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The Mortgage Beast

Mortgage Checklists

Two essential checklists to keep you organized — track your progress online, then download or print when you're ready.

Morty says

Getting a mortgage is a paper-heavy process, but being organized gives you negotiating power. Use these checklists to make sure you're asking the right questions and have every document ready. Click Learn more on any item for Morty's comprehensive breakdown. Your progress saves automatically.

Mortgage Shopper Checklist

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Rate & Term

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Prepayment Privileges

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Penalty & Breakage Costs

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Portability & Flexibility

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Registration & Fine Print

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Don't skip the penalty question. A “great rate” means nothing if you break early and pay a $15,000+ IRD penalty. Ask for a dollar estimate at year 2 and year 3.

Collateral vs. standard charge: RBC, TD, and Scotia typically use a collateral charge — switching at renewal can cost $800–$1,200 in legal fees. Standard-charge mortgages transfer without that.

Disclaimer: These checklists are for general guidance only and may not cover every lender's specific requirements. Always confirm exact document requirements with your mortgage broker or lender.

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