New To Canada Mortgage – Helping You Get The Right Solution For Your Mortgage Needs
This E-Book helps you understand what the banks, trust companies and the other lenders are looking for when applying for a mortgage. This E-Book will provide you the information needed to ensure you get the best mortgage rate and solution for your mortgage needs!
Own Your New Home In Canada
Citadel Mortgages can help you realize your dream of home ownership with our New To Canada Mortgage Programs. We have the right mortgage solutions available exclusively to our permanent and non-permanent resident borrowers.
We understand you want to own a home, and at Citadel Mortgages, we make it easy. See the Difference for Yourself, Get Approved Today!
Our Trusted Lender Partners
Our New To Canada Mortgage Solution Program:
Newcomers can purchase a home with as little as 5% insured financing or as much as 35-50% down depending on the program. At Citadel Mortgage, you will also have competitive interest rates and exceptional service to match your exact mortgage needs!
- Purchase transactions: 95% LTV
- Property value ≤ $500,000 – 5% down payment required
- Property value > $500,000 and < $1,000,000 – 5% down payment required up to $500,000, with an additional 10% down payment on the portion of the home value above $500,000
Documentation / Information Requirements
- Valid work permit or verification of landed immigrant status
- Income Confirmation
- Down payment confirmation
- Purchase and Sale Agreement
- Letter of reference from a recognized financial institution
- Six (6) months of bank statements from the primary account
- International credit report demonstrating a strong credit profile
- 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, cell phone and auto insurance) to be confirmed via letter from the service provider or 12 months billing statements
Get Approved Today
To Own Your New Home In Canada
Get your Mortgage Today!
Move Into Your New Home !
Client Success Stories
Our clients always come first. Our goal is to help you get the best advice and mortgage solutions for your needs. Citadel Mortgages was formed to help you achieve your financial home success so allow us to help you today. Speak to one of our mortgage agents today!
Our Partners & Affiliates
Copyright © 2018 Citadel Mortgages Lic # 12993, 30 ST Patrick Street 4th Floor, Toronto, Ontario M5T 3A3
All rights reserved
“Instant Approval, Conditional Approval, Pre-Approval” – Borrower subject to credit and underwriting approval. Not all borrowers will be approved for conventional financing or equity financing. Receipt of borrower’s application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, Annual APR is subject to approval and underwriting, APR includes all fees and rate which is calculated on a yearly term. APR varies contact us for current rates or more information on a specific product. OAC*