Welcome To Canada! We help our City Place Community New Comers Along Each Step of the Way with Simple and Smart Residential and Commercial Mortgages. As the City Place Community Neighborhood Mortgage Provider, We Understand the Area Better Than Any.
As a newcomer there are certain factors that determine your potential to get approved for a mortgage.
If you have a good credit score as a permanent resident and have a down payment of 5% or more, you may qualifyfor a regular mortgage, the same as any Canadian citizen.
If your credit score is weak and are a permanent resident you may still qualify for the New to Canada Program offered by the three mortgage default insurance providers.
Yes! There are few options available to you. Below we explain them briefly. To go over them in more detail please contact our Mortgage Advisors who know how to pick the right products for your circumstances.
City Place Mortgage Inc. is affiliated with Ontario's well known Mortgage service company Mortgage Associates Ontario Inc. It was founded in 2013 with the goal of making home ownership affordable and accessible.