Did you know that financing for clients new to Canada can obtain a mortgage with as little as 5% down?

Here’s what is required for a financing approval:

All Loan To Values:
» Valid work permit or verification of landed immigrant
» Income confirmation
» Down payment confirmation, own funds
» Purchase agreement
» Immigrated to Canada a maximum of 5 years ago
Up to 90%:
» Letter of reference from a recognized financial institution
or six (6) months of Canadian bank statements from
primary account
90.01 – 95%:
» International credit report demonstrating a strong credit
» Two (2) alternative sources of credit demonstrating timely
payments (no arrears) for the past 12 months
Please contact The Mortgage Centre for more information!