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With newcomers to Canada playing an ever increasing role in Canada’s future population growth, mortgage financing is available to borrowers with a permanent and non-permanent residence status with the goal of helping newcomers to Canada realize their dream of home ownership.
Most lenders have policies in place which can accommodate clients who have immigrated to Canada within the last 36 months and who are looking for an insured mortgage. CMHC offers financing that is available to borrowers with both permanent and non-permanent residence status; helping new comers realize their dream of home ownership in Canada.