As a newcomer to Canada, our goal is to educate you on the mortgage process and assist you with financing for your first home. The mortgage process involves a number of key steps:
Calculate your affordability
We help you understand what financial documents are needed for the mortgage process, check your credit and assess the amount you can borrow.
Understand your mortgage options
We discuss your mortgage ratios GDS/TDS, mortgage terms, interest rates and amortization schedules…all the details you need to understand. We also show you all the First Time Home Buyer programs and credits available to help you finance your home.
We calculate what you can afford and get you a pre-approval so your interest rate is locked in for 120 days while you are looking for a home.
Start house hunting
This is the fun part. We can help connect you with a licensed realtor who will help you find the perfect home.,
Close the deal
After you purchase your home we facilitate the mortgage transaction.
Manage your mortgage
Now that you have a mortgage we establish a plan to help you pay down your principal, show you ways to borrow more money to pay for renovations, repairs or other expenses.
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One of the perks of being a new to Canada home buyer is access to some of the rebates and tax credits that the government provides. The Canadian first time home buyers tax credits, rebates and the RRSP home buyers plan are all options for first time home buyers. Our mortgage agents will help you discover which rebates are best suited to your situation and will guide you through the rebate process. Buying your first home can be expensive, so let us help you save some money by taking advantage of some of the following home buyer incentives.
As a first time home buyer you are eligible to qualify for the Land Transfer Tax rebate. Similar to the Home Buyer Tax Credit, this rebate is designed to help cover some of your closing costs. If you purchase a home in Toronto, you could be eligible for a rebate of up to $4475 as well as the Ontario rebate of up to $4000.
Another great first time home buyers tool is the RRSP home buyers plan. The Canadian government will allow you to borrow up to $35,000 from your RRSPs as a down payment tax-free. If you are purchasing your first home with someone else who is also a first time home buyer they can also access their RRSP for $35,000 bringing the total usable RRSP amount to $75,000.
According to research, 18% of mortgages today are newcomers to Canada. In fact, CMHC financing was created to help borrowers with permanent or non-permanent residency status with no minimum period of residency required.
At least one of the borrowers must have a minimum credit score of 600. In the event that credit history is not available, alternative methods of establishing creditworthiness for borrowers is available.
For more information, visit the CMHC website to see specific lending criteria.
At SafeBridge we recognize that being new to Canada is both exciting and challenging. We want to help ensure your transition to home ownership is a successful one. We want to help you build a new life in Canada and home ownership is an important piece of that puzzle.
Our access to over 63 different lenders sets us apart. With over 20+ years in the mortgage lending space our team of mortgage professionals is qualified to help you find mortgage financing that suits your needs.
Every new Canadian has a different situation and we pride ourselves in customized solutions that solve your unique challenges with regards to your mortgage needs.
When you work with SafeBridge, our team of professionals take the time to understand your situation and come up with the perfect financing solution. It is always in your best interest to work with a company that will not only help you secure financing but also keep in mind your holistic financial goals and make sure they are all in alignment. As a company we help thousands of clients each year find the perfect financing solution to fit their needs. When it comes to new to Canada mortgages our team of exceptional mortgage brokers will assist you with finding the perfect mortgage and financing terms.
Chris is a Co-Founder and Financial Advisor at SafeBridge Financial Group, the originators of Mortgage Centered Financial Planning, and is passionate about serving his clients and empowering the incredible team to “Be Better. Be Inspiring.” Prior to co-founding SafeBridge, Chris started his career as a Financial Advisor with Sun Life Financial, formerly Clarica Financial Services, and had the privilege of serving many clients financial needs for over a decade.
Over the last 20 years we’ve been successful in attracting over 60 various lenders that our clients can benefit from. SafeBridge has evolved over the years and has become a very successful company…. The education, that comes along with not just the mortgage agent side of things, but also on the insurance and the investments and the financial planning all comes together in one holistic approach.
Dena is a seasoned Mortgage Broker with 24 years experience in the financial industry. She started her career at Canada Trust as a part-time Teller while attending York University. During her 15 years with TD Canada Trust, Dena held various positions of increasing seniority. As a Senior Financial Advisor she gained knowledge in many disciplines in the banking and investment arena.
For several years Andre has worked in the Financial Planning and Mortgage Solutions field with Scotiabank. After experiencing success, and gaining a wide knowledge base in the banking world, he decided to leave the bank to join a Boutique Mortgage Brokerage, Safebridge Financial Group. Andre made the change so that he could offer clients a wider variety of mortgage options and lenders.
At SafeBridge we believe in experiencing growth together. We want to ensure that each of our agents is successful and feels a part of the SafeBridge team. We offer customized training, lender previews, team events and even team trips to build the strong culture of inclusion and support that so many of our agents enjoy.
We believe it is essential to hire and Partner with the right people. We are looking for the best and brightest in the Industry to join our Exclusive Group of Professionals. Our team consists of loyal top producing Agents that have demonstrated exceptional care for their clients and passion for the industry in which they serve. Our Mortgage Centered Financial Planning approach helps our team foster long lasting relationships, which brings a unique process to the mortgage business.
With over 20+ years in the Mortgage Industry, SafeBridge has built a solid reputation in the industry and is well respected by all major lending partners. SafeBridge has partnerships with over 10 insurance providers in Canada and has access to hundreds of mortgage products.