Newcomers to Canada

Mortgages for Newcomers to Canada

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Helping You Build a Home—and a Future—In Canada

Moving to Canada is an exciting new chapter, and owning a home can be an important part of building your life here. At Hoam Loans, we specialize in helping individuals and families who are new to Canada secure mortgage financing—even if you don’t have an established Canadian credit history yet.

We understand the unique challenges newcomers face and offer customized mortgage solutions to help you settle comfortably and confidently into your new home.

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Can Newcomers Get a Mortgage in Canada?

Yes! Many lenders in Canada offer mortgage programs specifically for newcomers, whether you’re a permanent resident, a recent immigrant, or a non-permanent resident with a valid work permit. Even if you have limited Canadian credit or employment history, there are options available to help you purchase your first home in Canada.

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How Hoam Loans Supports Newcomers to Canada

1. Access to Newcomer Mortgage Programs

We work with lenders that offer specialized programs for newcomers, often with flexible requirements for credit, down payments, and employment history.

2. Flexible Down Payment Options

Depending on your residency status and how long you’ve been in Canada, you may qualify for mortgages with as little as 5% down, or you can use alternative sources like international savings, gifts from family, or financial support from abroad.

3. Solutions for Self-Employed Newcomers and Complex Cases

If you’re self-employed or your financial situation is a bit more complex, we can help you access lenders who understand international income, alternative credit, and unique employment setups.

4. Guidance on Building Canadian Credit

We’ll help you understand how to strengthen your Canadian credit profile over time and can assist you in finding lenders who accept alternative credit documentation, such as rental history, utility payments, or international credit reports.

5. Step-by-Step Support in Your Language

Buying your first home in a new country can feel overwhelming, especially if you’re still adjusting to local financial systems. We’ll guide you through the entire process, explain your options in simple terms, and—if needed—connect you with multilingual support so you feel fully comfortable at every step.

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Why Work with Hoam Loans?

Specialized expertise in newcomer mortgage programs
Access to lenders who welcome clients with limited Canadian credit
Flexible financing solutions for a wide variety of newcomer situations, including self-employed individuals and those with international assets
Personalized, caring support from pre-approval to closing and beyond

At Hoam Loans, we believe everyone deserves the opportunity to build a home in Canada—no matter how long you’ve been here.

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