At Macquarie Financial, we know that moving can be stressful, especially when you are relocating from abroad. We are here to make your move to Canada easier. We have a team of experienced mortgage solutions specialists who can help you make the transition with a full spectrum of knowledge about obtaining financing for foreign nationals, new Canadians and those relocating for long-term employment contracts.

There are many benefits to purchasing real estate in Canada. You can build equity and establish yourself economically in Canada. It is also a wonderful way for you to provide your family with a stable foundation.

Our relocating to Canada program offers you simple and effective ways to get established with a variety of mortgage options tailored to your individual needs. We offer:

• Fixed Rate mortgage terms of 1, 3 and 5 years
• Adjustable Rate mortgage term of 5 years
• Minimum down payment of 5%
• Financing up to 95% of the value of your property
• Large loans up to $2 million depending on your choice of mortgage
• Amortization up to 35 years
• Flexible payment options (monthly, accelerated bi-weekly and weekly)

You may use your mortgage to secure the purchase of new construction or existing properties as well as multi-unit rentals you plan to reside in.

Other things to consider as you start your new life in Canada is documentation and information you’ll need to obtain your financing. The following is a list of some of the documents that you may be required to provide:

• Personal information including age, marital status and dependants
• Description of your profession including annual income
• Disclosure of all sources of income
• Verification of down payment monies with relevant banking information
• List of your world wide assets and debts
• Details about the home or property you wish to purchase
• Valid work permit or verification of landed immigrant status
• Letter of reference from a recognized financial institution, or Six (6) months of bank statements from primary account*
• International credit report demonstrating a strong credit profile, or Two (2) alternative sources of credit demonstrating timely payments (no arrears) for the past 12 months. The two alternative sources required are:
  1. Rental payment history confirmed via letter from landlord and bank statements 
  2. Hydro/utilities, telephone, cable to be confirmed via letter from the service provider or 12 months billing statements
  
  Note:
  1. Alternative sources of credit must be obtained from a Canadian source.
  2. Please note that specific documention requirements will vary depending upon your down payment and financial qualifications.

Let Macquarie Financial help make the process of securing your mortgage easy and enjoyable.

 

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Any Macquarie subsidiary noted on this page is not an authorised deposit-taking institution for the purposes of the Banking Act (Cwth) 1959. That subsidiary's obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of that subsidiary, unless noted otherwise.