Our non-residents mortgage program allows all home buyers who are Canadian citizens, permanent residents, or foreign residents residing outside of…
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I DON’T HAVE ANY ESTABLISHED CREDIT, HOW DO I QUALIFY?
Our non-residence mortgage program allows you to confirm your credit worthiness in a variety of ways. As a pose to…
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I PURCHASED A HOME FROM ABROAD AND CAN’T BE THERE TO SIGN WITH MY LEGAL TEAM AT COMPLETION – NOW WHAT?
When purchasing your new home from an international location, you will have the option to sign your final documents remotely…
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WHAT PROOF OF INCOME DOCUMENTS ARE REQUIRED FOR THE NON-RESIDENTS MORTGAGE PROGRAM?
Standard income documents will be required under the non-residents mortgage program. Those standard income documents include a current pay stub, an…
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WHAT ARE THE STEPS TO GETTING A NON-RESIDENTS MORTGAGE?
The first step is to reach out to one of our trusted mortgage advisors for your free, no obligation discover…
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Who qualifies for a Non-Resident & Foreign Income Mortgage?
Non-residents of Canada, individuals earning foreign income, and those with international assets looking to purchase property in Canada are eligible…
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What down payment is required for Non-Resident & Foreign Income Mortgages?
For U.S. residents, a minimum down payment of 20% is generally required. For those living anywhere outside of Canada and the…
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What documents are required to apply for a Non-Resident & Foreign Income Mortgage?
To apply for a Non-Resident & Foreign Income Mortgage, you typically need to provide proof of non-residency, such as a…
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Can I use rental income from the property to qualify for a mortgage?
Yes, rental income generated from the property in Canada can be considered when qualifying for a Non-Resident & Foreign Income…
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How does foreign currency income affect mortgage eligibility?
Lenders typically convert foreign currency income into Canadian dollars using prevailing exchange rates to assess your mortgage eligibility and affordability.…