Mortgage for People New to Canada
Just because you are a fresh immigrant does not mean that you have to wait to buy a house. If you have been in Canada for less than 3 years, have landed immigrant position, and have been employed in Canada for a minimum of 3 months, you can qualify for a mortgage.
The papers you will require include a letter from your employer, a fresh pay stub, and 12 months verifiable bank statements from an accepted financial institution. This can include a financial institution from your country of basis if you have been in Canada for below 12 months. Also acceptable is 12 consecutive months of 2 certifiable monthly payments in fine standing. (e.g. phone or utility bill).
With access to several lenders, we’ll assist you find the mortgage options to assist you buy your dream home. Give us a call today!