Moving To Canada, Is It Possible To Get A Home Mortgage?

rtbc   |     |   1 posts since 2016

Hi all,

Me and my family (from India) are moving to Canada in 1-2 Month. I got a job there in Canada and wanted to settle there. Thinking about getting a home mortgage in few months , but i am not sure if i can get a mortgage being a newcomer.

Also, i can manage a good amount as down payment. Lest say may be around 10-15% of the Total Mortgage amount.


Shorebreak   |     |   4,118 posts since 2010
With proper documentation purchasing a home in Canada doesn't appear to be a problem for newcomers.

Buying Your first Home in Canada
What Newcomers Need to Know

Comparing Canada and U.S. Housing Finance Systems

Canada's Only Independent Mortgage Website
jacksonE   |     |   1 posts since 2016
Purchasing a new home and getting a mortgage as a newcomer to Canada is not difficult. Having a higher amount of down payment makes the application much easier. I would suggest contacting a mortgage broker, as they will be able to find a mortgage that suits your financial needs. There are a few popular brokers in Canada; Brevity Capital, Northwood Mortgage, and Sherwood Mortgage Group.

I hope you get the right deal.
Good Luck,

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.