Cleveland Harris Mortgages
The Digest
Next Bank of Canada Rate Announcement
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Cleve's Take
People I Trust
What Buyers Need Ready
A quick reference so you can set expectations with your buyer before they even get to me.
- Government-issued photo ID
- Proof of income: recent pay stubs and a letter of employment (salaried), or two years of Notices of Assessment and financial statements (self-employed)
- Down payment proof: bank statements showing the funds, plus a gift letter if any portion is gifted
- A list of existing debts: credit cards, car loans, other properties, anything with a monthly payment
- Void cheque or bank info, needed later for mortgage setup, not required upfront
Having these ready before the first conversation is the single biggest thing that speeds up a file.
What Happens After You Send Me a Client
A quick look behind the curtain, so you always know roughly where things stand.
- Application in — I confirm everything's complete and nothing's missing.
- Under review — I'm running the file against lender criteria to build out real options. Usually 1-2 business days.
- Options ready — Your client gets their approval and numbers to review.
- Product locked in — We finalize the mortgage and lender together.
- Submitted to lender — The lender does their own underwriting from here.
- Approved — Sometimes with conditions to clear, I handle that directly with your client.
- Funded and closed — Done. And that's usually the start of a referral, not the end of one.
If you ever want a real-time update on a specific file, just reach out, I'm always glad to fill you in.