Newcomer Mortgage Solutions
Buying a Home in Canada as a Newcomer
New to Canada and ready to buy a home? Mortgage options may be available even with limited Canadian credit history. Paul helps newcomers understand lender requirements, down-payment options, documentation and the mortgage process.
Who This May Help
Newcomer borrower situations
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Permanent residents
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New Canadian citizens
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Work-permit holders
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Buyers with limited Canadian credit history
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Families using foreign savings or assets
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Buyers receiving gifted down-payment funds
What Lenders May Review
Documents and borrower details
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Immigration and residency status
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Canadian employment and income
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Foreign employment history
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Down-payment source
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Canadian or international credit history
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Bank statements and proof of assets
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Property type and intended use
Important qualification note
Mortgage approval and available financing are subject to lender criteria, borrower qualification, property review and applicable documentation. Commercial and newcomer mortgage requirements vary by lender and scenario.
Next Step
Review your newcomer mortgage options.
Discuss your status, income, credit history, down payment and documentation with Paul.