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Barbara Perone

Sales Representative
Royal LePage NRC Realty Brokerage
4850 Dorchester Rd. #B
Niagara Falls, ON L2E 6N9
Cell: 905.380.6719
Fax: 905-356-5602
Work Phone: 905-357-3000
Email Barbara

Pre-Approval Documents

When you get to the pre-approval stage, here’s what you’ll need to show your bank or broker:

 •Personal identification: including driver’s license and proof of address
 •Income details: employment & salary confirmation (a letter from your employer) Previous year T4
 •Income other: Details about any other income sources
 •Info about bank accounts, loans and other debts
 •Proof of financial assets
 •Verification of the down payment and funds to cover the closing cost – the down payment must be a minimum of 5% of the purchase price, and the closing costs usually come up between 1.5% and 4% of the purchase price