First-Time Buyer Mortgage Planning Guide › Chapter 12
Special situations
By Rajiv Verma, Mortgage Broker · Mortgage Architects, FSRA Brokerage Licence #12728 · Updated November 3, 2026
Short answer: newcomers, self-employed buyers and families buying together can all qualify, but each has its own document rules. Start earlier than you think you need to.
Can I buy a home if I’m new to Canada?
Many lenders have programs for newcomers with limited Canadian credit history, often with specific down payment and employment rules. Overseas savings can be used if you can document the money’s history.
New to Canada hub →
Can I qualify if I’m self-employed?
Lenders usually want two years of history, and taxes paid. Many self-employed buyers don’t have an income problem; they have a documentation problem.
Self-employed hub →
Can I buy with my parents, siblings or friends?
Parents, siblings or friends can buy together. Decide upfront who’s on title, who pays what, and what happens if someone wants to sell.
Buying with family hub →
Next up · Chapter 13Your readiness scoreContinue reading →
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Rajiv Verma, Mortgage Broker · Mortgage Architects, FSRA Brokerage Licence #12728 · 15 Gateway Blvd, Unit 201, Brampton, Ontario · Office 289.505.0631 · Direct 647.291.7116
This guide is general education, not personal financial, legal or tax advice. Rates shown are examples as of November 3, 2026, for comparison only, and are not a quote or a commitment to lend. Your rate and approval depend on your application, credit, income, property and lender guidelines. Program rules can change.