Mortgages for New CanadiansThis information applies to Ontario residents only
Being an immigrant myself – landed in 1997 – I know the challenges new Canadians face. My support staff at VERICO Designer Mortgages Inc. and I are here to help you in figuring out the ins and outs of the mortgage industry in Ontario.
In order to help you settle in comfortably with your new life as a Canadian, we can assist you with a smooth transition to Canada, including your financial affairs.
Qualified homebuyers who have immigrated or relocated to Canada within the last 5 years are eligible under Genworth’s New to Canada program to purchase a home with as little as a 5% downpayment.
- Must have immigrated to Canada within the last 5 years
- Must have a valid work permit or obtained landed immigrant status
- All debts held outside of Canada must be included in the total debt servicing ratio
- No guarantors are permitted
Remember that my services are free to you, I am paid by the lenders I work with. The lenders compete for your business and you save!
Mortgages, secured VISA credit cards, these are all necessities that newcomers strive to attain. I can assist you in creating a strong credit history so you can purchase a home in your new country.
Moving to a new country can be overwhelming and sometimes confusing, we will assist you every step of the way through the financial aspect and also connect you to our business partners for such day to day services as local Babysitters, painters, contractors, lawyers…. and the list goes on, anything we can do to make the transition to our wonderful country a pleasant and hassle free experience.
More information on this program can be found here.