Firstly, we at Better Option Mortgage would like to thank you for choosing Canada as your new home. Coming to a new country is no doubt a life changing process and we applaud the sacrifices you are making in your quest for a fresh start. If you are a new immigrant to Canada, there is an overwhelming amount of administrative settling you must do, including purchasing a home in Canada. We know how daunting a task it can be to understand the mortgage requirements and get a home loan in a new country. We are dedicated to helping people in all situations, including new residents to Canada.

We are your alternative lending specialists, providing you with various mortgage options that go beyond just banks. We are devoted to helping you realize your dream of homeownership in Canada by offering numerous programs specifically tailored to new immigrants. Contact us for details.

Refinancing Options

If refinancing the existing mortgage is not possible or if the penalty is too high, this is the next best alternative for you. You’ll be able to access your home equity without even re-negotiating your first mortgage.

Home Renovations

Using the equity in your home to upgrade a kitchen, bathroom, add a new roof or finish that dream basement. Selling a home can be expensive after considering the costs involved.

Debt Consolidation

You can start paying off high-interest credit cards and loans, while keeping the first mortgage in place. You can reduce your monthly payments by up to 75%.

Temporary Funding

Has something happened in your life all of a sudden? Maybe you need emergency money to help a family member, pay for unexpected expenses, or pay your CRA bill, or for your business.

Are you ready to apply
for a newcomers loan?

Fill in our easy to use form and a member of our team will get back to you as soon as possible with more information.