sending...Every year Canadian expect up to 300,000 new immigrants arrive and take Canada as their home. It is understandable that new immigrants are going to buy their homes sooner or later.
It takes time for a new immigrant like you to accumulate your credit history and/or find a permanent full time job. But you can’t wait. You want your own home. Your dream can come true through New to Canada program as long as you have enough assets to make down payment, either accumulated here in Canada or from your original country.
Featured New to Canada program may have following requirements:
- Proof of landed immigrant status within certain years;
- Minimum 25-35% down payment (different from lender to lender);
- Down payment from own resources (no borrowed or gifted money);
- Stated income will apply