If you’re new to Canada within the last 5 years, you can certainly be qualified to purchase a home with as little as 5% down payment!
Typically, you’re required to prove that you’ve been employed for at least 3 months, unless you’ve being transferred under a corporate relocation program. You will need to provide a valid work permit or proof of landed immigrant status. If you have no Canadian credit, you may be able to provide documents from your home country supporting your financial position, or you can provide a year’s worth of utilities bills here in Canada!
The good news is that we can find a way to get you into your own home! For more details, please call us and we’ll be glad to meet and explain the qualification process. We are located by Square One Shopping Centre in Mississauga, and we can offer you the lowest mortgage rates on the market!