New to Canada Mortgages in Oakville

The brokers at eMortgage Solutions can show newcomers to Canada through each step of the mortgage process. Our brokerage firm and expert advice are tailored to the needs of each newly arrived Canadian. We welcome you to Canada and will help you establish yourself financially and economically in your new country.

There are several mortgage options for new Canadians. Our brokers will help you attain your dreams of homeownership. Reach out to us today at (416) 258-0156 to schedule a consultation.

Can a Permanent Resident Get a Mortgage in Canada?

Permanent residents who have resided in Canada for at least two years are eligible for a mortgage, as can any citizen.

For new immigrants who are not yet permanent residents, mortgage options are available as well. If you possess a work visa and sufficient work experience in the country, you may be eligible for a mortgage.

From comparing various mortgage options to simplifying the application process, we will get you closer to qualifying for a mortgage. Your broker at eMortgage Solutions will be happy to show you your options.

Who Is Considered a Newcomer to Canada?

Canadian newcomers are considered to be those who have been in Canada for at least three months, but no longer than 60 months (5 years). We will help newcomers determine their eligibility and settle into the housing market.

Can You Buy a House Without Extensive Credit or Employment History?

Though it is an advantage to have a good established credit history, many lenders realize that newcomers haven't had the opportunity to do so.

Applying for mortgages will require you to submit the following information:

  • Proof of employment
  • Proof of income
  • Total debts, in this and your native country
  • Proven ability to pay down payment and other expenses

Even without sufficient credit or employment history, your broker can help you to locate mortgage options with low down payments and interest rates. Discuss your options by scheduling a consultation today.

What Incentives Are Available to Canadian Newcomers?

A number of lenders offer specialized mortgage products and options suited to immigrants. If you meet the eligibility requirements, you may qualify for a competitive mortgage, even with a limited financial history in the country.

eMortgage Solutions's brokers will present you with lenders who offer these options. You can count on our proven experience to provide you with the advice and guidance you need.

Contact us today to learn more. We look forward to working with you.

eMortgage Solutions Can Help New Canadians Find a Mortgage

A mortgage broker can help you with all the various steps involved in a mortgage application. We accommodate to all situations and help you to make the best, most informed financial decisions.

Working impartially, we show you through a vast range of lenders and point out various incentives. We'll collect all the necessary information for the application and show you through each point of the process.

Our skilled and helpful team has years of experience and proven qualifications. If you are considering homeownership, we are the brokers for you.