- Apply for a Mortgage
- Contact Us
- Mortgage News
- Library & Statistics
- Rates & Tools
- Mortgage Services
- Home
Residential Mortgages
Most Popular RequestsRefinancing & Credit LinesTypes of TermsCommercial Mortgages
Raising FundsBuilding and UpgradesOther Commercial OpportunitiesApply Now
Mortgage Rates
Current Mortgage RatesVariable closed: 1.65% 1 year closed: 1.64% 3 year closed: 1.59% 5 year closed: 1.69% 10 year closed: 2.84% Glossary
Tools
Mortgage Calculators Credit Card Calculators
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 MortgageCurrent 5 Year Fixed Rate:
1.69%
|
Tel: 1-800-604-1864 Fax: 1-866-565-1864 info@superbrokers.ca |
All trademarks and logos are the property of their respective owners. All rights reserved.