New to Canada
Welcome home to Alberta.
Newcomer programs can help you buy even with a short Canadian credit history. I'll explain each step clearly.
Overview
How I can help
Many lenders have programs for newcomers, so a short credit history in Canada doesn't have to stop you from buying a home.
Every situation is different, depending on your status, job and where your down payment comes from. I'll explain what applies to you, and help you prepare documents lenders will accept.
Step by step
What working together looks like
Check your options
We look at your status, work history and savings to see which programs fit.
Prepare your documents
Including a clear paper trail for money sent from abroad.
Build your budget
What you qualify for, and what payment feels comfortable.
Guide you to the keys
Step by step, in plain words, all the way to closing.
What to have handy
- Your passport and PR card or work permit
- A job letter from your Canadian employer
- Proof of your down payment, including money from abroad
- Rent or utility receipts, if your credit history is short
Please don't email ID or bank statements. I'll share a secure way to send them.
Good to know in Alberta
- Newcomer programs can accept a short Canadian credit history.
- Permanent residents and many work-permit holders can qualify with as little as 5% down, depending on the program.
- Money sent from abroad needs a clear paper trail. Start gathering statements early.
- Some non-Canadians face federal limits on buying homes. Permanent residents are not affected, and many work-permit holders are exempt. I'll confirm what applies to you.
Questions
New to Canada: common questions
Can I get a mortgage soon after arriving in Canada?
Often, yes. Many lenders have newcomer programs for permanent residents and some work-permit holders, even with a short Canadian credit history.
How much down payment do newcomers need?
It depends on your status and the program. Many permanent residents and work-permit holders can qualify with as little as 5% down. Some programs ask for more.
Can I use money from my home country for the down payment?
Usually, yes, with a clear paper trail showing where it came from and how it reached your Canadian account. Start gathering those statements early.
How can I build Canadian credit quickly?
A Canadian credit card used lightly and paid in full every month is a good start. Rent and utility receipts can also help with some lenders.
Keep exploring
Where to next?
Let's talk about your plan.
A free, no-pressure first call. No credit check, no paperwork.