Welcome to CanadaBienvenue au CanadaBienvenido a Canadáकनाडा में आपका स्वागत हैカナダへようこそChào mừng đến CanadaЛаскаво просимо до Канади캐나다에 오신 것을 환영합니다رحبًا بك في كندا欢迎来到加拿大יסונג צו קאַנאַדעCroeso i GanadaΚαλωσήρθατε στον Καναδάຍິນດີຕ້ອນຮັບສູ່ປະເທດການາດາ
NEW TO CANADA?
You need expert advice
Knowing how to apply for a mortgage in Canada as a newcomer is difficult. You need expert advice. Trust Jason and his team to guide you through the process, and get you great rates.
We understand that moving to a new country can be daunting, and we want to help you settle into your new home. As a newcomer, it’s difficult to know how to apply for a mortgage in Canada. You may be unfamiliar with our rules and regulations surrounding mortgages,
Jason and his team are here to help.
Mortgage connection is one of Calgary’s top up and coming Mortgage brokerages
We have been helping newcomers to Canada secure prime rates on mortgages so they can purchase their dream home, either as their primary residence or as a vacation home.
One of the great things about mortgages in Canada is that pre-approval is not difficult to obtain. Working with an expert relieves a lot of the stress and anxiety from the process, and helps you secure the best mortgage rate for your situation.
There are some of the key points you’ll need to be aware of if you’re thinking of getting a mortgage to buy a property in Canada:
To be eligible for a mortgage you typically need to have been steadily employed in Canada for at least three months.
Good credit history
You will need to have a good credit history, as this will assure lenders that you understand how to use credit wisely. To build a credit you should pay for your purchases using a credit card, and be sure to pay off at least the minimum balance before the due date each month. You can also prove your credit rating through international credit report agencies such as Equifax and TransUnion.
Any other documents that show you consistently pay back your lenders will help your mortgage approval process. These documents could include things such as receipts from landlords, credit card statements, and utility bills.