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Welcome to Canada Program - for temporary residents
Welcome to Canada Program - for permanent residents
 

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Welcome to Canada Program - for permanent residents

It can be overwhelming when you move to a new country. It can also take a while to get established. We can guide you through the steps to purchasing your own home with lots of options. Make yourself at home sooner, with our specially designed program† to meet your mortgage needs and help you in obtaining your first home in Canada.

Some of the details of our program include:

Details
Term: 6 months, 1 – 5, 7 or 10 year fixed rate terms1 Scotia Free Down Payment Mortgage1(CMHC insured only) 5 & 7 year terms
Interest Rate:

1Fixed for the full term Today's Rate
2Variable for the full term

Financing Available: Uninsured and Insured
Payment Frequencies: Weekly, biweekly, semi-monthly, monthly
Prepayment Options: Prepay up to 15% of the original amount of the mortgage. Increase your payments by up to 15% of the payment set for the current term each year


Take the next step...
Connect with a Mortgage Specialist in the language of your choice
Contact your local Scotiabank Branch
Apply online or get Pre-Approved Now
Talk to us at 1-800-953-7441

1Some conditions apply - Applicable to residential mortgages only and subject to Scotiabank lending criteria for residential properties. CMHC/Genworth Financial Canada mortgage default insurance is required for Loan to Value ratios (LVR’s) greater than 75% to a maximum of 95%.



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