Online Mortgage Application

 

MORTGAGE APPLICATION
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Value of Home:
Mortgage Amount Required: Approx Date
Funds Required: *
 
 Personal Information
 APPLICANT
First Name: * Last Name: *
Home Ph.: * Work Phone:
Cell Phone: E-Mail Address: *
Fax Number: SIN:
Date of Birth: *   Street Number:
Street Name: * Street Type: S
Unit Number: Street Direction:
City/Town: * Province: *
Postal Code * Residential Status: *
Time at Residence: Years:         Months: Preferred Contact Method
Marital Status Dependants *
Language Preference When are you looking to purchase?
CO-APPLICANT

If you choose to add a Co-Applicant, please fill in all fields marked with an asterisk (*)
First Name: * Last Name: *
Home Ph.: * Work Phone:
Cell Phone: E-Mail Address: *
Fax Number: SIN:
Date of Birth: *   Street Number:
Street Name: * Street Type:
Unit Number: Street Direction:
City/Town: * Province: *
Postal Code * Residential Status: *
Time at Residence: Years:         Months: Preferred Contact Method
Marital Status Dependants *
Language Preference When are you looking to purchase?

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 Privacy & Consent
To submit your application for pre-approval, please agree to the Privacy/Suitability/Consent/Anti-Spam Agreement below and click “Submit”.
At PR Alliance takes pride in the policies and procedures used to protect the personal information collected and maintained on behalf of our clients. Access to personal information is granted to our agents under the Personal Information Protection and Electronic Documents Act (PIPEDA).Collection and Use of Information
To better understand your financial needs and make you aware of new services that could help you reach your goals, PR Alliance collects personal information from a variety of sources. Some personal information and some reasons it is collected include, but is not limited to, are:

a) Data such as name, address, contact numbers, email contact, income, employment, age, net worth, investment objectives, and banking information;
b) Unique identifiers: such as social insurance, driver’s license, passport numbers, etc.; used to fulfill regulatory and other governmental obligations to distinguish you from other clients with similar names;
c) Information from a consumer reporting agency or other source, which may include account information and/or information about your creditworthiness. PR uses this information to help determine the mortgage product that is suitable for your mortgage needs.

PR collects this information in order to provide the services you have requested, and to help us determine how MAC or other non-affiliated companies may be of service to you.

Guidelines for Disclosure of Information

a) PR may provide information to credit bureau agencies, financial institutions, insurers, private investors, creditor life company etc.
b) PR shall use the information to determine your financial situation for purposes related to services that you have requested from PR Alliance. MAC may also provide the information to others that work for Mortgage Alliance, but only as needed for the provision of those services.
c) PR shall use your social insurance number as an aid to identify you with credit bureau agencies and financial institutions for credit history file matching purposes.
d) PR may use your information to promote PR Alliance services to you.PR will not use or disclose personal information for purposes other than those for which it was collected, except with the consent of the individual(s) or as required by law. Files are kept a minimum of three (3) years.

Ongoing Commitment
Confidentiality is the key to a strong relationship and PR is committed to protecting your privacy. This privacy statement is always available on our website …

Suitability:
I/We are aware of:

a) How a variable rate mortgage and its’ applicable mortgage payment may increase without notice within the term of the mortgage. This may affect the ability to make mortgage payments
b) How terminating or prepaying a mortgage prior to maturity term may involve prepayment penalties. How different mortgage products can vary with various prepayment options.
c) How changes in my/our employment (eg. reduced income), credit, liabilities, etc. may affect the ability to make mortgage payments in the future and/or changes prior to closing could affect me/us not qualifying for the mortgage.
d) The amount of monthly mortgage payment of PI&T will be discussed with my agent based my/our current personal financial obligations (include condo fees if applicable)
e) The benefits of creditor mortgage protection.
f) The inherent risks associated with mortgages. The agent has evaluated my/our needs to assist in determining the most appropriate mortgage including to offer to assist in preparing a budget.

Credit Bureau Consent:
I/We the undersigned, declare the information provided is a true and complete representation. I/We understand that it is being used to determine my/our credit responsibility and to evaluate my/our request for credit. I/We authorize Mortgage Alliance or their designate to obtain a credit report.
I/We acknowledge that the completion of a credit application may take time and it might entail additional credit reports. I/We permit additional credit reports for up to six (6) months from the date signed below. I/We also authorize Mortgage Alliance to exchange such credit information for the purpose of securing credit with potential mortgage lenders, mortgage insurers or other service providers. Mortgage Alliance may retain the application and credit information.

Canada Anti-Spam Legislation:
Mortgage Alliance will keep in touch via electronic messaging during your transaction as permitted by the legislation!
Mortgage Alliance also occasionally communicates with its database via electronic messages. The content provides insightful information on mortgages, finances, etc. I/We wish to be kept informed and consent to the receiving of these informative communications for the term of my/our mortgage. I/We can unsubscribe at any time.

I have read and understand the Privacy/Suitability/Consent/Anti-Spam Agreement.
I have read and understand the Canada Anti-Spam Legislation section and consent to the communications.
 Comments/Special Instructions

Please click “Submit” below and a Mortgage Professional will contact you about your application.
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 Employment Info
 APPLICANT
Self Employed: Yes No Job Title:
Employment Status: Select
Current
Previous
Gross Revenue:
Occupation Type: Select an Occupation Type
Other
Management
Clerical
Labour/Tradesperson
Retired
Professional
Self-Employed
Name of Employer:
Income Type: Select an Income Type
Salary
Hourly
Hourly + Commissions
Commissions
Self-Employed
Rental Income
Other Employment Income
Annual Income:
Industry Sector: Select an Industry Sector
Other
Construction
Government
Health
Education
High-Tech
Retail Sales
Leisure/Entertainment
Banking/Finance
Transportation
Services
Manufacturing
Farming/Natural Resources
Varies
Address:
City/Town: Province: Select a Province
Alberta
British ColumbiaManitoba
New Brunswick
Newfoundland & Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Postal Code: Time at Job: Years:         Months:
 CO-APPLICANT
Employment Info
Self Employed: Yes No Job Title:
Employment Status: Select
Current
Previous
Gross Revenue:
Occupation Type: Select an Occupation Type
Retired
Professional
Semi-Professional
Manager
Office Staff
CPS
Service
Own Business
Self-Employed
Unemployed
Executive
Blue collar
Sales
Homemaker
Student
Military Personnel
Other…
Name of Employer:
Income Type: Select an Income Type
Salary
Hourly
Self-Employed
Commission
Part-Time
Pension
Homemaker
UIC
Disability
Mothers Allowance
Social Assistance
Other…
Annual Income:
Industry Sector: Select an Industry Sector
Other
Construction
Government
Health
Education
Hi-Tech
Retail Sales
Leisure/Entertainment
Banking/Finance
Transport
Services
Manufacturing
Farming/Natural Resources
Varies
Other…
Address:
City/Town: Province: Select a Province
Alberta
British ColumbiaManitoba
New Brunswick
Newfoundland & Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Postal Code: Time at Job: Years:         Months:
 Property Information
Street Number: New Construction: Select A Construction Type
Existing
Construction
New
Street Name: Structure Age:
Street Type: Select A Street Type
Ave
Blvd
Crt
Cres
Dr
Lane
Pl
Rd
Rte
St
Terr
Other…
Occupancy: Select a value
Owner-Occupied
Owner-Occupied & Rental
Rental
Second Home
Street Direction: Select A Direction
North
South
East
West
Northeast
Southeast
Northwest
Southwest
Tenure: Select A Tenure Type
Freehold
Leasehold
Condo / Strata
Indian Reserve
Other…
Unit Number: Heat Type: Select A Heat Type
Electric Baseboard
Forced Air Gas/Oil/Electric
Hot Water Heating
Other
City: Province: Select A State/Province
Alberta
British ColumbiaManitoba
New Brunswick
Newfoundland & Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Postal  Code: Property Value
 Mortgage Information
Closing Date Amortization: Years:         Months:
Payment  Frequency: Select
Monthly
Semi Monthly
Biweekly
Accelerated Biweekly
Weekly
Accelerated Weekly
Term Select
1
2
3
4
5
7
10
Mortgage Amount Product Type Select A Product Type
Fixed
Adjustable
Capped Variable
Variable
Buydown
Down Payment Amount First Time Buyer? Yes No
Purpose Select a value
Purchase
Purchase + Improvements
Refinance
ETO
Switch / Transfer
Port
Deficiency Sale
Workout
 Assets
Automobile Cash
Real Estate RRSP
Stocks Other
 Liabilities
Credit Loans
Mortgage Other
 Privacy & Consent
To submit your application for pre-approval, please agree to the Privacy/Suitability/Consent/Anti-Spam Agreement below and click “Submit”.
At PR Alliance ( PR ) takes pride in the policies and procedures used to protect the personal information collected and maintained on behalf of our clients. Access to personal information is granted to our agents under the Personal Information Protection and Electronic Documents Act (PIPEDA).Collection and Use of Information
To better understand your financial needs and make you aware of new services that could help you reach your goals, PR collects personal information from a variety of sources. Some personal information and some reasons it is collected include, but is not limited to, are:

a) Data such as name, address, contact numbers, email contact, income, employment, age, net worth, investment objectives, and banking information;
b) Unique identifiers: such as social insurance, driver’s license, passport numbers, etc.; used to fulfill regulatory and other governmental obligations to distinguish you from other clients with similar names;
c) Information from a consumer reporting agency or other source, which may include account information and/or information about your creditworthiness. PR uses this information to help determine the mortgage product that is suitable for your mortgage needs.

PR collects this information in order to provide the services you have requested, and to help us determine how MAC or other non-affiliated companies may be of service to you.

Guidelines for Disclosure of Information

a) PR may provide information to credit bureau agencies, financial institutions, insurers, private investors, creditor life company etc.
b) PR shall use the information to determine your financial situation for purposes related to services that you have requested from Mortgage Alliance. MAC may also provide the information to others that work for Mortgage Alliance, but only as needed for the provision of those services.
c) PR shall use your social insurance number as an aid to identify you with credit bureau agencies and financial institutions for credit history file matching purposes.
d) PR may use your information to promote Mortgage Alliance services to you.
PR will not use or disclose personal information for purposes other than those for which it was collected, except with the consent of the individual(s) or as required by law. Files are kept a minimum of three (3) years.Suitability:
I/We are aware of:

a) How a variable rate mortgage and its’ applicable mortgage payment may increase without notice within the term of the mortgage. This may affect the ability to make mortgage payments
b) How terminating or prepaying a mortgage prior to maturity term may involve prepayment penalties. How different mortgage products can vary with various prepayment options.
c) How changes in my/our employment (eg. reduced income), credit, liabilities, etc. may affect the ability to make mortgage payments in the future and/or changes prior to closing could affect me/us not qualifying for the mortgage.
d) The amount of monthly mortgage payment of PI&T will be discussed with my agent based my/our current personal financial obligations (include condo fees if applicable)
e) The benefits of creditor mortgage protection.
f) The inherent risks associated with mortgages. The agent has evaluated my/our needs to assist in determining the most appropriate mortgage including to offer to assist in preparing a budget.

Credit Bureau Consent:
I/We the undersigned, declare the information provided is a true and complete representation. I/We understand that it is being used to determine my/our credit responsibility and to evaluate my/our request for credit. I/We authorize Mortgage Alliance or their designate to obtain a credit report.
I/We acknowledge that the completion of a credit application may take time and it might entail additional credit reports. I/We permit additional credit reports for up to six (6) months from the date signed below. I/We also authorize Mortgage Alliance to exchange such credit information for the purpose of securing credit with potential mortgage lenders, mortgage insurers or other service providers. Mortgage Alliance may retain the application and credit information.

Canada Anti-Spam Legislation:
Mortgage Alliance will keep in touch via electronic messaging during your transaction as permitted by the legislation!
Mortgage Alliance also occasionally communicates with its database via electronic messages. The content provides insightful information on mortgages, finances, etc. I/We wish to be kept informed and consent to the receiving of these informative communications for the term of my/our mortgage. I/We can unsubscribe at any time.

I have read and understand the Privacy/Suitability/Consent/Anti-Spam Agreement.
I have read and understand the Canada Anti-Spam Legislation section and consent to the communications.