Best Edmonton Mortgages

New to Canada

Many times clients who are New to Canada may have a tough time finding lending solutions. Some Financial institutions struggle with programs for "New to Canada" residents because it is often hard to prove the individual's credit and job history. However, there are programs in place that can help people in this type of situation.

"I am a permanent resident, but have not been in Canada long enough to establish a Canadian Credit history. Is there anyway to get a mortgage?"

Definitely, many banks have a welcome to Canada Program. This allows the borrower to use an international credit bureau or alternate sources of credit history. This may include as little as 12 months confirmed rent payments and a bill payment with no late payments or 12 months of three bill payments (cable, utilities, childcare) with no late payments. This allows someone who has done all the right things but is just new to the country to get the mortgage they deserve.

Common Mortgage Questions Answered 

Mortgage Videos

• Determining the Best Mortgage Term

  Determining the Best Mortgage Term

• Why Use a Mortgage Professional

  Why Use a Mortgage Professional

• Using Home Equity to Your Advantage

  Using Home Equity to Your Advantage

• Self Employed Mortgage Solutions

  Self Employed Mortgage Solutions

• Paying Off Your Mortgage Faster

  Paying Off Your Mortgage Faster

• Mortgage Life Insurance Explained

  Mortgage Life Insurance Explained

• Understanding Your Credit Report

  Understanding Your Credit Report

• Getting a Mortgage Pre Approval

  Getting a Mortgage Pre Approval

• Fixed Rate or Variable Rate

  Fixed Rate or Variable Rate