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