Mortgages for Non-Residents
Own property in Canada—
even if you don’t live here full-time
At Better Mortgage Select, we specialize in helping non-residents secure Canadian real estate with confidence. Whether you’re a U.S. citizen eyeing a seasonal getaway or an international buyer planning a future move, we offer premium mortgage solutions built for your situation—no matter where you are.
We make the complex simple—so distance, regulations, or paperwork never stand in your way.
Who do we help?
We work with:
- Canadians living abroad
- U.S. residents buying vacation homes
- International buyers seeking investment or future relocation
- Non-permanent residents in Canada (students, workers)
Residency status matters—and it affects your down payment, documents, and which lenders we match you with. That’s why we structure your mortgage from the ground up, based on your exact profile.
Why non-residents choose Canada
Canada’s real estate remains a top choice for:
Vacation retreats in Mont-Tremblant, Muskoka, or Canmore
Long-term investment properties with appreciation potential
Future relocation or retirement planning
We help you build a mortgage strategy that aligns with your goals—whether you plan to stay seasonally or long-term.
What makes BM Select different?
We offer:
Direct access to major Canadian banks that welcome non-residents
Boutique-level service from first call to final keys
A dedicated mortgage specialist who handles your file start to finish
Fast, remote approval workflows (no need to travel)
Strategic tax and legal coordination with local professionals
You’re not just a file number here. You get concierge-level attention—because your purchase deserves nothing less.
Down payment requirements
The minimum depends on your profile:
| Residency | Down Payment | Stocks |
| U.S. Citizens | 20% | Must come from your own funds in a Canadian account |
| International Buyers | 35% | No gift funds allowed, 90-day bank history required |
Funds must be in Canada, and lenders require a clear paper trail.
What you’ll need to qualify
Our team guides you through every requirement—no guesswork.
Typically required:
- Employment letter + recent pay stub
- Proof of income and employment tenure
- International or Canadian credit history
- Canadian bank account with proof of down payment
- Proof your Canadian property is not subject to foreign buyer restrictions
Some lenders may also request:
- 12 months of mortgage payments held in reserve
- A Canadian co-signer (in rare cases)
Foreign buyer restrictions?
we navigate them for you
The foreign buyer ban has exceptions—especially for:
Buyers from United States (exempt)
Temporary residents with valid work permits
Vacation homes in designated recreational zones
We identify properties outside restricted zones and advise on smart locations with no extra taxes or barriers—like Alberta, most of Quebec, and Atlantic Canada.
Need more flexibility?
private lending options available
If traditional banks can’t support your file, we open up a wider toolkit.
We work with alternative and private lenders who specialize in:
- Self-employed international buyers
- U.S. citizens purchasing quickly or with complex income
- Investors acquiring a second or third Canadian property
These lenders offer:
- Interest-only or prepaid options
- Fast approvals, even with non-traditional income
- Custom lending structures when timing or paperwork is tight
Once you’re established, we’ll help you refinance into a lower-rate solution down the line.
From anywhere in the world—we’ve got you covered
Wherever you’re located, we ensure the process feels effortless:
Remote pre-approvals via email, phone, or video
Canadian bank account setup support
Personalized rate and term structuring
Coordination with Canadian realtors, lawyers, and appraisers
Clear, proactive communication
from start to close
We’ve successfully worked with clients across the U.S., Europe, the Middle East, and Asia to secure property across Canada.
Buy in Canada. From anywhere.
Secure a mortgage remotely—expert guidance for non-residents
and cross-border buyers.
Let’s make Canada your next investment
Buying from abroad shouldn’t feel overwhelming—it should feel exciting. With Better Mortgage Select, it is.