Mortgage Centre


Tracy Irwin

- Mortgage Broker

Mortgage Strategies

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New Immigrants to Canada

Newcomer to Canada? - watch video

Newcomer MortgagesNewcomer to Canada? What You Need to Know About Mortgage Financing

Are you new to Canada and not sure where to turn for sound advice on qualifying for a mortgage? The Canadian lending industry has stepped up to create some new solutions to help you access financing and realize your dream of home ownership.

If you are a newcomer to Canada either with temporary status, a permanent status or living as an expatriate and looking for mortgage financing, there are some unique challenges.

The single biggest obstacle you will face is being able to provide credit history. Some international credit reports are incomplete and not reliable in providing the documentation required to qualify for a mortgage according to Canadian lending guidelines.

The mortgage financing industry has stepped up and created some new solutions to help newcomers to Canada access financing and homeownership. With as little as

  • 3 months full time employment in Canada (borrowers under a corporate relocation program are exempt)
  • a valid work permit or landed immigrant status

you can qualify for a mortgage with as little as a 3% down payment. In some cases, you may even qualify for 100% mortgage financing.

If you are not able to secure an international credit report, some alternative sources of credit history include

  • a letter of reference from a recognized financial institution
  • six (6) months of bank statements from your primary account
  • twelve (12) months of rental payment history from your landlord
  • twelve (12) months of statements for utilities, cable, telephone, childcare expenses, insurance premiums, documented regular savings

For additional information, click How to pre-qualify for your mortgage and First time home buyers.  

We want to help immigrants to Canada find mortgage financing today!
Call for personalized complimentary mortgage consultation
For your personalized complimentary consultation,please contact Tracy Irwin at toll-free number 1-866-797-7616 or contact her online at

Financing your mortgage loan needs in Stoney Creek, Burlington, Waterdown, Oakville, Hamilton, Ancaster and Dundas, Ontario.

R.D.M. Financial Consultants Ltd. Brokerage Licence # 10716 Each Mortgage Centre office is independently owned and operated