New to Canada

 

New immigrants may qualify with only 5%* Down payment and NO credit history*.. so don’t wait contact me NOW for a FREE consultation!

Are you going through obstacles and challenges such as ….. No credit history, No 2 year job history??? Need to have over 20% as down payment..??

Look no further I specialize in helping Newcomers to Canada to access financing and fulfilling their dreams of homeownership. With as little as

  • 5% down payment *
  • 3 Months Full-time employment in Canada
  • A valid work permit or landed immigrant status
 

New to Canada and trying to find a mortgage could be a very daunting experience… as a new immigrant you are unsure whom to turn to for a genuine and sound advice for your mortgage needs!!

 

Some of the obstacles or challenges a new immigrant face are NO CREDIT history No two year

work experience.. Do not have 20% down payment…… Well you will be surprised to know that Qualified homebuyers who have immigrated or relocated to Canada within the last 5 years are eligible under Insurers New to Canada program to purchase a property with as little as a 5% down payment. * (Please refer to new down payment rules as of Feb 2016 ) You will also be surprised to learn that in most cases your recent arrival will not penalize you, and that you can borrow at very competitive market rates.

 

Borrower Qualification

  • 5% down payment *
  • 3 Months Full-time employment in Canada
  • A valid work permits or landed immigrant status
  • Credit Requirement

90.01-95% LTV:

International credit report OR two (2) alternative sources of credit demonstrating timely payments (no arrears) for the past 12 months. The two alternative sources required are: Rental payment history AND One other alternative source (hydro/utilities, telephone, cable, cell phone and auto insurance)

Up to 90% LTV:

Letter of reference from a recognized financial institution OR six (6) months of bank statements from primary account AND (2) alternative sources of credit demonstrating timely payments (no arrears) for the past six (6) months. The two alternative sources required are: Rental payment history AND One other alternative source (hydro/utilities, telephone, cable, cell phone and auto insurance)

Look no further I specialize in helping Newcomers to Canada to access financing and fulfilling their dreams of homeownership.

Don’t wait contact me NOW for a FREE consultation!!

Our Services

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Our Team

zahera

Zahera

(HR)

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Alex

Alex

(CEO)

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Alex

Sara

(CCO)

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Mark

Mark

(Manager)

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Testimonials

  • "Thorough and professional.. as a first time home buyer I’m glad to have worked with Gogi. There were no last minute surprises. Even the lawyer and the real estate agent agree it was a seamless transaction"
    Dayo Adeboye
  • "Very knowledgeable in terms of helping people to get and find their new house, he will assist you from step one to the last, Gogi, we’re so grateful to have you, and without your help, they’ve be no way... Thanks for all your help!"
    Ligaya Ferrer
  • Thank you Gogi Luthra for going that extra mile for my family to get into our 1st home, what was almost impossible you made happen ! Looking forward to future business with you. Cheers The Crosato Family
    Joe Crosato
  • My experience with Gogi was great. He is extremely knowledgeable and did his best to address our mortgage concerns as well as concerns we had as first time homebuyers. He was available to answer our questions in the best of his ability. As a first time homebuyer we feel absolutely secure with our purchase. Gogi made us aware of the rules, regulations and financial obligation and provided us with insightful advice for moving forward. He was dedicated to getting the best rate and offered mortgage solutions for us who were in a more complicated circumstances. I am truly impressed. We didn't feel like a client and was able to trust and feel secure in our decision. He is very professional and was so patient with us in explaining anything no matter how big or small. Thank you again for all your hard work and the outstanding service you provided
    Kathy Lumanlan
  • I was new to Canada and was buying my first home. While banks insisted for a 20% down payment, Gogi ji helped me to get an approval within hours from prestigious banks with just 5% down. That too, with very low interest rates. He was so kind to get all the paper work done at my door steps even though he lived very far from my place. He has been a great adviser all through the mortgage process. I am really impressed with his service and I highly recommend people to contact him for all their mortgage needs.
    Mohan Rao
  • We were looking for a home our budget was not very big and we didn’t know what to do about getting a mortgage. But after meeting Gogi Luthra We we’re able to get our home with the full help of Gogi. He help us to get what we wanted at the right price he was there guiding us and helping us fully all the way. I would recommend Gogi to all my friends and Anyone that is looking or having small problems buying a home. He KNOWS ALL THE INS AND OUT OF GETTING YOU WHAT YOU WANT.
    Byron Levi
  • We were new to Canada and thought to buy our new home in Mississauga, which we felt next to impossible being so new to Canada. We were fortunate to meet Gogi when everything started turning positive on our way. He had done a detailed analysis of our financial status. As the credit history was not even 1 year old, we were on our probation period of our jobs, which made the mortgage process more complex. That was the time when Gogi ji had given a sincere advice and we sailed through complete process easily. There were times when due to bidding pressure we wanted to commit to seller without bank conditions. But Gogi always insisted not to do so as he cared for our investments & funds not to go waste in case the home mortgage don't get approved. We remember when we finalized our home at late midnight and contacted Gogi, he was on his job from that moment itself, he emailed to concerned financial institution and got the mortgage sanctioned next day at a very good interest rate all due to this pro activeness. Gogi is honest, knowledgeable and transparent with all the process. With all these experiences and positive impressions we wish Gogi a great future ! We recommend and refer all our friends & family to contact Gogi Luthra for all of their mortgage needs.
    Saurabh Awasthi

Our Lender Partners