"We are so thankful to you. Your efforts helped us a lot, because of your effort our dreams come true and we were able to buy our first home in Canada. We really appreciate what you did for us in short period of time. I definitely recommend you to my friends and colleagues who wanted to buy their homes."  - Wajid Ali, Calgary, Alberta

"My husband and I were trying to secure a mortgage on our home that was previously paid off.  Even though we both had high credit scores, it was difficult for me to obtain a loan as I had just become a Canadian resident a few months earlier and did not have any credit established in Canada.  In addition, I am self-employed with my income coming from the United States.  My husband is semi-retired, so he was unable to qualify for the loan by himself.  Karen’s experience was evident as she returned all of our phone calls promptly and was able to answer all of our questions to our satisfaction.  She secured the best interest rate and highest loan amount for us as compared to any other mortgage service we contacted.  She was also efficient in completing the loan process in a timely manner.  We would recommend her services to anyone and especially those with unusual circumstances." - Stephen & Tanya, Alberta

The New to Canada Mortgage Insurance program makes it possible for individuals relocating to Canada to purchase a home sooner with as little as 5% down.  Learn How.

The New to Canada Mortgage Insurance program makes it possible for individuals relocating to Canada to purchase a home sooner with as little as 5% down.  Through this program, CMHC helps new Canadians purchase their first home, build equity, and become economically established in Canada.

Some of the Highlights

• Access to all CMHC purchase and refinance products for 1-4 unit residential properties
• No minimum period of residency required
• No additional fees or premiums as a result in residency status
• Where there is limited Canadian Credit history and where foreign credit bureaus are not available, CMHC will consider alternative sources of payment history
• Extended amortization available up to 35 years

Program Guidelines

• work visa and application for Landed immigrant status
• Alternative Sources of Credit History - ie Renting - or room and board -confirmation of payment for 12 or documentation of regular savings for 12 months
• Confirmation of any Utiltities, cable bills, Childcare expenses, Insurance premiums for 12 months
• These must show all payments made on time with no late payments.

 Qualifications

• Immigrated or relocated to Canada
• 3 months minimum full time employment in Canada
• Minimum employment requirement waived for those being transferred under a corporate relocation program
• Valid work visa or obtained landed immigrant status
• All debts held outside the country must be included in the total debt servicing ratios ( rental income earned outside of Canada is to be excluded from the GDS/TDS calculation)

Documentation and Down payment requirements