Mortgage Programs for Newcomers
As Little as 5% Down
Newcomer programs with as little as 5% down payment for qualified buyers.
International Credit Considered
Lenders can consider your international credit history when you're new to Canada.
Work Permit Holders Welcome
Foreign workers with valid permits and stable employment can qualify for mortgages.
Standard Rates for PRs
Permanent residents access the same competitive rates as Canadian citizens.
Build Canadian Credit
Guidance on establishing and building your Canadian credit history effectively.
Multilingual Support
Multilingual support available to help you navigate the Canadian mortgage system.
Welcome to Canada — Welcome Home
Buying a home in a new country can feel daunting, especially when the mortgage system is unfamiliar. We help newcomers — whether permanent residents, landed immigrants, or foreign workers — navigate the Canadian mortgage landscape with confidence.
You May Qualify Sooner Than You Think
Some newcomer programs require as little as one day of residency, while others prefer three months of employment history. Many lenders accept international credit reports or use alternative qualification methods, so a lack of Canadian credit history isn't always a barrier.
Programs Designed for Newcomers
From low down payment options to credit-building strategies, we connect you with newcomer-friendly lenders offering the best terms for your specific situation.
Building Your Canadian Credit Profile
A strong Canadian credit history helps you access the best mortgage rates. If you're new to Canada, we guide you through establishing credit — from secured credit cards to building a payment history that lenders trust. Even without Canadian credit, many programs use your international credit report or alternative qualification methods to get you into a home sooner.
See If I Qualify
Our 3-Step Newcomer Process
1. Status Review
Confirm immigration status, residency timeline, and employment situation in Canada.
2. Credit Building Strategy
If needed, establish Canadian credit history or use international credit references.
3. Program Match
Connect you with newcomer-friendly lenders offering the best terms for your situation.
Down Payments and Documentation
Newcomer programs typically require a minimum 5% down payment for qualified buyers. The exact amount depends on your residency status, employment, and the lender's specific program requirements.
What You'll Need
Proof of immigration status (PR card, work permit, or landed immigrant documentation), employment verification, proof of down payment, and either Canadian or international credit references. We help you assemble everything you need.
Some programs require only 1 day of residency in Canada — you may qualify sooner than you expect.
New to Canada Mortgage Frequently Asked Questions
Ready to Buy in Canada?
Let us help you navigate the Canadian mortgage system with confidence. Newcomer programs are designed to get you into your first Canadian home.