Mortgage Application Checklist

Scotiabank knows that purchasing a home is one of the biggest financial—and life—decisions you'll make. That's why we want to help you stay informed and organized. Below, you'll find helpful checklists of things you'll need on hand to for each step along the way to homeownership. Remember, if you have any questions feel free to speak with one of our expert Mortgage Specialists.

Documents Required for Approval

We will need the following information/documentation from you:

  • Fully completed Mortgage Application Form
  • Salaried applicants: Income verification letter and last two (2) pay advices
  • Self-employed: Financial Statements (audited or in-house) and bank statements
  • Proof of funds to complete the transaction
  • Proof of age (valid passport/birth certificate), eligible age is 18 - 60
  • Tax Registration Number (TRN)
  • Copy of Signed Sales Agreement
  • Contractors' Estimate (home construction/improvement)
  • NHT referral letter (where applicable)

Documents Required Upon Acceptance of Offer

  • Original Surveyor's Identification Report not more than twelve (12) months old indicating that there are no encroachments and that no covenants have been breached
  • Adequate Life Insurance coverage
  • Photocopy of Certificate of Title
  • NHT commitment letter (where applicable)
  • Current Property Tax certificate
  • Approved building plan (where applicable)
  • Quantity Surveyor's Report (where applicable)
  • Peril Insurance for full replacement cost of the building
  • Evidence of strata coverage (where applicable)
  • Opening of Scotia Achiever and Scotia Optimum accounts

Download Adobe Acrobat Reader Plug-in