Dominion Lending Mortgage Application Form PDF Details

Navigating through the Dominion Lending Mortgage Application process requires an in-depth understanding of its various components, each of which plays a pivotal role in the assessment of an applicant's eligibility for mortgage financing. The application form is meticulously designed to gather comprehensive information about the applicant, including personal details such as full name, Social Insurance Number (S.I.N.), date of birth, dependants, and marital status. It also covers housing history, delineating between current and previous addresses, ownership status, and the duration at each residence. Financial aspects are thoroughly explored, soliciting details about employment and income, including gross annual income from both current and prior positions, as well as other sources of income, which contributes a vital piece to the financial puzzle lenders need to complete. The application extends further to query about assets and liabilities, capturing information on bank accounts, investments, vehicle ownership, household goods, credit cards, loans, and existing mortgages or owned properties. This detailed financial snapshot is imperative for lenders to evaluate the applicant's financial health and lending risk. Additionally, the application addresses smoking status and whether the applicant is a first-time buyer, factors that can influence mortgage terms and conditions. Co-applicant details are also requested in a similar comprehensive manner, ensuring a thorough understanding of the combined financial situation when more than one person is involved. The declaration section underscores the importance of consent and the legal intricacies involved in sharing and using personal information, highlighting the applicant’s agreement to the terms set out, including the acknowledgment of the rightful sharing of said information among potential lenders, mortgage insurers, or service providers for the purpose of mortgage arrangement or renewal. This reflects the intricate balance between providing personal information and the assurance of its appropriate use in line with legal and regulatory requirements, a testament to the complexity and necessity of transparency in the mortgage application process.

QuestionAnswer
Form NameDominion Lending Mortgage Application Form
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesrefinance, multi, Insurer, 2ND

Form Preview Example

MORTGAGE APPLICATION

Referral: ___________________________

Applicant Information

Full Name

 

 

 

 

S.I.N.

 

Date of Birth

Dependants

Marital Status

 

 

 

 

 

 

 

 

 

Present Address

 

 

 

 

Postal Code

 

Rent/Own

No. Of Years

 

 

 

 

 

 

 

 

$

 

Previous Address: (if less than 3 years at current)

 

 

 

 

Rent/Own

No. Of Years

 

 

 

 

 

 

 

 

$

 

Home Phone:

 

 

Home Fax:

 

 

Cellular:

 

 

Bus Phone:

 

 

 

Bus Fax:

 

 

Email:

 

 

 

 

 

 

 

 

 

 

 

Current Employer

 

 

Years

Gross Annual Income

Occupation

 

 

 

 

 

 

 

 

Previous Employer: (if less than 3 years at current)

Years

Gross Annual Income

Occupation

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income: Source

 

 

Years

Income

 

Occupation

 

 

 

 

 

 

 

 

 

 

 

 

Smoker?

____ Yes

____ No

First Time Buyer? _____ Yes

____ No

 

 

 

 

 

 

 

 

 

 

Co-Applicant Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Full Name

 

 

 

 

S.I.N.

 

Date of Birth

Marital Status

 

 

 

 

 

 

 

 

 

 

 

Address

 

 

 

 

 

Postal Code

Yrs

 

 

 

 

 

 

 

 

 

 

 

Home Phone:

 

 

Home Fax:

 

 

Cellular:

 

 

 

 

 

 

 

 

 

 

 

Business Phone:

 

 

Bus Fax:

 

 

Email:

 

 

 

 

 

 

 

 

 

 

Current Employer

 

 

Years

Gross Annual Income

Occupation

 

 

 

 

 

 

 

 

Previous Employer: (if less than 3 years at current)

Years

Gross Annual Income

Occupation

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

 

 

 

 

 

 

 

Other Income

 

 

Years

Gross Annual Income

Occupation

 

 

 

 

 

 

 

 

 

 

 

 

Smoker?

____ Yes

____ No

First Time Buyer? _____ Yes

____ No

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bank:

 

 

Location:

 

Type:

 

Balance: $

 

 

Bank:

 

 

Location:

 

Type:

 

Balance: $

 

 

 

 

 

 

 

 

 

 

 

 

RRSP:

 

 

 

 

 

 

Value: $

 

 

Stocks/Bonds/GIC:

 

 

 

 

 

Value: $

 

 

 

 

 

 

 

 

 

 

 

Automobile:

 

 

 

 

 

Value: $

 

 

Automobile:

 

 

 

 

 

Value: $

 

 

 

 

 

 

 

 

 

 

 

Other Assets:

 

 

 

 

 

Value: $

 

 

 

 

 

 

 

 

 

 

 

Other Assets:

 

 

 

 

 

Value: $

 

 

 

 

 

 

 

 

 

 

 

Other Assets:

 

 

 

 

 

Value: $

 

 

 

 

 

 

 

 

 

 

 

Household Goods:

 

 

 

 

 

Value: $

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

Bank Loan/LOC

 

Balance: $

Payment: $

 

 

 

 

Bank Loan/LOC

 

Balance: $

Payment: $

Bank Loan/LOC

 

Balance: $

Payment: $

Credit Card

Type:

Balance: $

Payment: $

 

 

 

 

Credit Card

Type:

Balance: $

Payment: $

 

 

 

 

Credit Card

Type:

Balance: $

Payment: $

 

 

 

 

Credit Card

Type:

Balance: $

Payment: $

 

 

 

 

Other Debt:

 

Balance: $

 

 

 

 

 

Other Debt:

 

Balance: $

 

Current Mortgages/Properties Owned:

Address:

 

 

 

Property Value: $

 

 

 

 

 

 

Existing Mortgage Bank/Lender:

 

 

First:

Second:

 

 

 

 

 

 

Mortgage Rate:

%

Monthly Payments: $

Rental Income: $

Mortgage Balance: $

 

 

 

 

 

 

 

 

 

 

 

 

 

Address:

 

 

 

Property Value: $

 

 

 

 

 

 

Existing Mortgage Bank/Lender:

 

 

First:

Second:

 

 

 

 

 

 

Mortgage Rate:

%

Monthly Payments: $

Rental Income: $

Mortgage Balance: $

 

 

 

 

 

 

 

 

 

 

 

 

 

Address:

 

 

 

Property Value: $

 

 

 

 

 

 

Existing Mortgage Bank/Lender:

 

 

First:

Second:

 

 

 

 

 

 

Mortgage Rate:

%

Monthly Payments: $

Rental Income: $

Mortgage Balance: $

 

 

 

 

 

 

 

DECLARATION

If I have included information in this application in respect of any other person, including a co-applicant, I hereby confirm that such other person(s) has fully authorized me to release their personal information to you and to my Dominion Lending Centres Mortgage Specialist and that such other person(s) consent to all of the terms set-out herein. The word "Information" means personal information about me and any other person(s) identified in this application, obtained from this application or other sources. I am hereby expressly consenting to the submission of my application and the disclosure of Information to third parties, such as lenders and insurers, for the purpose of arranging and/or renewing mortgage(s). I understand that this will allow lenders to submit commitments for my review.

I/we further acknowledge and agree that each potential mortgage lender, mortgage insurer or service provider to whom you provide the mortgage application and/or my/ our personal information is permitted to receive such application and information and maintain records relating to me/us, including my/our Social Insurance Number(SIN) if I/we provide it, and collect personal information from me/us, you and from third persons, including credit bureau, credit reporting and collection agencies, financial institutions, my/our past and present employers, creditors and tenants, my/our spouse or any other person who has information about me/us for the purpose of recording, evaluating and responding to my/our application for mortgage financing or related activities and I /we specifically consent to the release and disclosure of personal information by such persons to and among you and each potential mortgage lender, mortgage insurer or other service provider.

I hereby consent to and agree that my Mortgage Broker or Agent may use the Information in order to identify me, protect me from fraud and error, understand my needs and eligibility for products and/or services, recommend particular products and services to meet my needs, provide ongoing services, and comply with legal and regulatory requirements.

I consent to and agree that my Mortgage Broker or Agent may use the Information for the above-noted purposes and may obtain Information about me from others, including consumer reporting agencies, credit bureaus, financial institutions, and real estate appraisers and may confirm the accuracy of the Information by contacting such third parties. I further consent to and agree that each lender considering my application may obtain Information about me (and all co-applicants) from others, including consumer reporting agencies and other such third parties.

I hereby consent to and agree that my Mortgage Broker or Agent may retain the Information after the last mortgage application made on my behalf, or the end of the term of the mortgage, whichever is later and that my Mortgage Broker or Agent may retain and use my personal information for the purposes listed above after the last mortgage application made on my behalf.

Signature:

Signature:

Verbal Consent - By Broker

Notes:

Date:

Date:

Date:

.