What is the New to Canada Mortgage?
- Our big bank lending partners offer what’s called a New to Canada mortgage program that provides individuals and families the opportunity to buy a home in Canada the non-traditional way.
- We understand that you may have a lack of Canadian employment history and/or an unestablished Canadian credit history, otherwise making it difficult to qualify for a mortgage.
- If you’re a newcomer to Canada, you will have more lenient guidelines than borrowers with established Canadian credit.
- If you’re a new Canadian with a permanent residency or non-permanent residency status looking to purchase your new home, but just don’t qualify the traditional way, our New to Canada program might just be for you!