September 21, 2017

New to Canada Program

You have made Canada your new home and now you are looking to purchase a home of your own.  Qualified homebuyers who have immigrated or relocated to Canada within the last 5 years are eligible under the New to Canada Program to purchase a property with as little as 5% down payment.  The most difficult obstacle for new immigrants is to prove their credit history.  If you do not have any credit in Canada, there are ways to prove your credit worthiness via your bank statements.  You can confirm the timeliness of your payments on your rent, utilities, cell phone, insurance etc.  We can also obtain a credit report from your country of origin.  I strongly recommend that you start to establish your credit as soon as possible; I can help you with this process.

 

Take a look at http://mortgagesbycolleen.ca/frequently-asked-questions/ or

http://mortgagesbycolleen.ca/resources/ to assist you in finding helpful information in purchasing your new home.