Get your new home, vacation spot or investment in the
country next door quick and easy
Nearly 9,000 Canadian citizens bought homes in
the US last year
Canadian buyers spent $4.2 billion on home
purchases in the US
Housing shortage in Canada raises
residential pricing
* COVID-19 affected the global real estate market by reducing
the trends from the previous period around 25-35%
* COVID-19 affected the global real estate market by reducing
the trends from the previous period around 25-35%
Many Canadian lenders also operate in the US
Cross-border mortgages for Canadian citizens buying in the US
Better foreign national interest rates for Canadians
Get quicker loan approval with Canadian score credit
No early repayment fees with select US lenders
Reduce foreign exchange losses, pay when the rates are favorable
* Once you submit your application and the required documentation, a pre-approval can be completed within 24 hours. After accepting an offer, mortgage processing typically takes a minimum 30-45 days.
One time costs:
US and Canadian property taxes
Recurring costs:
Property utilities, security, maintenance and community costs
Optional costs:
30% withholding tax on rental profits for non-residents
Mortgage interest is tax-deductible for US taxpayers
* Statements must include your name, account number, all pages, bank name, beginning and ending balances, and time period. Accounts include: personal checking and savings; line of credit (if using these funds to close on your new home); Retirement Savings Plan; Investments/ brokerage (if using these funds to close on your new home.)
* within a day If all documentation is prepared beforehand
** dependent on the US lender