Mortgage Information & New To Canada | Need a Mortgage? Immigrants can apply for and receive a mortgage on a work permit without being a Canadian Citizen. You will generally need a work permit with 12 months or longer. It's important to have the employer backing your application. Also proof of full time employment will be required to obtain the actual work permit. Your Down Payment: At the moment the minimum down payment is 5% it is required on any real estate purchase. This amount may increase to 10% depending on your mortgage or bank lender. The Canadian Banks: Many of the Canadian banks will require a credit check and bank references from the country you are moving from. Make sure all your paper work is up to date and made available to the Canadian bank you choose to work with. We can suggest one if you have not yet selected one. A Calgary Mortgage Broker: There are many Mortgage Brokers in Calgary and we can put you in touch with th
Here you will find relevant links and articles including all homes for sale and mortgage information for Calgary Home buyers both Residential Single Family Homes and Rural Acreage Homes for first time buyers and established home buyers. The Search for the Perfect Home Starts Here! Contact us with any questions or market concerns you may have.