New to Canada Mortages

Recently immigrated to Canada? Understanding how mortgages work is crucial to making informed decisions. I will guide you through the process and help you choose the best lender and mortgage option for your situation.

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Temporary Residents

  • Work Permit Holders: To qualify for a mortgage, you must have at least 183 days remaining on your work permit at the time of purchase. The property must be your first home and owner-occupied.
  • Permanent Residents: As a permanent resident, you are eligible to purchase property in Canada under the same rules as Canadian citizens.
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