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New Mortgages for New Immigrants

This is a new product for new comers to Canada.  We can arrange a mortgage for you if you have been rejected by your bank or other brokers in most cases.  Please call for details.

Key Benefits & Requirements

  • Sin number starting with  9  is accepted.
  • Up to 85% loan to value for single family, owner occupied dwellings (15% down payment is required from borrower’s own resources.
  • Up to 80% loan to value for owner occupied high-rise condos.
  • Currently applicable for  “urban area” MLS PURCHASE only  (Maximum purchase price of $500.000 – exceptions may apply).
  • No credit history accepted and No beacon score required.
  • SELF DECLARED income acceptable.


 

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