International Mortgage News

Mortgages for Foreign nationals Buying in Canada

Detalis are correct as at November 4th 2008.

Rates from 5.75%, available up to 75% of the value of the property on a 5 year fixed rate.

We do have variable rate products available; however due to the current economic climate, these are more expensive.

Canada has one of the most secure banking systems in the World.  To date it has not had one single failing bank and the Government has not added a single penny to their banking system.

Average detached home prices nationwide are approx. $350K Canadian or $300K American.

We are able to obtain pre-approval of mortgages for customers, so whether you are at the very early stages of thinking about purchasing a property in Canada, already found your new property, or currently have a mortgage on your Canadian home and wish to save money, we may be able to help.

Want to find out more information, please click contact me via my website:  www.international-mortgage-broker.com

Your home or foreign property may be repossessed if you do not keep up repayments on your mortgage. Changes in the exchange rate may increase the sterling equivalent of your debt. Be sure you can afford the repayments before entering into any credit agreement. Any quotation supplied is not an offer of a mortgage. Overseas mortgages are not regulated by the UK Financial Services Authority, you will not be protected by them in respect to advice given.