NEW TO CANADA
New to Canada – Let us help you buy your First Home in Vancouver
Canada welcomes buyers from anywhere in the world, and there are no restrictions on the types of properties people can buy.
Canadian non-resident mortgage financing options are available through most banks and other
institutional lenders as well as private mortgage lenders. For the most part, the process for
securing a mortgage for someone who is a non-resident of Canada, but wants to secure a mortgage
against Canadian property they own is very similar to what a Canadian citizen would go through for a residential home mortgage with a few key differences.
WHY NEWCOMERS LOVE FLASH FINANCIAL MORTGAGES
For many newcomers, buying a home in Canada is an important step towards feeling settled.
Whether it’s competitive financing or advice to help you find the perfect neighbourhood,
we can help make your homeownership dreams come true.
No Canadian credit history required. You may be able to qualify for a mortgage with little to no credit history.
Fast, easy approvals and solutions for newcomers to Vancouver. Our new to Canada solutions simplify the process of buying a home in a different country.
Competitive rates and a 120-day rate guarantee. We honour quoted rates for 120 days. If rates go down, you get the lowest rate available.
Take up to 30 years to repay your mortgage. If you have a down payment of at least 20%, you can take up to 30 years to repay your loan.
Non-residents buying in Canada may be eligible if the applicant is:
- Considered an acceptable credit risk
- Has a bankers reference/recommendation letter from their country of origin or international credit bureau
- Standard confirmation of income
- Verification of assets
- Satisfactory property appraisal