Question 1

Can I get a mortgage in Edmonton if I just arrived in Canada?

Accepted Answer

Often yes, if you have legal status to work, a documented down payment, and a lender that offers a newcomer program. There is no single waiting period that applies to every bank. Artisan maps the file before you write an offer.

Question 2

Is 5% down available for newcomers?

Accepted Answer

CMHC-insured purchase products can allow a 5% minimum on eligible 1–2 unit owner-occupied homes under the national down-payment tiers. Whether a specific newcomer file gets that 5% depends on the lender overlay and the source of funds.

Question 3

Do I need Canadian credit history?

Accepted Answer

Canadian credit helps, but it is not the only path. Some lenders accept a larger down payment, a foreign credit letter, or a strong employment file. We will tell you which path is realistic before you spend money on an appraisal.