Variable closed:	1.7%
1 year closed:	1.74%
3 year closed:	1.69%
5 year closed:	1.79%
10 year closed:	2.94%

New to Canada Mortgage

New to Canada mortgages help recent arrivals to the country secure financing for a home purchase.

What is a new to Canada mortgage?

A new to Canada mortgage is part of the New To Canada Mortgage Insurance Program, which allows people who have relocated to Canada to buy a home faster than usual with a down payment as low as 5 percent. It can be frustrating for new arrivals to obtain a mortgage after moving to Canada, but this loan type can make the process much easier.

What are the benefits of a new to Canada mortgage?

New to Canada mortgages feature high loan-to-value ratios for qualified borrowers, extended amortization rates, low down payment options and flexibility in choosing between a fixed-rate or adjustable-rate mortgage.

How do I get a new to Canada mortgage?

Contact Super Brokers to speak with a mortgage professional who can help you decide if a new to Canada mortgage fits your needs best. Keep in mind that the minimum down payment is 5 percent with a maximum amortization of 25 years. The property must also be located in Canada.

Apply for a New to Canada Mortgage

Current 5 Year Fixed Rate:

1.79%

Our Disclaimer: Although we make every attempt to ensure the accuracy of our website, we recommend you use the above mortgage information as a guideline only. Mortgage interest rates and product availability are subject to change without notice at any time. Certain rates or mortgage products require a minimum credit score, loan amount, or down payment amount and may only be available in specific lending areas. A quick closing loan condition may be required (does not apply to mortgage pre-approvals). For more information, contact Super Brokers by using our online mortgage application.