Question:

Can I mortgage the purchase of a property in Canada?

by Guest794  |  6 years, 1 month(s) ago

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Can I mortgage the purchase of a property in Canada?

 Tags: Canada, mortgage, property, purchase

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  1. Guest795

     Yes you can. Non-Canadians may obtain mortgage financing of up to 65% of the purchase price, and in some cases up to 75%. A line of credit, secured against currently owned property, may also be set up to provide additional financing, on a case by case basis. If mortgaging, it is best to arrange a mortgage through a local Canadian bank or through a local mortgage broker. A local mortgage provider will be made available to all clients, upon request, for questions or mortgage applications. 

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