SARAH COLUCCI, MORTGAGE BROKER
  • Home
  • ABOUT ME
  • Why Use A Mortgage Broker
  • APPLY ONLINE
  • PRODUCTS
    • BEAT THE BANKS
    • WHY INVEST IN REAL ESTATE
    • FIRST-TIME HOME BUYER PRE-APPROVALS >
      • FIRST-TIME HOME BUYER TAX CREDIT
    • SELF-EMPLOYED MORTGAGES
    • MORTGAGE REFINANCE >
      • Prepayment penalties
    • SPOUSAL BUYOUTS
    • INVESTMENT PROPERTIES AND RENTALS
    • BRUISED CREDIT
    • PRE-APPROVALS
    • NEWCOMERS
    • DEBT CONSOLIDATION
    • HOME EQUITY LINE OF CREDIT
    • PURCHASE PLUS IMPROVEMENT PROGRAM
    • MORTGAGE RENEWALS >
      • New Mortgage Rules and Mortgage Renewals
    • SECOND MORTGAGE LOANS
    • LESS THAN 20% PROPERTIES
    • PERSONAL LOANS
    • DOWN PAYMENT
  • CONTACT ME
  • PRIME RATE CANADA
  • CLOSING COSTS
  • DOCUMENTS REQUIRED FOR MORTGAGE FINANCING
  • MORTGAGE QUESTIONS
  • MORTGAGE DICTIONARY
  • MY LENDERS
  • MISSION
  • MORTGAGE NEWS
  • MULTIMEDIA & APPEARANCES
  • GOVERNMENT MORTGAGE RULES
  • MORTGAGE TIPS
  • TESTIMONIALS
  • HOUSE HUNTING CHECKLIST
  • MORTGAGE WITH ME

Documents Required For Financing

Income:

Salaried:
  • Current pay stub
  • ​Letter of employment (must be on company letterhead and have the following: outline of compensation, year-to-date (YTD) earnings, job tenure, supervisor, or HR contact info)
 Hourly Income:
  • Current pay stub
  • Letter of employment (must be on company letterhead and have the following: outline of compensation, year-to-date (YTD) earnings, job tenure, supervisor, or HR contact info)
  • T4s or Notices of Assessment from the last two years 
 
Base + commission income:
  • Notices of Assessment from the last two years 
  • Letter of employment (must be on company letterhead and have the following: outline of compensation, year-to-date (YTD) earnings, job tenure, supervisor, or HR contact info)
 
Commission:
  • Notices of Assessment from the last two years (NOAs are two-page documents summarizing your annual income that the CRA sends you after you file your taxes)
  • Statement of YTD earnings
  • Tax returns from the last two years
 
Self-employed:
  • Notices of Assessment from the last two years 
  • T1 Generals for the last two years or taxes filed
  • Proof of being self-employed such as one of the following:  GST Number, Articles of Incorporation, Statement of Business Activity from your Tax Return, Business License,  
 
Pension:
  • Notices of Assessment from the last two years (NOAs are two-page documents summarizing your annual income that the CRA sends you after you file your taxes)
  • Statement of pension income or bank statements from the last three months showing pension deposits
 
Maternity:
  • Notices of Assessment from the last year 
  • Letter of employment stating your return to work date (must be on company letterhead and have the following: outline of compensation, year-to-date (YTD) earnings, job tenure, supervisor, or HR contact info)

Down Payment Confirmation:
 
If saved up for a down payment:
  • Bank or investment statements from the last three months (90 days) from the account that holds your down payment
 
If received a gift from an immediate family member for a down payment:
  • A gift letter and confirmation of that gift in your account at least 15 days before possession
  • A gift letter signed by the family member gifting you money
  • A bank statement showing the gifted funds in your account
 
Down payment from property sale proceeds:
  • Firm sale agreements on the property showing the market value
  • A recent mortgage statement showing your mortgage balance.

CONTACT ME

Let's get started today.



Address

411 Queen St. 
Newmarket, ON
​L3Y 2G9

Second Location: 
Tottenham, Ontario 

Head Office: 
15 Wertheim Court, Suite 210
Richmond Hill, Ontario 
L4B 3H7 

Sarah A. Colucci, Mortgage Agent Lic. M14000929
Mortgage Edge, FSCO Lic. 10680

Telephone

Direct: 647-773-4849
​
Email: sarah.colucci@coluccimortgage.com
Picture
  • Home
  • ABOUT ME
  • Why Use A Mortgage Broker
  • APPLY ONLINE
  • PRODUCTS
    • BEAT THE BANKS
    • WHY INVEST IN REAL ESTATE
    • FIRST-TIME HOME BUYER PRE-APPROVALS >
      • FIRST-TIME HOME BUYER TAX CREDIT
    • SELF-EMPLOYED MORTGAGES
    • MORTGAGE REFINANCE >
      • Prepayment penalties
    • SPOUSAL BUYOUTS
    • INVESTMENT PROPERTIES AND RENTALS
    • BRUISED CREDIT
    • PRE-APPROVALS
    • NEWCOMERS
    • DEBT CONSOLIDATION
    • HOME EQUITY LINE OF CREDIT
    • PURCHASE PLUS IMPROVEMENT PROGRAM
    • MORTGAGE RENEWALS >
      • New Mortgage Rules and Mortgage Renewals
    • SECOND MORTGAGE LOANS
    • LESS THAN 20% PROPERTIES
    • PERSONAL LOANS
    • DOWN PAYMENT
  • CONTACT ME
  • PRIME RATE CANADA
  • CLOSING COSTS
  • DOCUMENTS REQUIRED FOR MORTGAGE FINANCING
  • MORTGAGE QUESTIONS
  • MORTGAGE DICTIONARY
  • MY LENDERS
  • MISSION
  • MORTGAGE NEWS
  • MULTIMEDIA & APPEARANCES
  • GOVERNMENT MORTGAGE RULES
  • MORTGAGE TIPS
  • TESTIMONIALS
  • HOUSE HUNTING CHECKLIST
  • MORTGAGE WITH ME