There are three main things you’ll need to have with you when you’re applying for an RRSP loan.
- Verification of income.
- If you’re a salaried employee, this’ll be a current paystub, T4 or a letter from your employer.
- If you’re self-employed or a business owner, you’ll need to supply copies of your T1 General (income tax returns and Notice or Assessment) and T2125 (Statement of Business or Professional Activities) for the past three years. If your business is a corporation or partnership, your financial statements are also required.
- A full list of your assets – what you own.
- A full list of your liabilities – what you owe.
Every loan is unique so there may be times when we need more information. We’ll let you know if that’s the case.
Call our Contact Centre at 866.863.6237 to get your loan application started, or get the process rolling online.