I am a non canadian resident (from UK) but my wife is Canadian. We’re planning to move to canada next year. The property in question is commercial with retail (ground floor) and flat/apt (rented) above. Any ideas which banks I should approach to get a mortgage?
You generally need a down payment of 25% on a property. If you’ve got $100K of $290 it shouldn’t be a problem. The five main banks are Royal Bank of Canada, TD Bank, Bank of Nova Scotia, Bank of Montreal, and CIBC. Also try ING Direct. Links below:
you’ll never gonna get
skystriker65 | Sep 18, 2009 | Reply
You generally need a down payment of 25% on a property. If you’ve got $100K of $290 it shouldn’t be a problem. The five main banks are Royal Bank of Canada, TD Bank, Bank of Nova Scotia, Bank of Montreal, and CIBC. Also try ING Direct. Links below:
hwamf | Sep 20, 2009 | Reply
You probably could get it but you would need to get proper status, Permanent Residence permit before that. Try CIBC Bank or canada Trust.
Dr Dee | Sep 22, 2009 | Reply