As Canadian housing markets become increasingly competitive, more Canadians are exploring opportunities in the U.S. real estate market. From affordable vacation homes to high-yield rental properties, the U.S. offers attractive options for Canadians priced out of their local markets.
With Citadel Mortgages and our U.S.-based partner, Simply Approved Mortgages, we provide tailored mortgage solutions, expert guidance, and access to a free online course to help you navigate the process of buying property in the U.S. step by step.
According to recent data:
Learn more about today’s best mortgage rates in Canada.
Designed for Canadians who don’t have U.S. citizenship or residency:
Our U.S.-based partner, Simply Approved Mortgages, simplifies the complex process of buying property in the U.S.:
The Section 8 Program, managed by the U.S. Department of Housing and Urban Development, offers unique advantages for investors:
Investing in U.S. real estate can also serve as a foundation for immigration:
Owning property in the U.S. comes with tax responsibilities:
Consult a tax advisor for personalized advice.
Yes, with programs tailored for foreign nationals, including options for vacation homes and investment properties.
Expect to pay 25%-30% of the purchase price as a down payment. Also please note you usually need 6-12 months of cash in a US bank account for payments of the home mortgage and taxes.
Yes, many lenders use DSCR-based qualification, which focuses on the rental income of the property.
Yes, owning U.S. properties may involve additional tax considerations in both Canada and the U.S. Consult a tax professional for guidance.
U.S. real estate presents incredible opportunities for Canadians, from affordable vacation homes to high-yield rental properties. With the guidance of Simply Approved Mortgages and their free online course, Canadians can navigate the complexities of buying property in the U.S. confidently. Whether you’re looking for a vacation home or building a rental portfolio, our tailored solutions and expert advice will help you succeed.
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Head Office – 150 King Street West 2nd Floor Suite 335, Toronto, ON M5H 1J9
Alberta Office – 421 7th Avenue S.W., 30th Floor, Calgary, Alberta, T2P 4K9
Nova Scotia Office – 1701 Hollis Street, Suite 800 Halifax, NS B3J 3M8
Saskatchewan Office – 2010 – 11th Avenue 7th Floor Regina Saskatchewan S4P0J3
Newfoundland Office – 1 Church Hill – Suite 201-522 St. John’s Newfoundland A1C 3Z7
New Brunswick Office – 500 St George Street, Moncton NB, E1C 1Y3
British Columbia Office – 900-2025 Willingdon Avenue, Burnaby BC, V5C 0J3
Manitoba Office – 330 St. Mary Avenue, Winnipeg, MB, R3C 3Z5
Disclaimer
Citadel Mortgages operates an information-based website designed to display mortgage rates from its trusted partners. While we strive to present accurate and up-to-date information, we cannot guarantee the precision of the rates or other details provided at all times. Citadel Mortgages assumes no liability for errors, inaccuracies, or damages resulting from the use of the information on this site. Terms and conditions apply, and it is essential to consult directly with a licensed mortgage broker for personalized advice and accurate details about specific products and services. Please note that the rates displayed are for informational purposes only and may differ from actual rates offered.
Citadel Mortgages is licensed to operate in the following jurisdictions:
Instant Approval, Conditional Approval, Pre-Approval
All approvals are subject to credit and underwriting approval. Not all borrowers will qualify for conventional or equity financing. The receipt of an application does not constitute a financing approval or guarantee of an interest rate. Restrictions apply. The Annual Percentage Rate (APR) is subject to underwriting and approval, and fees and terms may vary. Contact us for the most current rates and further information about specific products. OAC (On Approved Credit).
We remain committed to delivering outstanding service, transparency, and ethical practices. Please note that some rates are province-specific and may change without notice. Rates may not be available in Quebec; please contact us directly to confirm availability and approval.
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