The World Shops for Mortgages Here

Foreign ownership brings a unique set of intricacies and challenges. At Hanley Mortgage Group, we have a whole world of experience to help non­resident buyers finance a property in Canada.

Travel Can Mean a Little Turbulence

If you’re a foreign borrower it’s possible to obtain a mortgage up to 65% of the value of a property. However in order to qualify you will have to show income tax returns so the lender can verify your ability to carry that mortgage.

No income tax returns? This is a huge problem – especially for residents of Hong Kong, Mainland China and the Middle East who often don’t need to pay income tax. What to do? Call us. We know how to find the financing that you need.

The Basics

Once you’ve dealt with the income requirements, mortgages for non­residents aren’t that different from mortgages for residents:

Conventional fixed or variable mortgages are offered

Purchase, refinance, switches all available

Owner occupied secondary/vacation properties, properties occupied by a child and rental properties are eligible

There are wrinkles however, and financial institutions differ on things like withholding taxes, loan to value ratios, down payments – all the areas you look to us to deal with.

Your Passport to a Great Mortgage.

No matter what the challenges, we’ll sort them out.