Start with a current employment letter and pay stubs. LTO and supply teachers should prepare earnings history and assignment records; teachers on leave should prepare return-to-work confirmation. Your lender will give you a checklist for the income, down payment and property being assessed.
The core checklist
- Board employment or salary letter stating position, category and step, base salary, start date, and whether you are permanent, probationary, LTO, or contract
- Two years of T4s and Notices of Assessment, if available, particularly for variable income
- Recent pay stubs covering the periods requested by the lender
- Signed contract if you are LTO or contract, especially a future assignment
- Return-to-work letter with a specific date if you are on maternity or parental leave
- OCT registration or Certificate of Qualification, if requested
- Identification and records showing the source of your down payment; payment-account details when requested
What your employment letter must say
A clear board letter should confirm position, employment status, annual salary and start date. Category and step can help explain the pay. Check the lender checklist to avoid unnecessary follow-up.
Ask board HR for a current letter that meets the lender checklist before submitting your application.
Sources and dates
Sources below support the relevant figures and rules. Source dates and historical salary years are shown where available. A planned review date does not guarantee that a figure stays current; check the source and your own eligibility before acting.
First published . Updated . Source dates are listed above.
Common questions
What should a teacher employment letter include?+
Position, salary (category and step), start date, and status: permanent, probationary, LTO, or contract.
Do I need two years of T4s as a permanent teacher?+
Not always. An employment letter and pay stubs may establish permanent salary, but the lender decides what history is needed for your application.
Talk to us
Emily & Jeff Mudrick
Mortgage agents, Mudrick Mortgages
Serving teachers across Ontario.
Discuss your mortgage plans
Bring your questions about buying, renewing or refinancing. We will help you understand the next steps.