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A Mortgage Specialist Can Help

Whether you’re ready to buy a home or just starting to save for a down payment, an RBC mortgage specialist can help you make the right decisions. Your specialist can:

  • Offer advice on saving for your down payment

  • Help you complete your mortgage pre-approval

  • Explain Canada’s home-buying and mortgage process

  • Explain your financing options and help you save money

  • Refer you to a realtor to help you find a home

  • Meet with you at your home, office or local RBC branch

Tools and Resources

Not sure where to start? You may find the following tools and resources useful:

The RBC Newcomer Advantage

Get what you need for a great financial start in Canada. Discover products and services that can help you settle in faster. Plus, get up to a $15,000 credit limit on a new RBC credit card9.

Why Newcomers Love Our Mortgages

For many newcomers, buying a home in Canada is an important step towards feeling settled. Whether it’s competitive financing or advice to help you find the perfect neighbourhood, we can help make your home ownership dreams come true.

Who is Eligible ?

  • You may be able to qualify for a mortgage with little to no Canadian credit history.

  • Canadian employment is not required for a mortgage104 with our Newcomer High Net Worth Program.

    • Qualifying Newcomers with a study or work permit can purchase a home. If you are on the path to Canadian Permanent Resident status and your lawyer has verified that you are legally eligible to purchase residential property in Canada despite being a non-Canadian, you may be able to qualify for a mortgage under one of our Newcomer Programs105.

Solutions for Newcomers

  • Competitive rates and a 120-day rate guarantee6.

  • Take up to 30 years to repay your mortgage37. If you have a down payment of at least 20%, you can take up to 30 years to repay your loan.

    • Borrow up to 80% of the appraised value of the home you’re buying. With our Newcomer Standard Program, Newcomers with limited employment and/or Canadian credit history may be eligible to borrow up to 80% Loan-to- Value (LTV) provided they meet applicable lending and debt-servicing criteria.

Are you eligible to buy a property in Canada?

Effective January 1, 2023, the Government of Canada will be placing certain restrictions on the purchase of residential property in Canada by non-Canadians. We recommend you speak with a lawyer/ notary to confirm whether you’re eligible to buy a residential property in Canada before you start your home search.

View Government Regulations

How to Apply for an RBC Mortgage

Talk to an RBC mortgage specialist today to discover how we can help make your home ownership dreams a reality.

You can search by language spoken.


Call Toll-Free: 1-866-756-1107


Call Toll-Free: 1-866-756-1107

Service available in up to 200 languages.

Discover & Learn

Three Tips for Newcomers to Find Their Right Neighbourhood

First Time Homebuyers: Don’t Overlook These Budget-Busting Costs

Settling in Canada: How to Set Your Kids Up for Success