Contents
1) One pay stub
Why is this needed:
If you are unsure if you are receiving acting pay, you can tell if your pay stub notes 'Acting Pay'.
Click here to see a sample of a pay stub noting Acting Pay.
2) Acting Pay letter
If you are receiving Acting Pay the lender will require a letter from your employer confirming your regular annual salary and when your acting pay ends.
Click here to see a sample substantive letter of employment.
1) Verbal confirmation with employer
Lenders may call your employer to do a verbal confirmation with employer.
Why is this needed:
Is the date on my past stub within the last 30 days?
Is the date on my letter of employment within the last 30 days?
Is my letter of employment on letterhead?
Does my letter of employment have a contact name and phone number on it?
If you answered YES to all of the above, please send the document
If you answered NO to any of the above, the document will not be accepted by the lender
Click here to return to the purchase checklist
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.
