Notice: We are currently experiencing an issue with our website’s application page. We appreciate your patience while our teams work diligently to resolve the issue.
Attention: Nous rencontrons actuellement des difficultés avec la page d'application des ouvertures de compte en ligne de notre site internet. Nous vous remercions de votre patience pendant que nos équipes travaillent activement à résoudre ce problème.
Confirmation of Down Payments & Requirements
| Down Payment Source | Requirements |
| Savings Account | Bank Account Statements from the last 90 days |
| Redemption of Investments | A copy of a bank statement showing the funds being deposited and a copy of the investment withdrawal |
| Funds that are gifted | Gift Letter & Proof of correlating deposit into Account (Note: A gift letter must come from an immediate family member) |
| RRSPs | RRSP statement for the last 90-days and evidence of the RRSP withdrawal |
| Funds coming from an existing credit facility at another Financial Institution | Evidence of sufficient credit availability – bank or loan statement |
| Funds coming from a new credit facility at another Financial Institution | A copy of new loan agreement / commitment letter |
| Sale of Existing Property | A copy of the accepted sales Agreement |
Forms & Purposes
| FORM | PURPOSE |
| Profile Form – Entity | For KYC purposes and confirmation of ownership, control and structure including Beneficial Owners, Directors |
| WHO: | Corporations or other entities |
| Profile Form – Individual | For KYC purposes and Identification of Individual Borrowers, and signing officers. |
| WHO: | Individual Borrowers |
| Profile Form – Family Trust | For KYC purposes and confirmation of ownership, control and structure including Trustees, Settlors, Beneficiaries |
| WHO: | Trusts |
| Profile Form – Widely Held Trust | For KYC purposes and confirmation of ownership, control and structure including Trustees, Settlors, Beneficiaries. |
| WHO: | Widely Held Trusts – Publicly Held Trusts – IE: REITs |
| Third Party Form | To collect KYC detail for third parties (Persons or other entities) when borrowers are acting on their instructions. |
| WHO: | An individual or entity, other than the account holder, who gives instructions about the account. |
| PEP Form | For clients who acknowledge PEP Status |
| WHO: | Politically Exposed Persons (PEP) |