$1.5M Mortgage for Newcomer Physicians in Canada Secured Without Local Credit History

Clients: Newly Arrived Physicians

Canada Purchase Value: $2,000,000 CAD

Loan Amount: $1,500,000 CAD

In this case, we supported two newly immigrated medical professionals seeking to purchase their forever home in South Surrey, British Columbia. Though they held secure employment contracts and had a strong down payment, their limited Canadian credit history and probationary job status created barriers with traditional residential mortgage lenders.

Their professional potential and long-term settlement plans made them ideal candidates—but only to a lender that could offer alternative mortgage solutions for newcomers to Canada and assess international credentials with nuance.

We structured a $1.5 million mortgage at a competitive 4.29% fixed interest rate with a five-year term and a 20-year amortization. Additional features included 15% annual prepayment privileges and preferential renewal options tailored to medical professionals.

This case showcases our ability to deliver residential mortgage solutions for high-income newcomer clients, where conventional mortgage underwriting falls short. Through experience and lender relationships, we help new Canadians secure financing to build their lives with confidence—whether you’re a doctor, entrepreneur, or skilled professional.

Discover how we’ve helped clients secure the funding they needed by exploring our case studies. Visit our services page to see everything we can do for you.

Ready to take the next step?

Fill out our application form or reach out to us directly, and one of our expert mortgage brokers will work with you to create a financing plan designed to achieve your goals.