HERE’S WHAT YOU’LL NEED:
A new life in Canada starts with a NEW HOME. With mortgage financing, home ownership for new Canadians possible.
- A valid work permit or verification of landed immigrant status
- 3 months of employment history. If you arrived as part of a corporate relocation, you are exempt from this requirement.
- Down payment of 5% if you have full-time employment
REMEMBER YOU HAVE OPTIONS
There are other ways to demonstrate credit-worthiness that lenders will recognize such as:
- Proof of 1 year’s timely rent payment history (to a nonfamily member)
- 12 months of payment statements fo utilities, phone, cable, and documented savings