Newcomer To Canada

New to Canada

Sometimes those who have recently come to Canada face challenges when trying to get mortgage financing approved from banks and other lenders. This may occur because of a lack of Canadian work history and credit history, which causes challenges with determining financial eligibility.

First Canadian Mortgage Corporation can help you overcome these financing challenges. Credit history and a minimum downpayment of 5% are important factors when purchasing a home. There are several ways to help establish credit worthiness in Canada including evidence of timely payments for rent, utilities, telephone, cable, insurance as well as bank statements.

We have access to many lenders, and will work for you to secure the best mortgage financing options.