New to Canada

Helping new comers to Canada buy their first home

Congratulations on taking the exciting step towards becoming a home owner in Canada as a newcomer. Get Started Today

We understand that this transition can be both thrilling, but also filled with unique challenges. Rest assured, we’re here to offer you guidance and support, acknowledging the complexities of your situation to give you the best tailored plan. Let’s walk through the process together:
Legal Status and Residency:
To begin, make sure you have the necessary legal status and residency in Canada. Most lenders require permanent residency or a valid work permit or visa with ample duration.
Building Your Credit History:
Establishing a Canadian credit history may seem daunting, but we’re here to help. Consider applying for a Canadian credit card and making regular payments to kickstart your credit journey.
Stable Employment and Income:

Establishing stable employment and income in Canada enhances mortgage prospects. We assist in preparing necessary employment and income verification documents for your mortgage journey. 

Saving for a Down Payment:
Saving for a down payment is a significant milestone. While the minimum requirement varies from 5%+, a larger down payment can improve your chances of securing a mortgage.
Mortgage Pre-Approval:
Before you start house hunting, it’s a good idea to get pre-approved for a mortgage. This not only helps you understand your budget but also shows your commitment to sellers.
Exploring Mortgage Options:

Collaboratively, we navigate diverse lenders and mortgage options, prioritizing your unique needs and understanding the challenges newcomers encounter in a new country.

Gathering Documentation:

We assist in collecting vital paperwork like bank statements, employment letters, pay stubs, and proof of down payment source, ensuring compliance with residency requirements.

Completing the Mortgage Application:

We guide you through the detailed mortgage application process, ensuring accurate representation of your financial situation and credit history for a seamless experience.

Awaiting Mortgage Approval:
Your lender will carefully review your application and conduct a credit check. If all goes well, you’ll receive a mortgage offer detailing the interest rate and terms.
The Closing Process:

After finding your dream home, your lender will lead you through signing the mortgage agreement, providing insurance proof, and completing necessary paperwork.

Welcome to Homeownership:

Congratulations on homeownership in Canada!  Congratulations on this remarkable milestone. Your journey to owning a piece of Canada’s beauty begins now. Enjoy the adventure!

We understand that the journey to homeownership in a new country can be challenging. Your unique circumstances deserve personalized attention. Our team of experts specializes in assisting newcomers, and we’re here to make this transition as smooth as possible. You’re not alone on this journey; we’re here to support you every step of the way.

Welcome to your new home in Canada

What can we help you with?

Own a business?

self-employed
Self-Employed

Newcomer to Canada?

newcomer
New to Canada

Facing bad credit issues?

bad-credit
Bad Credit

Buying a rental property?

rental-properties
Rental Properties

Buying a property?

HNI-icon
High-Net-Worth Individual
Are you interested in

Buying a Home

Learn if you’re truly prepared to buy your first home

Read More

Refinance

Make a smart move by refinancing your mortgage.

Read More

Line of Credit

Understand when to apply for (HELOC) Line of Credit.

Read More

Ask a Question

Didn’t find what you were looking for? Reach out to us
Read More