Your new country. Your new home.
Canada welcomes 500,000+ newcomers annually. Special mortgage programs exist specifically for new permanent residents and work permit holders - even without Canadian credit history.
Check my eligibility →5%
Min down payment
0
Years Canadian credit needed
500K+
Newcomers/year to Canada
65+
Lenders in our network
Programs designed for newcomers
New permanent residents
Arrived within 5 yearsLanded within the past 5 years? You may qualify for a mortgage with just 5% down and no Canadian credit history. International credit can sometimes be used.
Work permit holders
1+ year remaining on permitValid work permit with a minimum of 1 year remaining? Several lenders offer mortgages to non-permanent residents working in Canada.
International students
With employment offerGraduate students with full-time employment offers may qualify. Some programs accept co-signers who are permanent residents.
Foreign buyers (non-resident)
Case-by-caseWhile rules have tightened, some exceptions exist for relocating workers and certain visa holders. We know which lenders still approve.
What you'll typically need
Documents
- • Confirmation of Permanent Residence (COPR) or valid work permit
- • Employment letter with salary details
- • 3 months bank statements (Canadian or international)
- • Proof of down payment source
- • International credit report (if available)
Tips for faster approval
- • Open a Canadian bank account ASAP and start depositing
- • Get a secured credit card to start building credit
- • Keep international banking records accessible
- • Save all pay stubs from your Canadian employer
- • Get a pre-approval before house hunting - start here
Check our mortgage calculators to see what you can afford, or visit our Knowledge Hub for newcomer guides.
Welcome home
We've helped thousands of newcomers become Canadian homeowners. Let us help you too.
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