Mortgage Solutions for People New to Canada
Welcome to Canada!
Just because you are a new immigrant does not mean that you have to wait to purchase a home. If you have been in Canada for less than three years, have landed immigrant status, and have been employed in Canada for a minimum of three months, you can qualify for a mortgage.
What is Private Mortgage Lending?
The documents you will need include a letter from your employer, a recent pay stub, and 12 months verifiable bank statements from a recognized financial institution. This can include a financial institution from your country of origin if you have been in Canada for less than 12 months. Also acceptable is 12 consecutive months of 2 verifiable monthly payments in good standing. (e.g. phone or utility bill).
If you live in the Toronto, Mississauga, Burlington or Oakville areas I can definitely help you with answer any questions you might have.
With access to multiple lenders, we’ll help you find the best rates and best mortgage options to help you buy your dream home.