New To Canada
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- If you have been turned away by the big banks or other mainstream lenders because you are a new immigrant in Canada, you have options.
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- There are many mortgage programs that exist to help new Canadians secure a mortgage — and we can help you find the right one for your situation.
Your ability to secure a mortgage will depend on three main factors:
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- Your status as a permanent resident in Canada: Permanent residency makes it possible for new Canadians to apply for traditional mortgages through A lenders.
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- Your credit rating in Canada: If you are planning on buying a home in the future, we recommend that you start building your credit score up as soon as possible.
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- The size of your down payment for a home: Your down payment amount for a new home is a major factor in securing a mortgage as a new Canadian.