Proof of funds

[Baje 246]

Is having a mortgage/loan on your account where you have your proof of funds seen as bad...the proof of funds are available but I also have a loan on the account. Or is it best to not have the funds held on the same institution where you have loans

 

[gadhvibhargav]

Is having a mortgage/loan on your account where you have your proof of funds seen as bad...the proof of funds are available but I also have a loan on the account. Or is it best to not have the funds held on the same institution where you have loans

It doesn't matter. Your POF could be from any financial institution where you have account(s). It should, however, list all borrowing, chequing and savings accounts. It must list any debts, credits or loans you owe to that institution as well. In the end, the amount ('what you have - what you owe') should be at least what is stated by IRCC.