A partnership between:

Building Wealth, Building Homes

Building Relationships, Building Dreams

Hi!
Thanks for showing interest in Build Chilliwack. In this information package you should find the basic
information you need to know about Build Chilliwack. Should you need more information you can refer to
the Frequently Asked Questions located at www.buildchilliwack.com.
What is Build Chilliwack?
Build Chilliwack is a community based initiative to help deserving people enter the housing market by
giving them a non-repayable grant for the downpayment on a new home. This downpayment will be
approximately 5-7% of the total value of the home and will be used as the downpayment towards a CHMC
insured mortgage. The program is funded by participating trades, developers, and other related
businesses giving back a portion of their profit to qualified applicants. Build Chilliwack receives no Federal,
Provincial or Municipal funding or incentives. This really is a program for Chilliwack funded and run by the
residents of the Greater Chilliwack area.
What the process looks like:
1.

The Application Process:

a. Fill out application in its entirety and submit the application to Chilliwack Community
Services (drop off or e-mail to). You need to ensure that your application is fully completed
or it may not be considered. Due to the high volume of applications we receive only those
who are selected will be contacted. In addition, some applications may not be accepted this
time but will be kept on file for potential future selection. Those candidates will be
contacted by phone or mail so they know their application is being kept on file. Other
candidates may re-apply each calendar year.
b. Applicants that are selected will enter a second round of screening that includes applying for
a mortgage. If you are contacted you will have 5 business days to forward the additional
information to the Chilliwack Community Services downtown office located at 45938
Wellington Ave.
i.
ii.
iii.
iv.

Copy of Drivers License (for each applicant).

Completed bank application (which will be sent to you by e-mail).
Canada Revenue Agency Notice of Assessment from last 2 years (for each applicant).
Proof of costs required to participate in Build Chilliwack (see list and estimated costs
below).
v. Employment letter and 2 recent paystubs per applicant.

c. If you are using a co-signor they will also need to provide the same information as listed in
point b within the same time frame.
2.

Requirements for Application

a. Minimum combined income of $55,000.00 per year. This minimum income assumes there
are no other monthly financial obligations (such as car payments, loans, etc). If the
applicant does not meet the minimum income requirements they may choose to use a cosigner. If this is the case, the co-signer must also sign this application and act as a guarantor
on the mortgage.
b. To be comfortable handling a mortgage of $1,750.00 per month, which does not include
property taxes, utilities, or insurance.
c. Each applicant must indicate that they understand the costs associated with participation in
this program and that they currently have the necessary funds (approximately $6,000.00). If
you are contacted to you will need to produce proof of these funds. Closing costs required
from applicant as follows:
i. Legal fees of approximately $1,000.00.
ii. Interest of approximately $2,000.00.
iii. Land Transfer Tax of approximately $2,000.00. In some cases this may be waived (for
first time home buyers of homes with a market value under $425,000.00).
iv. Property Tax of up to $750.00.

Application Form for Build Chilliwack

Chilliwack Community Services and Summit Pacific Properties acknowledge the Confidentiality of This Document
Only fully completed applications will be considered. Please ensure your writing is legible.

Please submit all applications to Chilliwack Community Services downtown location at 45938 Wellington Ave
during regular business hours
If you need more space for any questions, please attached using a separate piece of paper.

1. PERSONAL INFORMATION OF APPLICANT:

Full Name: __________________________ Alias: _______________________ Birth date: _____________
Other Names you have gone by (married names, etc):___________________________________________
Home Phone:_________________ Cell: _____________________
Email : _________________________________ Work Phone: _________________
Present Address (incl. postal code): __________________________________________________________
How Long: ______________________ Reason for leaving: _______________________________________
Previous Address (incl. postal code): _________________________________________________________
How Long: ______________________ Reason for leaving: _______________________________________
Social Insurance Number (SIN): _____________________ Drivers License #: ________________________
PERSONAL INFORMATION OF CO-APPLICANT:
Full Name: __________________________ Alias: _______________________ Birth date: _____________
Other Names you have gone by (married names, etc):___________________________________________
Home Phone:_________________ Cell: _____________________
Email : _________________________________ Work Phone: _________________
Present Address (incl. postal code): __________________________________________________________
How Long: ______________________ Reason for leaving: _______________________________________
Previous Address (incl. postal code): _________________________________________________________
How Long: ______________________ Reason for leaving: _______________________________________
Social Insurance Number (SIN): _____________________ Drivers License #: ________________________

Number of Dependants of Applicant and Co-Applicant:

a. Name:________________________ Birthdate:________________
b. Name:________________________ Birthdate:________________
c. Name:________________________ Birthdate:________________
d. Name:________________________ Birthdate:________________

2. EMPLOYMENT INFORMATION OF APPLICANT:

Current Employer: ________________________________ Position/Occupation: _____________________
Supervisor: _________________________________________________ How long? _________________
Address: ___________________________________________________ Phone: ____________________
Gross Yearly Income (pre-tax):_____________________________________________

Previous Employer: _______________________________ Position/Occupation: _____________________

Supervisor: _________________________________________________ How long? _________________
Address: ___________________________________________________ Phone: ____________________
EMPLOYMENT INFORMATION OF CO-APPLICANT:
Current Employer: ________________________________ Position/Occupation: _____________________
Supervisor: _________________________________________________ How long? _________________
Address: ___________________________________________________ Phone: ____________________
Gross Yearly Income (pre-tax):_____________________________________________

Previous Employer: _______________________________ Position/Occupation: _____________________

Supervisor: _________________________________________________ How long? _________________
Address: ___________________________________________________ Phone: ____________________
3. How long have you lived in Chilliwack:______________
4. Have you owned a home in the past?

Yes / No

If yes, how long ago: _____________________________________________________________________

_______________________________________________________________________________________
_______________________________________________________________________________________
5. We will be using a co-signer for our mortgage application:

Yes / No

If yes, what is their name and relationship to you:_____________________________________________

6. Please give a brief description of your current housing status:
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________

7. Please tell us (in 250 words or less) why you think you would be the best candidate for this grant:
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
8. Please tell us about any clubs or organizations you have volunteered with within Chilliwack, the
approximate dates and nature of your volunteer work, as well as a person we may contact as a reference
(name, phone number and/or e-mail):
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
9. Please list any loans or payments that you currently need to make. Examples could be: student loan
payments, credit card debt, loan or line of credit payments, vehicle payments, child support payments,
etc. Please list the type of payment, the amount of the payment, the term remaining on the payment
and the total amount still outstanding.
Loan Type

Payment Amount

Term Remaining

Amount Outstanding

_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
10. Is there anything that you would like to communicate to us now that may come out during the
application process that would be better to find out from you than from someone else, your credit check
or your criminal record check?
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________

I verify that all statements that have been made in this application are true and realize that the statements I have made in this application will be
verified. I authorize Chilliwack Community Services to do reference checks based on the information provided above. I also authorize Chilliwack
Community Services and its partners in Build Chilliwack to complete a credit check and criminal background check. By signing this application, ALL
personal information is consensually given for use by us or our appointed agents or partners (including the bank we will forward your application to) in
respect to your application, subsequent acceptance to Build Chilliwack, or on- file records in accordance to The Personal Information Protection and
Electronic Documents Act (PIPEDA 2004). If this application is selected for this grant I authorize Chilliwack Community Services, Summit Pacific
Properties and Build Chilliwack to use my name, picture and story to help promote Build Chilliwack.
Through this application I also verify to the best of my knowledge I confirm or acknowledge that I understand the following:
1.
2.
3.

I must have a minimum combined income of $55,000.00

I currently have money for closing costs, etc of approximately $6,000.00.
That our intent, if selected, would be to move into the home for a minimum of 5 years.

__________________________________________
Signature of Applicant

Dated this _______ day of _______________________, 20_____.

__________________________________________
Signature of Co-Applicant

Dated this _______ day of _______________________, 20_____.

__________________________________________
Signature of Co-Signer (if indicated above)

Dated this _______ day of _______________________, 20_____.

__________________________________________
Printed Name of Co-Signer (if indicated above)

____________________
Phone Number