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New to Canada Program

Qualified home buyers who have immigrated or relocated to Canada within the last 5 years are eligible under a New to Canada program to purchase a property with as little as a 5% down payment


  1. Purchase transactions only, up to 5% down payment.
  2. Maximum 2 units where 1 must be owner occupied.
  3. Maximum 25 year amortization.
  4. Must have immigrated or relocated to Canada within the last 60 months.
  5. 3 months minimum full time employment in Canada.
  6. 5% of down payment must be from own sources, remainder can be gifted by an immediate family member.
  7. Guarantors and Foreign Diplomats are not permitted.
  8. Must have a minimum beacon score of 620 to satisfy lender’s internal guidelines.

 

To get a FAST Pre Approval
Call 
905-306-7000 Today!

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