A gift from an immediate family member

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1) Lender's gifted down payment document completed and signed by the gift giver(s) and receiver(s)
2) One month of bank account history showing the gift funds have been received prior to the closing date
3) One month of account history from the gift giver(s) showing the source of the funds

Important:

  • the gift funds must come from Canada
  • the bank account history must have name, account number, bank name and one month history
  • the lender will provide a gift letter form for you to complete
  • cash deposits for the gift are not accepted by a lender
  • the funds must be shown as a "deposit" into your account, a "transfer" into your account will not be accepted
  • the gift funds must be in your bank account no later then 30 days prior to the closing date
  • self-made gift letters will not be accepted

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andrew thake about

About Andrew Thake

Andrew Thake is a seasoned mortgage broker with over 15 years of industry experience. He’s assisted more than 2,200 clients in finding their ideal mortgage solutions. Recognized for his excellence, Andrew has received high honours and awards, including the National Rookie of the Year from TD Canada Trust and recognition as a Top 10 Ottawa Mortgage Broker in 2023. He has also been inducted into the Hall of Fame at Dominion Lending Centres and has consistently received their Platinum Award during his tenure as a mortgage broker.

Andrew’s dedication lies in serving his clients and prioritizing their needs with an empathetic approach. Throughout the application process, he provides tailored, informed, and efficient services to ensure the best mortgage solutions for his client’s unique circumstances. The best part of Andrew’s job is when he gets to see the joy on his clients’ faces following their mortgage approval.

Why not make your mortgage experience a comfortable one?

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