Checklist
Documents you'll likely need
A general checklist of what lenders typically request from newcomers. Every lender sets its own list, and requirements depend on your immigration status and program.
Identity & immigration
- ●Valid passport
- ●PR card or Confirmation of Permanent Residence, or
- ●Work permit (lenders often look at remaining validity)
- ●Second piece of government ID where available
Income & employment
- ●Employment letter (position, salary, start date, status)
- ●Recent pay stubs
- ●Probation details if applicable
- ●Notice of Assessment / T4 once available
- ●Foreign income documents, if a lender will consider them
Credit
- ●Canadian credit report (pulled with your consent)
- ●Foreign credit reference letter or international credit report where available
- ●Statements for any Canadian credit cards or loans
Down payment & funds
- ●Typically ~90 days of account statements showing the funds
- ●Records of transfers from abroad (wire confirmations)
- ●Gift letter, if family is contributing and the lender allows it
- ●Funds for closing costs (land transfer tax, legal, etc.)
Property
- ●Signed Agreement of Purchase and Sale (for purchases)
- ●MLS listing
- ●Current mortgage statement & property tax bill (refinance / renewal)
Helpful tips
- Keep money transfers traceable, avoid large cash deposits before applying.
- Ask your bank abroad for a credit reference letter before you leave, if possible.
- Don't change jobs or open new debt mid-application without asking first.
- Lenders may request more items during underwriting; this is normal.
Talk through your situation, no pressure.
Every newcomer's file is different. A short conversation can clarify which routes may fit you.