Tuesday, August 5, 2008

Recent Immigrant to Canada?

Discover Mortgage Products Designed for You

It’s a common myth that if you are not a Canadian citizen or landed immigrant, you do not qualify for a mortgage. The good news is that various lenders offer mortgage products specifically tailored to the needs of non-landed immigrants. While most financial institutions traditionally have insisted that new immigrants provide a down payment of at least 20% to 35%, there are now lenders who offer qualifying new immigrants (or those who have been transferred to Canada by an employer) mortgages which feature a much lower down payment.

New to Canada? Contact a Mortgage Direct2u / Invis Mortgage Consultant today to get advice on how you may qualify for specialized mortgage products aimed at new immigrants. You may be closer than you think to the rewards of Canadian home ownership.

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