The "New to Canada Program"makes it possible for individuals relocating to Canada to purchase a home with as litlle as 5% down payment , relocated within last 24 months.
PROGRAMS:
- 5% down payment from own resources + work visa or landed immigrant status + international credit bureau + 3 months of full employment in Canada.
- 10% down payment + work visa or landed immigrant status + letter of reference from a recognized institution + 3 months of full employment in Canada.
- 35% down payment +work visa or landed immigrant status + credit waived + employment waived
TIPP!!!
IF YOU ARE IN CANADA ON A WORK PERMIT , YOU CAN STILL GET A MORTGAGE , UPON QUALIFICATION .