Making a fresh start in Canada?
You’re not alone. Every year over 270,000 people emigrate to Canada, of which over 140,000 make Ontario their new home. The majority of them settle in the GTA.
Moving to a new country can be an incredible experience; one with new and exciting opportunities. Canada is an especially attractive country in which to settle as it offers you the chance to create a better lifestyle for yourself and your family, while contributing to the prosperity of the country.
Immigrating can also be full of challenges as adopting a new culture; perhaps a new language and a new way of life can be difficult, especially during your first year after arrival.
There are programs and institutions that are available to assist in making the transition smoother.
Newcomer to Canada Mortgage Program
The Mortgage Professionals at Mortgage Alliance – Main Street Mortgages can help you with financial process of purchasing your first home in Canada. We’ve attempted to make the qualifying process as simple and as straightforward as possible.
Our Newcomer to Canada Mortgage Program allows you to purchase your first home in Canada even if you have NO ESTABLISHED CREDIT here.
Qualification Criteria
- Proof of Employment in Canada
- 5% of the Purchase Price for Downpayment
- Additional 1.5% of the Purchase Price for Closing Costs
Understanding Canadian Mortgage Rules
When arranging a Newcomer to Canada Mortgage, our priority is to ensure that you understand the mortgage financing process. This is important as there may be differences in the rules in Canada from the rules that are in place in your country of origin.
Owning a home is one of the primary objectives of many Canadian families. Among other things, it provides you and your family:
- A place to live
- A solid appreciable asset; and
- A chance to participate in the prosperity of the country
With the Newcomer to Canada Mortgage Program, you have the opportunity to purchase and own you own home in Canada right away.
If you’re unsure if you qualify under the Newcomer to Canada Mortgage Program, contact a Mortgage Professional at Mortgage Alliance – Main Street Mortgages to review your specific circumstances. There may be alternative ways of demonstrating your ability to afford a mortgage.
The Mortgage Professionals at Mortgage Alliance – Main Street Mortgages can show you how we can help to make homeownership easier under the Newcomer to Canada Mortgage Program.
For your FREE, NO OBLIGATIONS consultation, contact a Mortgage Professional with Mortgage Alliance – Main Street Mortgages, 1-877-226-4810.
