New to Canada

Welcome to Canada. Buying here as a newcomer isn't harder—it's just different. The big banks have specific newcomer programs, and we know which one is best for your immigration status, country of origin, and employment situation.

Programs by status

Permanent Residents

Same access as Canadian citizens. We focus on building Canadian credit fast if your file needs it.

Work permit holders

Several lenders offer mortgages with as little as 10% down. Two-year minimum permit term is typical.

Foreign income earners

Programs that accept overseas income from select countries with proper translation and verification.

International students

Limited but real options exist for students with co-signers or significant down payments.

Building Canadian credit

If you've been in Canada less than two years, your credit file may be thin. We help you understand what lenders will accept—international credit reports from your home country, two-year track record of rent and utility payments, and the right mix of Canadian credit products.

Down payment sourcing

Funds from outside Canada need to be on deposit in a Canadian institution for at least 90 days, or supported by a clear paper trail. We coach you through documentation early so closing isn't held up.

Frequently asked

I have no Canadian credit. Can I still get a mortgage?

Yes. Several major lenders' newcomer programs accept international credit bureau reports or alternative credit (rent, utilities) for up to 5 years after landing.

Do I need to be a citizen to buy a home?

No. Permanent Residents have full access. Work-permit holders can also qualify. There are restrictions on non-resident purchases under federal rules—we'll confirm your eligibility upfront.

How much down payment do I need as a newcomer?

5% if you're a PR with insurable income. 10–35% on work permits depending on the lender and program.