WORK
PERMIT
HOLDER

Temporary Resident (like Work Permit Holder, or thin credit applicant) will have more challenging situation than a standard home buyer. The down payment source and verifiable income are shifting to the second position for qualifying the mortgage, the proven history and potential tax issues will be the top priority during the mortgage planning and solution development stage. Although the temporary residency is the first step to becoming a Canadian Citizen, also, it could simply just be a temporary stay in Canada with special privileges to either work, study or live for an extended and/or temporary amount of time.  If you eventually intend to become a Canadian citizen, the next step is to apply for your Permanent Residence card, and then finally, after fulfilling a few game-show-like criteria you eventually become an official Canadian citizen!

Therefore, we have a few lenders and institutional partners who offer mortgage products to temporary residents, even with a better rate than market average results. We’re not a bank, we’re more agile and can offer a faster turnaround, but you also get to avoid other problems. Banks are fickle and often introduce obstacles to financing your purchase like credit issues, income unpredictable, or what seems to be nothing more than a whim. But with Mortgage Sniper, you will always get the best possible service that will leave you in a better situation than the one you’d originally approached us with.

We served many clients in Toronto, Ottawa, Waterloo, Kitchener, Cambridge, London, Windsor, the Great Toronto Area (GTA), the Great Vancouver Area (GVA), and all across the great province of Ontario. We are your top choice for Mortgages. Call us now at +1-888-123-4567 or visit our website mortgagesniper.ca to learn more about how we can turn the traditional lending process into something very different.