Newcomer to Canada Buyer Services in London & St. Thomas
Buying your first home in a new country comes with real questions most buyer's guides don't answer — starting with whether you can even qualify for a mortgage yet.
Frequently Asked Questions
Can I get a mortgage in Canada without Canadian credit history?
Yes — most major lenders offer newcomer mortgage programs that use alternative proof instead of a Canadian credit score, such as rental payment history, employment letters, or a credit report from your home country. A mortgage broker can confirm exactly what you qualify for based on your specific status and timeline in Canada.
What down payment do newcomers typically need?
Newcomer programs can qualify with as little as 5% down, similar to other insured mortgages, though the exact amount depends on your residency status, income and the lender. Worth getting pre-approved before you start touring homes so you know your real number.
Do I need to be a permanent resident to buy a home here?
No — non-permanent residents with a valid work permit can also buy and finance a home, though the down payment requirement and lender options are typically more limited than for permanent residents or citizens. A mortgage broker can walk you through what applies to your specific status.
What areas do you recommend for newcomers arriving in London or St. Thomas?
It depends entirely on your work, budget and whether you want to be near an established community — the neighbourhood guides are a good starting overview, and I'll go deeper based on what matters most to you.
Can you help before I've even arrived in Canada?
Yes — I regularly do video walkthroughs and area orientation calls for buyers who are still overseas, so you can arrive with a shortlist instead of starting from zero.