New to Canada
Mortgage Solutions
Welcome to Canada! Michael North specializes in mortgage solutions for new immigrants, permanent residents, work permit holders, and international students. No Canadian credit history required. Access dedicated newcomer programs from Canada's top lenders and start building your Canadian dream.
Why Choose Michael North
Get Your Newcomer Mortgage Pre-Approval
No Canadian credit history required. Start your homeownership journey today.
Why Choose Michael North
Why Choose Michael North for Your New to Canada Mortgage
As a licensed Ontario mortgage agent, Michael North provides personalized service and access to the best rates from over 50 lenders.
Newcomer Mortgage Specialists
Michael understands the unique challenges new Canadians face — no Canadian credit history, international income documentation, and unfamiliar banking systems.
Down Payments from 5%
Qualified newcomers can purchase with as little as 5% down payment, even without Canadian credit history. Special programs make homeownership accessible.
No Canadian Credit? No Problem
Lender programs for newcomers don't require established Canadian credit. International credit references and strong employment can qualify you.
Employment Letter Flexibility
Recently landed and just started a new job? Many newcomer programs accept employment letters and offer letters — no lengthy employment history required.
Work Permit Holders Welcome
Not just for permanent residents — Michael works with lenders who finance work permit holders, international students, and those awaiting PR status.
Competitive Newcomer Rates
Access to 50+ lenders with dedicated newcomer programs means Michael can find you rates competitive with established Canadian borrowers.
Mortgage Solutions for New Canadians in Ontario
Moving to Canada is an exciting journey, and buying a home is often a top priority for newcomers. The good news? You don't need years of Canadian credit history to qualify for a mortgage. Major banks and lenders offer dedicated newcomer programs designed specifically for new permanent residents, work permit holders, and even international students.
Michael North is a licensed Ontario mortgage agent specializing in helping newcomers to Canada achieve homeownership. With access to 50+ lenders and their newcomer-specific programs, Michael helps new Canadians navigate the mortgage process with confidence.
Newcomer Mortgage Program Highlights:
- No Canadian credit required — International credit history may be accepted
- 5% minimum down payment — Same as Canadian-born buyers
- Work permit holders eligible — 1+ year remaining on permit typically required
- Employment letter accepted — Even if you haven't started working yet
- International students — May qualify with guarantor or larger down payment
Mortgage Options by Immigration Status
Your mortgage options vary based on your immigration status. Michael North understands the requirements for each category and matches you with lenders offering the best programs for your situation.
Permanent Residents (PR):
Permanent residents have access to virtually all mortgage programs available to Canadian citizens. Most lenders offer specific newcomer programs for PRs who've been in Canada less than 5 years, often with relaxed credit requirements.
Work Permit Holders:
If you have a valid work permit with at least 1 year remaining, many lenders will approve your mortgage. Full-time employment with a Canadian employer is typically required. Some lenders require minimum down payments of 10% for work permit holders.
International Students:
International students can qualify for mortgages with a Canadian co-signer/guarantor or larger down payment (typically 35%+). Some lenders offer specific student programs.
Contact Michael North today to discuss your immigration status and explore your mortgage options in Ontario.
How to Get Your New to Canada Mortgage with Michael North
Working with a mortgage agent makes the process simple. Here's how it works:
Newcomer Consultation
Discuss your immigration status, employment situation, down payment, and homeownership timeline. Michael explains all your options.
Document Preparation
Michael guides you through required documents: immigration papers, employment verification, international credit references if available, and down payment proof.
Lender Matching
Your application is submitted to lenders with the best newcomer programs for your specific situation — PR, work permit, or other status.
Welcome Home to Canada
Michael coordinates your closing. Soon you'll have the keys to your first Canadian home — a major milestone in your new life!
50+ Lenders.
One Application.
Michael North has direct access to Canada's top banks, credit unions, trust companies, and alternative lenders. Your single application reaches them all.
RBC Royal Bank
Dedicated Newcomer to Canada mortgage program with flexible credit requirements
TD Canada Trust
New to Canada banking and mortgage package for recent immigrants
Scotiabank
StartRight mortgage program for newcomers with 5% down payment
BMO
NewStart mortgage program for permanent residents and work permit holders
CIBC
Newcomer banking package with mortgage pre-approval options
National Bank
Flexible newcomer mortgage with international credit consideration
HSBC Canada
Global banking relationships for internationally mobile clients
Equitable Bank
Alternative lending for newcomers with non-traditional documentation
First National
Competitive newcomer rates through broker channel
MCAP
Flexible income documentation for new Canadian professionals
B2B Bank
Newcomer-friendly products through independent brokers
Merix Financial
Quick approvals for newcomers with strong employment
Plus 40+ additional lenders including Desjardins, Manulife, Industrial Alliance, and more
Frequently Asked Questions About New to Canada Mortgage
New to Canada Mortgage Services Across Ontario
Michael North provides new to canada mortgage services to clients throughout Ontario, including these major cities and surrounding areas:
Ready to Get Started?
Contact Michael North today for a free, no-obligation consultation. Get expert guidance and access to the best new to canada mortgage rates in Ontario.
Michael North, Mortgage Agent Level 1 (License #M23007520) | Owl Mortgage (Brokerage #13364, Powered by Centum Financial) | Regulated by FSRA