Just because you are a new immigrant does not mean that you should have to wait to purchase a home. We know it is not easy to find a mortgage for newcomers to Canada and it is difficult to show an income statement. We will walk you through the entire process from start to finish. We are here to make sure you get the best rate and product possible for your first home in Canada.
As a new immigrant in Canada, (less than 36 months), you might be allegeable for the New to Canada Mortgage Program, which would allow you to obtain a mortgage with a down payment of 5% (up to 95% LTV) with no minimum income requirement and with extended amortizations. With access to multiple lenders, we’ll help you find the best rates and best mortgage options to help you buy your dream home.
*Subject to approved credit, income verification and meeting lending credit granting criteria. (Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice).
At Mortgage King, the only thing that matters to us is the home loan that's right for you.