It is very easy to get a loan to buy a house in Canada. Even if you don't have a legal status in Canada for the time being, you can get a loan, provided that you can afford a 30% down payment. Besides, your credit should not be too bad. It doesn't matter if you have no credit, but you can't have a bad record. Even if the credit card bill of tens of dollars is not paid in time, it will affect your credit. For the vast majority of China people, credit is not a problem at all. I have worked for so many years and have never talked about my compatriots with poor credit. If you have legal status in Canada and have enough income, you can get a loan with a down payment of 5%. At present, the loan interest rate is generally 2. 15%. The term of Canadian loans is generally 25 years, and the most common one is 35 years at present. Loan procedures: Canada has two sources of loans. One is to go directly to major banks without opening an account with them. When I get to the bank, I will say that I have bought a house and need a loan, and someone in charge of the loan will handle it for you right away. They need to ask you for a house purchase contract, a copy of your driver's license or passport, a certificate of deposit, and if you work in Canada, you also need a work certificate and tax return records. That's all, they will report your situation to. In addition, you can also find a loan intermediary. They represent many banks and insurance companies, and the procedures are the same as going to the bank to apply.