Established credit is one of the major criteria for mortgage eligibility. Canada has a New-to-Canada mortgage program to remove the credit and other mortgage qualification criteria.
The New-to-Canada program divides borrowers into two groups.
If it’s been five years or less since you’ve immigrated to Canada, you have a permanent residency or have applied for your permanent residency, have a valid work permit and pay income tax in Canada – you could be eligible to join our New-to-Canada program.
Early in my business I realized that people don’t deal with us because we sell mortgages, or do mortgage renewals, but rather, because we are excellent at what we do and we care for them. I have made it my goal to de-commoditize mortgages by putting planning into every mortgage that we sell so that people can be mortgage free faster.
I enjoyed my aviation and aerospace career before starting my mortgage business. It was a glamorous career filled with excitement, but I wish I discovered earlier that I was destined to be an entrepreneur.
The incredible privilege of partnering with amazing people to create profit by serving clients with safe products have brought me much joy. Being a business owner has very little room for error; it is a continuous striving to be a better human being, leader, husband, father, servant, friend and innovator. It’s a good life.
- C Lawrence
My wife and I have nothing but positive things to say about our experiences with Jacques and his team. From the moment we connected with them we have felt that our best interests were being taken care of. Every step of the way we have received multiple options and explanations for every decision we have had to make. We have recommended them to anyone and everyone and we look forward to using their expertise in the future as we navigate through the ever changing housing market. Thank you Jacques & team, we truly appreciate your services.
September 4, 2019Hartley Ruch
The Mortgage Allies team is an absolute pleasure to work with and is excellent at what they do. Jacques truly works in the best interest of every client. He takes the time to understand your individual needs and secure a mortgage that is the best overall fit for you. He has a deep understanding of mortgages and offers so much more value than any other brokerage or bank today. The process is clear and transparent from day one and you will learn a lot about mortgages along the way. I would highly recommend Mortgage Allies for your mortgage needs.
September 4, 2019
We work with a wide range of mortgage lenders and have access to the best mortgage rate discounts on the market.
We focus on what will save you the most money over the entire mortgage. It is important to us to get you mortgage free as fast as possible, because we do not benefit from keeping you in debt.
Full And Free Analysis
Once we have all of the relevant info, we crunch the numbers. Our team of mortgage experts check all of the mortgage options. We check it again. And again. Only then will we provide you with the best advice for your mortgage renewal, FREE of charge.
We Take Care of Everything
We understand that when you’re new to Canada, things can be overwhelming. As people who were once new to Canada too, we take care of everything for you. That’s right! We collect and submit all the essential documents for your mortgage on your behalf.
To make sure you’re all sorted with what you need, the team at Mortgage Allies have put together some guidelines to get you started.
Your New-to-Canada Checklist:
- A valid work permit or verification of landed immigration status.
- A “9” SIN number, with proof that they have applied for permanent residency status.
- 3 months minimum, full time, employment in Canada (corporate transfers are exempt from this).
- 5% down payment must be from own resources. The remainder can be gifted from an immediate family member or corporate subsidy.
- Normal, minimum down payment rules apply.