New to Canada Mortgage

Welcome to Canada!

New immigrants to Regina play an increasing role in Regina's future population growth, creating new market opportunities. Mortgage financing is available to borrowers with permanent and non-permanent residence status, helping newcomers to realize their dream of homeownership in Canada. It is possible to own a home with as little as 5% down payment.

mortgages for immigrants

We will walk you through the entire process from start to finish. We are here to make sure you get the best rate and product possible for your first home in Canada.

The quickest and easiest way to get pre-approved is to fill out our online mortgage application. One of our mortgage brokers will contact you to ask any questions they might have and from there we can tell you exactly how much you can spend on your first home.

Apply Now to Acquire a Mortgage Pre-Approval

Borrower Qualification

  • Must have immigrated or relocated to Canada within the last 36 months

  • 3 months minimum full time employment in Canada (borrowers being transferred under a corporate relocation program are exempt)

  • Must have a valid work permit or obtained landed immigrant status

  • For 95% LTV, down payment must be from own resources. For LTV's less than 95%, the remainder may be gifted from an immediate family member or from a corporate subsidy.

  • All debts held outside of the country must be included in the total debt servicing ratio (Rental income earned outside of Canada is to be excluded from the GDS/TDS calculation)

Documentation Requirements


Loan to Value Documentation Requirements
All LTV's
  • Valid work permit or verification of landed immigrant status

  • Income Confirmation

  • Down payment confirmation

  • Purchase and Sale agreement

Up to 90%
  • Letter of reference from a recognized financial institution

   OR

  • Six (6) months of bank statements from primary account

90.01% to 95%
  • International credit report demonstrating a strong credit profile

  OR

  • Two (2) alternative sources of credit demonstrating timely payments (no arrears) for the past 12 months. The two alternative sources required are:

  • Rental payment history confirmed via letter from landlord and bank statements

  • One other alternative source (hydro/utilities, telephone, cable) to be confirmed via letter from the service provider or 12 months billing statements

   NOTE: Alternative sources of credit must be obtained from a Canadian source.

How We Can Help

did you know

Our brokers work for you, not the bank! We offer you the expertise and resources to make your first home purchase in Canada as simple and stress free as possible. We deal with over 40 lenders across Canada to find you the best possible mortgage to fit your needs. We are an independent company with the sole purpose of finding you the best mortgage rate and product in Canada. Our brokers will save you time and money by negotiating a better rate on your behalf at no cost to you! That's right, our services are absolutely FREE!

Getting Started

The first step to buying your first home in Canada is acquiring an official morgage pre-approval by completing our online mortgage application. Once you complete this form one of our local Regina mortgage brokers will contact you to complete your approval.

Get Pre-Approved for Your First Mortgage in Canada

Online Application

Get pre-approved within 24 hours!

Online Mortgage Application

Contact a Mortgage Broker

Contact a Regina mortgage broker to discuss your situation or arrange an appointment.

Contact a Regina Mortgage Broker

Quick Application

Use the short application below to have one of our Regina mortgage brokers contact you.