Bank Requirements for Obtaining Mortgage or Bank Account

Copies of Passports

Copies of drivers licenses

If married, A marriage certificate

Completed EquaFax or TransUnion credit report authorization (and actual report) which will be sent to the Bank representative. The cost of this is around $100.00 (depends on the bank). Real Estate Broker or Banker will provide this form.

Last 2 income tax statements (must be as current as possible)

Employment letters (from both applicants) on company letterhead. Must include the name of your profession, how long you have worked there, and a positive review. Must also show the original signature from your employer and their title. If self employed, a letter from your accountant will suffice.

Employment pay stub

Personal Letter(s) of reference from your bank(s) (how long you have had accounts with them and

stating that you are in good standing). Signed by a Bank official, with contact information and on a

bank letter head.

Last 6 months of bank statements: Used to determine there are no extreme fluctuations in your

income to expense ratios.

Current Financial income statement (assets to liabilities). Prepared by an accountant or an accepted

Financial Statement template.

Reference letters from 2 professionals who know you (at least 5 years). Must have a professional title or degree and include their full name, how long they have known you, their phone # and email address. ONLY 1 REFERENCE FOR OPENING A BANK ACCOUNT IS NEEDED.

Other evidence of assets (home title, car title and proven blue book values, other bank accounts, retirement accounts. You may be asked to provide a home appraisal or bank letter verifying the values)

Copy of the title of the property you select (Real Estate Broker can provide this)

You will also need to pay $200.00 - $250.00 for an appraisal on the property you select

Document showing your current mailing address

 A personal letter to the bank expressing your reason for establishing a relationship (or account) with

them.

BANK ACCOUNT ONLY

Copies of Passports

Copies of drivers licenses

Employment letters (from both applicants) on company letterhead. Must include the name of your

profession, how long you have worked there, and a positive review. Must also show the original signature from your employer and their title. If you are self-employed, reference letter from a long- standing client, or copy of your most recent business income tax filing.

Letter(s) of reference from your bank(s) (how long you have had accounts with them and if you are in good standing). Signed by a Bank official on a bank letter head.

Reference letters from 2 people who know you. Must have a professional title or degree and include their full name, how long they have known you, their phone # and email address. ONLY 1 REFERENCE FOR OPENING A BANK ACCOUNT IS NEEDED.

Document showing your current mailing address

A personal letter expressing your reason for establishing a relationship (or account)