Have you immigrated to Canada within the last few years? Find out how you can qualify for that home today!

The 'New To Canada' Mortgage Plan

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How It Works

Purchasing a Home When You Are New To Canada

The New To Canada mortgage program makes it possible for people that have relocated to Canada to purchase a home sooner with as little as 5% down.  The program helps new Canadians purchase their first home, build equity, and become economically established in Canada.

Securing financing for a home in a new country can be a challenge.  As an expert in Canadian mortgages, I help people who are new to Canada obtain affordable financing.  The program is for both permenant residents as well as those here on a valid work permit.

Credit and work history are very important when trying to obtain a mortgage. Unfortunately, as a newcomer to Canada, you may not have a credit history that is accessible to Canadian lenders. If you want to buy a home, it is important to begin building a new credit history as early as possible.

Some banks and mortgage companies will consider factors other than a traditional credit history when processing a mortgage application under the New to Canada program.  For example they will consider the payment of rent or room and board for a 12-month period, plus proof of one additional payment (for example, a utility or cable bill).

To find out more or to see if you and your family would qualify under the New To Canada mortgage program, contact me today.

Here are some things that will help show the lenders you are able to repay a mortgage:

Open a bank account.

If you're showing that you have transactions that take place in Canada, banks recognize you have a need to continue to reside here!

Consistently pay your bills on time

This includes your Rent, Utilities, Phone, Cable, and Insurance Premiums. If you're showing consistency here, you'll be off to a great start.

Apply for and use a credit card

One of the fastest ways to get your credit recognized is with 'revolving credit'. Borrowing and paying back in a timely fashion.

Apply for small loans from a bank

This could be for a car or a recreational vehicle. Anything where you make regular payments to pay off a balance.

Maintain Consistent Employment

Try to remain with the same employer for an extended period of time. This shows you have consistent income and can commit to something you put your mind to.

Find out if you can be approved!

Chances are you are closer than you think! Contact me today or take this quiz to find out!

Take the Quiz