New to Canada Mortgage Solutions

Helping Newcomers Become Homeowners

Starting a new life in Canada comes with many important decisions — and buying a home is often one of the biggest.

Many newcomers worry that limited Canadian credit history or recent arrival will make homeownership impossible. In reality, specialized mortgage programs are designed specifically to help new residents purchase a home sooner than they expect.

Whether you’re a permanent resident, on a work permit, or planning a move to Canada, there are financing options available.

Home Financing for Newcomers

Government-backed mortgage insurers and major lenders offer programs that recognize international experience, savings, and employment — not just Canadian credit history.

Depending on your status, you may be able to:

✔ Purchase a home with as little as 5% down (permanent residents)
✔ Qualify using alternative proof of payment history
✔ Access competitive interest rates
✔ Buy sooner without waiting years to build credit
✔ Purchase with temporary or non-permanent status in many cases

These programs apply to owner-occupied homes and are subject to standard approval requirements.

Limited Credit History? There Are Alternatives

If you don’t yet have a Canadian credit score, lenders may consider other forms of reliability, such as:

• Rent payment history
• Utility or telecom payment records
• Bank statements showing savings and deposits
• Employment verification
• International credit reports or bank references

This allows many newcomers to qualify even without an established Canadian credit profile.

Non-Permanent Residents and Work Permit Holders

Individuals living and working in Canada on valid permits may also qualify for insured mortgage financing.

Typical requirements may include:

• Valid work permit and employment in Canada
• Stable income
• Minimum down payment (often around 10%)
• Purchase of an owner-occupied property

Non-Resident Purchases (Living Abroad)

Canadians living overseas and non-Canadian citizens may also be able to purchase property in Canada through specialized lending programs.

These programs typically require:

✔ Larger Down Payment

Usually a minimum of 35% from your own funds, held in a Canadian bank account prior to closing.

✔ Proof of Income

Employment letter confirming position, salary, and job stability, along with recent pay statements.

✔ Credit Verification

International credit reports, bank references, or documented payment history.

Lender policies vary depending on property location and applicant profile.

Serving Newcomers Across Niagara

We proudly assist new Canadians settling throughout:

St. Catharines
Niagara Falls
Thorold
Welland
Fort Erie
Port Colborne
Grimsby
Lincoln
Niagara-on-the-Lake
And communities across Southern Ontario

Whether you’ve just arrived or have been in Canada for several years, we can help you understand your options and move forward with confidence.

A Clear Path to Homeownership

Every newcomer’s situation is unique. Our role is to match you with lenders and programs that reflect your real financial strength — not just how long you’ve been in the country.

As a Top 5% Mortgage Professional in Canada, Cam works with a wide network of banks and lenders experienced in newcomer financing.

Ready to Explore Your Options?

If you’re new to Canada and considering buying a home, a confidential consultation can clarify what’s possible and what steps will strengthen your application.

Use the Apply button or schedule an appointment to get started.