Mortgages for Foreign Investors in Toronto Email Andrea Meynell - Toronto Mortgage specialist
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There are unique features to Canadian Mortgages; we can help you take advantage of them.

Mortgages for Foreign Investors

This program is for foreign investors. Allowing you to borrow up to 65% of property value (the lesser of the purchase price or appraisal price is the property value)

Requirements
Rental income (actual or market rents) must fully cover the mortgage payment, property taxes, utilities and maintenance fees (if applicable)

Documentation

  1. Personal financial statement
  2. Confirmation of income
  3. Verification of non-borrowed down-payment
  4. Full property appraisal with market rental analysis
  5. Satisfactory bank reference from home country
  6. Completed mortgage application