Arriving in Canada doesn’t mean waiting years to own a home. Lenders and insurers run newcomer programs for people with strong income and savings but limited Canadian credit history. Knowing which path fits you is half the battle — and bilingual (English and Simplified Chinese) guidance is available.
Independent advice across BC & Alberta — we shop multiple lenders so your situation finds the right fit.
Several newcomer programs recognize foreign credit references in place of a Canadian score, and some allow as little as 5% down on an insured purchase, depending on the program and your profile.
Open a secured or standard credit card as soon as you can, use it for small recurring expenses, pay it in full and on time, and keep balances low. Even a few months of clean history helps your file.
For the full walk-through, download the Newcomer’s Mortgage Guide from the form, and if your income is earned abroad, see our notes on documenting non-standard income.
Often yes. Many lenders offer work-permit programs, sometimes with a slightly larger down payment than permanent residents.
Not always. Newcomer programs frequently accept foreign credit references or bank letters in place of a Canadian score, especially within your first few years.
As little as 5% on an insured purchase may be possible depending on the program and your profile. A broker matches you to the right newcomer program.
Yes. Gifts from immediate family are widely accepted with a signed gift letter and a clear paper trail showing the funds in your account.
Tell us your situation and we'll map your best options — no pressure, no obligation.
A real broker reviews every request — no call centre, no shared leads.