Congrats! You want to become a Buyer Tenant.
We are so excited for you to take the next step in your journey to home ownership. The application to become a Buyer Tenant is in 3 separate parts:
Buyer Tenant Application
Buyer Tenant Questionnaire
Required Documentation.
In order to have your application reviewed, all 3 sections must be completed in their entirety and submitted at the same time.
Why is so much information required?
Having all of the information outlined in the application process gives our team a clear picture of your unique financial and personal situation, as well as your goals. We are better able to make recommendations, create a plan and move quickly if we have all of the facts upfront.
Lending regulations and guidelines have become increasingly strict over the last few years and while we are not a traditional financial institution, this is a legal agreement and financial commitments are involved. We are required to verify and document every part of our new relationship.
Required Documentation
The following documentation is required when submitting your Buyer Tenant application. If an application is missing any required documents, it will be considered incomplete and the application will not be reviewed.
Copy of Driver’s License / Government ID
Income Verification
Proof of Downpayment / Deposit
Employed: Letter of Employment, Current Paystub and Notice of Assessment (NOA) for the past 2 years.
OR
Self Employed: Previous 2 years T1 Generals and Notice of Assessment (NOA) for the same 2 years.
If you have every declared a bankruptcy or consumer proposal, please provide:
Discharge Paperwork
List of Included Creditors, Accounts and Balances
Submitting Your Application
Completed applications can be submitted via email to buyertenant@jordanrealtyservices.ca.
We also accept applications via courier, general mail delivery or in person to our office:
372 King Street, Midland, Ontario, L4R 3M8
Once your application has been submitted, you may be required to provide additional information such as proof that a financial deposit can be made.