The documents to have ready for a car loan application
The complete list of documents a Canadian car loan application asks for, from proof of income to address history and banking, and what each one is proving.
The documents a car loan application asks for
The paperwork, one document at a time: what each one proves, who asks for it, and what a file missing it costs you in days.
Posts on car loan documents
A car loan on pension, disability or other fixed income: how lenders read it
CPP, OAS, AISH and CPP-D in a car loan application. Which pension and disability income Canadian lenders count, how to document it, and what is genuinely hard.
Proof of income when you are self-employed
No pay stub, no employment letter. Which documents Canadian lenders accept as proof of self-employed income, and why the Notice of Assessment does the work.
Employment history for a car loan: how long you have been at your job
Employment history for a car loan: probation, a recent move and a gap are three different things to an adjudicator and identical to an applicant.
Reading is optional
The application is the part that has to happen either way. It goes to one dealer partner at a time, where a specialist reads the file — never a list.
Programs may vary by province. Approval is subject to lender review and application details.