New to Canada Mortgage

Mortgage Agent based in London and Windsor, Ontario

New to Canada Mortgage

Newcomers to Canada are playing an ever-increasing role in Canada's future population growth.

Many lenders have policies in place which can accommodate clients who have immigrated to Canada.
As a result, mortgage financing is available to borrowers with a permanent and non-permanent residence status with the goal of helping newcomers realize their dream of homeownership in Canada.

The New to Canada Mortgage Program helps individuals who have recently immigrated or relocated to Canada within the last 5 years to purchase property with as little as a 5% down payment.


  • Accessible to permanent and non-permanent residents.
  • No minimum period of residency required.
  • Alternative sources of establishing creditworthiness may be considered for permanent residents.
  • Mortgage loan insurance is limited to the purchase of a 1-unit property, owner-occupied, for non-permanent residents

Permanent Residents

Newcomers to Canada with permanent resident status have access to purchase a home with a minimum down payment starting at 5%.

If there is limited Canadian credit history, and where foreign credit bureaus are not available, mortgage insurers may consider alternative sources of payment history.

Non-Permanent Residents

Non-permanent residents must be legally authorized to work in Canada (with a work permit). Mortgage loan insurance is limited to the purchase of a 1-unit property, owner occupied with a minimum down payment of 10%.

Mortgage Services by Gary Corriveau include: First Time Home Buyer Mortgage | Repeat Home Buyer Mortgage | Mortgage Refinancing | Mortgage Renewal | Credit Challenges | Self Employed Mortgage | Debt Consolidation Mortgage | Mortgage Pre Approvals | Renovation Mortgage | Investment Property Mortgage | Vacation Property Mortgage | New to Canada Mortgage | Reverse Mortgage | Commercial Mortgage

Offering Mortgage Services to new immigrants to Canada. Serving clients across Windsor, LaSalle, Amherstburg, Kingsville, Leamington, Tecumseh, Essex, Lakeshore, Chatham-Kent, London, St.Thomas, Strathroy, Sarnia, Woodstock, Brantford, Stratford, Kitchener, Waterloo, Cambridge, and all over Ontario.

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