Your immigration status affects financing options and down payment requirements — this is worth confirming early with a mortgage broker.
Confirm your specific status with your lender or broker
Work permit holders, permanent residents, and other statuses can face different financing terms — don't assume based on a general online search.
Ask about down payment requirements specifically
Some lenders require a larger down payment for non-permanent-resident buyers — confirm the number for your specific situation before you budget.
Understand that status can affect, but doesn't prevent, financing
A work permit alone doesn't disqualify you from buying — it may simply mean different terms than a permanent resident or citizen would see.
Keep your immigration documentation organized
Lenders will want to see your specific permit or status documentation as part of the application, so have it ready and current.
Work permit, permanent residency, and other statuses can carry different financing terms — confirm which applies to you.
Some lenders require a larger down payment for non-permanent-resident buyers.
Have your immigration documentation organized and current for your mortgage application.
Ask specifically how your situation affects available programs, not just whether you qualify at all.
Book a free consultation with Narges to talk through how your situation shapes your purchase.
