If you are new to living in Canada, first and foremost we’d like to say, welcome, and we hope you enjoy living here as much as we do! If one of your top priorities is securing a home loan, you should first be aware that Canada is not like the United states, or any other country for that matter. There are tight banking regulations in place which can halt the process of getting your home mortgage, and sometimes the waiting period can be daunting, to say the least. Luckily, our mortgage experts at ResCom Mortgage Solution, Inc, have been very successful in assisting new residents in obtaining a new to Canada mortgage in Victoria for literally thousands of newcomers.
At ResCom Mortgage Solutions, Inc., we are considered the number one rated mortgage brokers who have developed our unique new to Canada mortgage in Victoria, and throughout the entire country. We make it extremely easy for you to secure a solid mortgage because we do things a little bit differently here. Instead of going to just one or two banks with your mortgage application, we work with several lending companies, along with many private lenders, as well. This give us the opportunity, not only in having a much better chance in obtaining your mortgage, but with shopping it, as well, so you get the best interest rate that is currently available.
Many lending banks will require you to establish some type of Canadian credit, and this may take a while before you can establish enough of a payment history before the banks will consider it. Some people also don’t want to take on any more credit while they're trying to secure a mortgage, which makes pretty good sense. The lenders that we go through won’t require this step in order to be considered for a mortgage. You will only need to show your banking statements for the last year, along with a letter from your employer, plus a good payment history with utility companies, such as your electric bill and your phone bill.
Other traditional lenders may also want to to provide them with an international credit report from companies such as TransUnion or Equifax. Again, this takes time, and when dealing with companies as large as the ones mentioned, it could take several weeks just to obtain one. There have also been multiple discrepancies on many of these types of credit reports, and if one should show up on your report, it could take months or even years to have it corrected. This is one of the reasons that our lending partners don’t require this.
If you would like some additional information regarding our easy new to Canada mortgage in Victoria, ResCom Mortgage Solutions, Inc. would like to invite you to visit our website. At rescommortgage.com, you can apply for your loan or leave your contact information, for a fast response. You can also simply call us at 855.585.2080, and speak with one of our friendly and knowledgeable mortgage staff members.New To Canada Mortgage Victoria