The most important considerations for new Canadians are credit history and downpayment. If you are new to Canada and do not have any established credit, you can qualify for a mortgage with three months of employment history and by demonstrating credit worthiness to your lender in other ways:

• Proof of timely rent payments confirmed by your landlord (non-family member) and bank statements
• Bank statements showing pre-authorized payments for 12 months for regular payments such as utilities, telephone, cable, insurance premiums, along with a bank reference letter
• A credit report from your country of origin

Even though it is not required, it is a good idea to start establishing credit in Canada as soon as you can. A downpayment of five percent is the minimum, although a larger down payment may be required.

If you are a new Canadian, I can advise you on the documents you need to assemble to apply for a mortgage, and then present your financial history to the lender or lenders that can best meet your needs.