What are the eligibility criteria for New to Canada Mortgages?

Eligibility for New to Canada Mortgages typically requires proof of landed immigrant status, a valid work permit, or permanent residency status in Canada. Lenders also consider factors such as your credit history from your home country, income stability, and sufficient funds for a down payment. Each lender may have slightly different criteria, so discussing your specific situation with a mortgage advisor at Boychuk Mortgage Group is essential.