Not Used To Canada ™Program

Not Used To Canada ™Program

Qualified homebuyers who’ve relocated or immigrated to Canada within the past five years qualify under Genworth Canada’s New to Canada system to get direct lender loans a home with less than a 5% advance payment.

Find out more about the latest To Canada Program with your helpful guide.

Appropriate Loan Purpose and Applicable Loan-to-Value Limits

Buy Transactions:

  • 95% LTV
    • Home value = $500,000 – 5% down payment required
    • Home value > $500,000 and *For brand new construction properties when you look at the regions (Yukon, Northwest and Nunavut Territories) where brand new Home Warranty isn’t an alternative, Lenders must obtain either the occupancy license or a third-party report from a professional professional such as for instance: an inspector, architect or engineer. 继续阅读“Not Used To Canada ™Program”