What documents do I need to provide to get a MogoMortgage?

Mortgage applications typically require a lot of documents, but don’t worry, we’ll work with you to to collect the documents and make this process as simple and painless as possible.

Here are a few of the typical documents that you’ll need:

Income type:

1. Salaried 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)
     
     
2. 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 (NOAs are two-page documents summarizing your annual income that the CRA sends you after you file your taxes)
     
     
3. Base + commission income
   • 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)
   • 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)
     
     
4. 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
     
     
5. Self-employed
   • 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)
   • Tax returns from the last two years
   • 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,  
     
     
6. 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
     
     
7. Maternity
   • 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)
   • 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:

1. If you saved up for a down payment
   • Bank or investment statements from the last three months from the account that holds your down payment
     
     
2. If you 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 donor
   • A bank statement showing the funds in the donor’s account
   • A bank statement showing the gifted funds now in the applicant’s (in this case probably your) account
     
     
3. Down payment from property sale proceeds
   • Firm sale agreements on the property showing the market value
   • A recent mortgage statement showing your updated mortgage balance
     
     

Property Documents:

1. Purchasing a home
   • We’ll work with your realtor to get the property documents!
     
     
2. Renewal or Refinance:
   • Appraisal (sometimes)
   • Confirmation of property taxes
   • Confirmation of fire insurance policy
   • If your home is a strata, we’ll need the strata form B

MogoMortgage is offered by Mogo Mortgage Technology Inc. o/a MogoMortgage (Ontario: FSCO License No. 12836)