Offshore Investor
It is indeed possible for an offshore investor to secure a mortgage for an investment property in Canada. As a general rule, the offshore investor would need to put down 35% of the purchase price. However, some lenders are able to loan up to 75% of the value of the property based on full disclosure.
It is imperative to source a status report from your existing banker which must confirm how long you have held that bank account and that it is in good standing. In order to secure a mortgage pre-approval, please complete an application by:
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US residents contact Adil Virani via email |
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Offshore residents contact Adil Virani via email |