New to Canada Mortgage

Moving to Canada is a fresh start — and owning a home can be part of it sooner than you think. Special New to Canada mortgage programs exist precisely because newcomers often don’t have years of Canadian credit history yet.

What’s possible

  • 1

    As little as 5% down for permanent residents (and many work-permit holders) under newcomer programs.

  • 2

    Limited Canadian credit is okay. Lenders can use alternative proof — an international credit report, or 12 months of rent and utility payments paid on time.

  • 3

    Both permanent residents and temporary/work-permit holders can qualify, with program details varying by status and lender.

What helps your application

A letter of employment and recent pay stubs

A bank reference or international credit report

Proof of your down payment (and that it's been in your account - 'seasoned')

A valid status document (PR card, work permit, etc.)

Self-employed and new to Canada?

This is one of the trickier combinations, but it’s very doable with the right lender and structure. I help newcomers with incorporated businesses regularly — let’s map out your path.