New Immigrant to Canada? Mortgages for new immigrants
Starting a new life in Canada is exciting. As a new immigrant, one of your first goals is likely to be buying your first home. We are here to help you every step of the way, with advice on everything from down payment, qualifying, and selecting the right mortgage product.
Overview:
Now that you have arrived in Canada, home buying is one of your options
We understand and have the know how to assist new immigrants qualify for their first mortgage with our special mortgage products for new immigrants.
Call us so we can help you determine your qualifications for getting an approval for the first time in Canada. We will provide you with the the run down of what you will require and discuss with you your mortgage options.
Whether it is a shorter term or longer term mortgage, fixed or variable rate, you can depend on our expertise to assist you in the purchase of your new home.
Qualify
Minimum down payment required is 5%.
You will require proof that you have the income to handle your mortgage payments.
You may amortize your new mortgage over a maximum of 25 years, while you
may choose any term from 6 months to 10 years. Rate options are: fixed or variable, open or fixed.
Credit criteria is more flexible and we will discuss this with you during our consultation.
In case you do not qualify? No worries, we can still get you approved for a mortgage opportunity that is right for you. Learn More »
For more information on our New Immigrant mortgage solutions, call us today 1-877 237-2601 or fill out our online contact form.