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  Foreign Employee  

    At My Best Mortgage.ca we recognize the increased migration of foreign workers to Canada. With new programs now available through the insurers’ these individuals can qualify for mortgage financing with as little as 5% down payment.

 

Details

  • Maximum 2 units, one being the primary residence

  • Must have a qualifying job & work Visa

  • International Credit file in good standing

  • Bank reference letter or 6 months bank statements of good account operation.

  • All debts outside Canada must be declared

  • foreign income cannot be used

  • If 10% is being put down - 5% can be from an employer relocation program (cannot be a loan)

  • Guarantor's acceptable

 

 
       
       

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Learn More about the No Money Down Mortgage
 
   
 

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