Non-Resident, Temporary Visa & Permanent Resident Mortgage Options

Non-Resident – U.S Citizen

U.S Citizens interested in purchasing a property in Canada can purchase with as little as a 20% down-payment if the property will be the owners primary or secondary residence. Applicants must meet standard debt servicing requirements.

U.S Citizens interested in purchasing a rental property in Canada are required to provide a 35% down-payment.

Foreign Work Visa (Non-Permanent Residence)

Can purchase with a minimum 10% down-payment if:

• Property is Owner-Occupied
• Must have valid work-visa with minimum 6-month remaining
• Must be mortgage insured by (CMHC, Genworth or CG)

Permanent Residents

Can purchase with a minimum 5%-10% down-payment:

• Must be mortgage insured by (CMHC, Genworth or CG)
• Owner must be paying income taxes in Canada
• Property must be owner-occupied & primary residence

For more information regarding these options, please call/text me at 778-215-4121 or email at adamsale@dominionlending.ca