Current statements of your investment holdings. They can include are not limited to the description below:
RRSP
RESP
TFSA
Mutual Funds
Stocks
Bonds
GIC - Guaranteed Income Certificates
Savings accounts
Company pensions
The accumulation of wealth allows your mortgage application to carry significant clout and provides room for negotiation. A comprehensive list of investment assets held paints a clear picture in the eyes of the lender. Disclosing this information doesn't expose you to any financial obligation but rather to an underwriter who may view your mortgage application differently.
If you can afford to rent, chances are that you can afford to buy. Start building equity for your future by putting your monthly rent toward a monthly mortgage payment! ...more