Select a location from above to display BDMs
Contact a BDM
Manager, B2B Solutions
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
Fax: 403.718.3042
jprovencher@bridgewaterbank.ca
Saskatchewan
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
jprovencher@bridgewaterbank.ca
Manitoba
Steve Leishman
Phone: 403.861.1786
Toll Free: 1.844.861.1786
sleishman@bridgewaterbank.ca
British Columbia
Yvonne Futter
Phone: 604.506.7114
Toll Free: 1.866.867.1777
Fax: 403.718.3042
yfutter@bridgewaterbank.ca
Edmonton, central & northern Alberta
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
jprovencher@bridgewaterbank.ca
Calgary & southern Alberta
Steve Leishman
Phone: 403.861.1786
Toll Free: 1.844.861.1786
sleishman@bridgewaterbank.ca
Ontario GTA, southwest
John Oliverio
Phone: 905.866.7162
Toll Free: 1.844.734.4762
joliverio@bridgewaterbank.ca
Ontario north/east
Matt Royston
Phone: 705.730.9387
Toll Free: 1.855.730.9387
mroyston@bridgewaterbank.ca
Select a location from above to display BDMs
Contact a BDM
Manager, B2B Solutions
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
Fax: 403.718.3042
jprovencher@bridgewaterbank.ca
Saskatchewan
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
jprovencher@bridgewaterbank.ca
Manitoba
Steve Leishman
Phone: 403.861.1786
Toll Free: 1.844.861.1786
sleishman@bridgewaterbank.ca
British Columbia
Yvonne Futter
Phone: 604.506.7114
Toll Free: 1.866.867.1777
Fax: 403.718.3042
yfutter@bridgewaterbank.ca
Edmonton, central & northern Alberta
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
jprovencher@bridgewaterbank.ca
Calgary & southern Alberta
Steve Leishman
Phone: 403.861.1786
Toll Free: 1.844.861.1786
sleishman@bridgewaterbank.ca
Ontario GTA, southwest
John Oliverio
Phone: 905.866.7162
Toll Free: 1.844.734.4762
joliverio@bridgewaterbank.ca
Ontario north/east
Matt Royston
Phone: 705.730.9387
Toll Free: 1.855.730.9387
mroyston@bridgewaterbank.ca

Your home – Part 3

Your home is part three of a five part series on preparing your client for what to expect during the mortgage process. We hope you will share the full series with your clients so you can move through the process with ease.

Now that you’ve completed all your income paperwork, you’re ready to provide a few more details on the home.

You are going to be asked to confirm whether you will be:

  • Living in the home
  • Using it for rental income
  • Using it as a second home

Your broker will arrange for an appraisal of the property to confirm its value (and market rent analysis if this is a rental property). The appraisal also reveals its marketability and its state of repair. You will be asked to pay for the appraisal up-front, directly to the appraiser. This will typically cost $350, though it can go up to $450 if it is a very large or remote home.

If this is for a rental property, you will be asked for proof of rental income with:

  • T1 (if declared)
  • Bank account statements (if not declared)

If you are buying a home, your broker will need to see the purchase agreement for both the property you’re buying and the home you are selling (if this is the case). Your realtor will provide these to you. Your broker will also need your solicitor’s name and contact details, which will be shared with the lender.

We know this is a lot of info to take in, but you’re almost over the finish line. You’ve made it to Part 4, The Down Payment!

If you’d like the full document of this series, please comment below or reach out and we’ll happily send it to you.

© BRIDGEWATER BANK 2019