A New Life In Canada Starts With A New Home.
Rita Cousins Senior Mortgage Advisor • December 14, 2021
With Mortgage Financing, home ownership for new Canadians is possible.
HERE’S WHAT YOU’LL NEED:
- A valid work permit or verification
of landed immigrant status - 3 months of employment history. If you
arrived as part of a corporate relocation,
you are exempt from this requirement. - A down payment of typically 5% if you
have full-time employment
REMEMBER, YOU HAVE OPTIONS!
There are other ways to demonstrate credit-worthiness that lenders will recognize such as:
- Proof of 1 year’s timely rent payment
history (to a non-family member) - 12 months of payment statements for
utilities, phone, cable, documented savings
or insurance premiums
I have excellent relationships with multiple mortgage lenders who specialize in
programs designed for new Canadians.
I look forward to helping you with your
first home in Canada! CALL TODAY!
A new global analysis suggests Canada’s major metros are among the hardest places on earth for young people to buy their first home, with Vancouver, Toronto and Montreal ranking near the bottom of a 70-city affordability index. The study, from UAE-based developer Bloom Holding, estimates the typical first-time buyer in Vancouver enters the market at age 46, while those in Toronto and Montreal reach homeownership at around 40 and 39, respectively. The findings echo a broader North American trend. In the United States, the median first-time buyer age has climbed to a record 40, according to the National Association of Realtors — up from 33 just a few years ago — as higher rates and decade-long price gains delay ownership for younger households. 👉 Read the Article Here
Thinking about selling your home? In this video, I break down the Six Seller Essentials you need to know before you list. These insights come from 30 years of helping families buy and sell across Langley and the Fraser Valley, and they’ll give you a real advantage in today’s market. 📅 Book a time with me https://rly.forsale/Chat-with-Andy 🏡 What you’ll learn today 1️⃣ Why today’s market is slower than it looks 2️⃣ How smart pricing attracts serious buyers 3️⃣ Why a single offer can reveal more than you expect 4️⃣ How timing can protect or erode your equity 5️⃣ Why experience matters even more in a slower market 6️⃣ How to build a plan that fits today’s conditions 🎅 You’re invited to Santa Photos in Fort Langley Join us at 9160 Church Street between 1 and 5. Families, friends, and pets welcome. All donations support LAPS. 📍 About me I’m Andy Schildhorn with Macdonald Realty. Your Langley and Fraser Valley Realtor. 30 years helping sellers make smart, confident decisions. ☎️ Let’s connect Book a meeting: https://rly.forsale/Chat-with-Andy
Our experience having Andy as our realtor was very good! We sold our house with Andy, bought a condo , sold the condo and now bought a townhouse with Andy as our realtor. 👉 Full Review Here
