New To Canada

Newcomers with permanent resident status have access to all CMHC, Sagen and Canada Guaranty mortgage insurance products (subject to product-specific eligibility requirements).
For permanent residents, where there is limited Canadian credit history and where foreign credit bureaus are not available, alternative sources of payment history may be considered for Loan-to-Value (LTV) ratios up to 95%.
Newcomers with non-permanent resident status are subject to federal eligibility requirements and may have access to insured financing of up to 90% LTV ratio for the purchase of a 1-unit, owner-occupied residential property.
No additional fees or premiums as a result of residency status — standard product-specific premiums apply.