New to Canada Mortgage in Foothills County, AB

Welcome!

Looking to make Canada your new home eh? We have tailored solutions in mortgages for newcomers to Canada. With flexible options, low down payments, and personalized guidance, we make homeownership in Canada a reality for you. Lets get started!

New to Canada program is designed to help those who have recently relocated or immigrated to Canada purchase a home sooner with as little as 5% down payment. This means homebuyers can borrow up to 95% loan-to-value (LTV).

How to qualify for New to Canada Mortgage program:

You may be eligible to buy a primary residence home in Canada if you:

are a permanent resident
hold a valid work permit and have permission to work in Canada (other details may apply)
are a refugee or temporary worker (other details may apply)
relocated or immigrated to Canada within the last 5 years

How much down payment is required for New to Canada mortgage?

Minimum 5% from your own savings, RRSP, non-repayable gift from a close family member or legal relationship. (other sources may be acceptable)

What else is required?

Confirmation of employment and income
Confirmation of good credit (does not have to be Canadian credit history)

Is New to Canada Mortgage a right fit for me?

If you have recently moved to Canada and want access to homeownership without a long established credit history in Canada, this is a great option to help you become a homeowner.

New to Canada Mortgage has fixed, variable and adjustable rates.

Connect with us today to see if this is the program for you!