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Mortgage Squad Advisors
Toronto · OntarioNew to Canada

New-to-Canada mortgages in Toronto.

PR or work permit. International credit accepted. 50+ languages in-house. Canada's largest mortgage market — multi-tiered, multi-cultural, lender-rich.

PR · 5% downWork permit OKIntl credit50+ langs
Or ask Maya
5-star rated| FSRA #13737| 50+ languages
Quick scenario · Toronto
On a $1,150,000 Toronto home
Down payment
5% — min for new-to-canada mortgages
$57,500
Insurance premium
4.00% CMHC/Sagen/CG · financed
$43,700
Mortgage amount
At 4.19% · 30-yr amort
$1,136,200
ON + Toronto MLTT
Provincial closing cost
$38,950
Est. monthly payment
Principal + interest only
$5,526/mo
Illustrative only. Actual rate, qualifying amount, and premium depend on your file. Get an exact number with a senior advisor or Maya AI.
New-to-Canada mortgages in Toronto — the local picture

Toronto's benchmark price sits around $1,150,000 (Ontario, population ~3.0M). Toronto draws a steady newcomer and work-permit buyer pool into Downtown Core and Etobicoke; we pair international Equifax/TransUnion files with the Big-5 newcomer programs and in-house multilingual support so a thin Canadian credit history doesn't stall a Ontario approval.

All mortgages in Toronto| New-to-Canada mortgages guide| Affordability calculator
PR min down
5%
On insured mortgages
Work permit
10-35%
Down, depending on lender
Intl credit
90+
Countries via Equifax Intl
Languages in-house
12+
Plus Maya AI 24/7
Why Toronto clients choose us

New-to-Canada mortgages — built for Toronto.

Same licensed-brokerage standard. Same 100+ lender network. Same dedicated advisor model — applied to GTA's specific lender appetites and property types.

All 5 major bank Newcomer programs (RBC, Scotia StartRight, BMO NewStart, TD, NBC)
International credit reports accepted (Equifax + TransUnion International)
Work-permit holder programs (SOWP, PGWP, closed/employer-specific)
50+ languages in-house plus Maya AI 24/7
Newcomer FHSA + RRSP HBP planning from your first year as a tax resident
5% down for PRs on insured (CMHC, Sagen, Canada Guaranty)
International employer letter accepted at certain lenders
Down payment from abroad — we handle FINTRAC source-of-funds
Alternative credit acceptable: rent, utilities, telecom, insurance
NRST rebate eligibility tracked (becomes PR within 4 years)

Building a Toronto approval without Canadian credit

A thin or non-existent Canadian credit file doesn't have to stall a Toronto purchase. Three paths work: an international Equifax or TransUnion report covering 90+ countries; alternative credit built from rent, utilities, telecom, and insurance payment history; and the major banks' dedicated newcomer programs (RBC, Scotiabank StartRight, BMO NewStart, TD, National Bank) that don't require established Canadian credit. We match your specific status — PR, work permit, or in-progress — to the lender most likely to say yes.

Down payment from abroad and source-of-funds

Funds arriving from outside Canada are fine, but the paperwork matters. Transfer the down payment to your Canadian account at least 90 days before closing, or document the international transfer trail with a source-of-wealth letter. We coordinate the FINTRAC source-of-funds requirements up front so a fully approved GTA file doesn't stumble at the lawyer's office days before close. Permanent residents put as little as 5% down; work-permit holders typically 10–35%, depending on lender and permit type.

Maya · 24/7 AI advisor

Have a question right now? Maya answers instantly in 50+ languages.

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New-to-Canada mortgages across Toronto

From Downtown Core to The Beaches — we know the local market, the typical newcomer file size, and the lender appetites that fit each pocket of Toronto.

Downtown CoreEtobicokeNorth YorkScarboroughEast YorkForest HillLeslievilleThe Beaches

Regional Ontario lenders we shop — alongside the Big-6 banks and national monolines:

Meridian DUCA Alterna Savings FirstOntario
FAQ

New-to-Canada mortgages in Toronto — common questions.

Don’t see yours? Ask Maya — instant answer in 50+ languages.

Any Canadian resident in Toronto who meets the standard new-to-canada mortgages criteria — we help borrowers from Downtown Core, Etobicoke, North York and surrounding GTA. Canada's largest mortgage market — multi-tiered, multi-cultural, lender-rich.

Other mortgage solutions in Toronto

Same advisor team, full product menu — pick the one that fits your file.

All Toronto programs →
First-time buyer
First-time buyer mortgages

5% down. FHSA + RRSP HBP stacked. Pre-approval in 24 hours.

Open
Renewal
Mortgage renewal

Don't auto-renew. We benchmark your bank against 100+ lenders.

Open
Refinance
Mortgage refinance

Lower your rate, consolidate debt, or pull up to 80% equity.

Open
HELOC
HELOC

Up to 65% LTV stand-alone, 80% combined. Interest-only on what you draw.

Open
Self-employed
Self-employed mortgages

BFS, stated income, dividend + salary — we know which lenders take which story.

Open
Investment
Investment property mortgages

Lenders with 100% rental offset, BRRRR refinances, DSCR products.

Open
Bad Credit
Bad credit mortgages

B-lender + private paths today, A-lender exit in 12-24 months.

Open
Private
Private mortgages

Funded in 7-21 days. Equity-based. 12-24 month bridge to A-pricing.

Open

New-to-Canada mortgages in other Ontario cities

Same product, different market — see how new-to-canada mortgages look across Ontario.

Browse all Ontario →
Vaughan Mississauga Brampton Markham Oakville Richmond Hill Ajax Pickering

New-to-Canada mortgages in Toronto: helpful guides & tools

Buying a home in CanadaDown payment calculatorFirst-time buyer programsAsk Maya in 50+ languages

Ready to start your new-to-canada mortgages in Toronto?

5-minute pre-qualification. No credit check to begin. Your dedicated GTA advisor responds within the next business hour.