What are the requirements for applying for a mortgage with National Bank of Canada?

To apply for a mortgage with National Bank of Canada, there are certain requirements that need to be met. Firstly, you need to be at least 18 years old and a Canadian citizen or permanent resident. The bank requires proof of steady employment and income stability, typically requiring two years of employment history. A good credit score is also important to demonstrate creditworthiness. National Bank of Canada will assess your debt-to-income ratio to ensure you can manage mortgage payments. Additionally, a down payment is required, typically ranging from 5% to 20% of the property's value. Lastly, you will need to provide various documents including identification, proof of income, and tax returns. Meeting these requirements will enable you to initiate the mortgage application process with National Bank of Canada.