New to Canada – Welcome
Are you new to Canada? If you have either recently arrived in Canada, are considering moving here or just want to purchase a vacation home, you should know that you do have options when it comes to mortgage financing. There are many innovative products that have been created by many mortgage lenders for clients like you.
When it comes to the down payment, New to Canada Permanent Residents and Temporary Residents will be happy to hear that they can purchase with as little as 5% down at the best market rates. Non Residents however are required to have a larger down payment (usually 35% of the purchase price).
As each client that is New to Canada has different circumstances, it is best to discuss your individual situation with one of Nova Mortgage Brokers.
The Nova Team Would Like to Work With You