Ask the Mortgages Expert – Erin Haiste, AMP

MortgagesExpert

Ask the Mortgages Expert –  Erin Haiste, AMP

A NEW LIFE IN CANADA..

STARTS WITH A NEW HOME.

With Mortgage Financing, home ownership for new Canadians is possible.

Here’s what you’ll need:

  • A valid work permit or verification of landed immigrant status.
  • 3 months of employment history. If you arrived as part of a corporate relocation, you are exempt from this requirement.
  • A down payment of typically 5% if you have full-time employment.

Remember, you have options!

There are other ways to demonstrate credit-worthiness that lenders will recognize such as:

  • Proof of 1 year’s timely rent payment history. (To a non-family member)
  • 12 months of payment statements for utilities, phone, cable, documented savings or insurance premiums.

I have excellent relationships with multiple lenders who specialize in programs designed for new Canadians.

I look forward to helping you with your first home in Canada!

 

CALL TODAY!