Newcomers To Canada

Tuesday Jan 26th, 2021


Newcomers To Canada

If you're new to Canada, there are mortgage programs available for new immigrants who have limited credit history and as little as 5% down payment available. 


  • Must have been in Canada for less than 5 years
  • 5% minimum down payment required
  • Permanent residents, landed immigrants or a valid work permit required
  • Minimum 3 months of full time Canadian employment (professional relocation exempt)

Many new Canadians dream about one day owning a home. Most do not realize that there are minimal restrictions for those who prefer to become home owners instead of renters.  Essentially if you are legally allowed to work in Canada & have done so for 3 months, have accumulated no less than 5% of the purchase price of your home (savings accumulated from outside the country is usually perfectly fine), and can show evidence of good credit - even 1 year of cell phone or rent payments would do, then you can qualify.  

I have been able to provide many new Canadian families with the ability to qualify for a mortgage with competitive rates. I've also helped them find homes in safe quiet neighbourhoods that fit their needs. Contact me for more information. 


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