MORTGAGE RESOURCES | VOID CHEQUE

WHAT IS A VOID CHEQUE?
A void cheque shows where your funds for your mortgage payments will be withdrawn from.

WHY DO LENDERS REQUIRE A VOID CHEQUE?
Lenders need to have the ability to withdraw the funds from your account for the purpose of your mortgage payments.

HOW CAN I GET MY VOID CHEQUE?
If you do not have a cheque book for the account you are planning to have the funds withdrawn from, your bank can provide you with a document that may be used instead.
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