying for mortgage financing, supporting documentation is required to verify the
information you have provided. By providing me with as much documentation as possible up front, I
will be able to finalize your mortgage approval more efficiently.
Buying a home?
Information about the property you are buying: MLS listing
Purchase contract
Name and contact details of your lawyer If property is a condominium, lender may
request copy of the condo documents, by-laws, and most recent budget
Confirmation of your down payment from one or more of the following sources:
Savings accounts – 90 day bank history Liquid or other assets
Gift letter (if funds are being gifted from family) Withdrawal from RRSP through Home Buyer’s
Plan
Sale of an existing property – a copy of the unconditional sale agreement
Do you currently own your home?
Information about your existing property: Most recent mortgage statement Most recent property tax bill/statement Current homeowner insurance policy
Legal description of your property (you can find this on your original purchase contract OR your property tax statement
Property value (to help estimate current value, refer to recent property tax assessment and/or neighbourhood sales comparables – MLS listings)
Employment and income verification
Salary or hourly (full-time or regular part-time): A letter from your employer on company
letterhead which includes your name, salary or hourly pay rate, and name and title of person signing the letter
Most recent pay slip (within last 30 days) If you earn bonuses, overtime, gratuities, etc.,
we will also need your last 2 years’ Notice of Assessments (NOA’s)
If you are self-employed, one or more of the following: Last 2 years’ Notice of Assessments (NOA’s) Last 2-3 years’ financial statements prepared by
a professional accountant
Last 2-3 year’s T1 Generals (with Statement of Business Activities)
Articles of Incorporation GST/HST return
Other information
Every application is unique and other documentation may be required.
