Because some immigrant countries often impose loan restrictions on immigrants buying houses, many Canadian immigrants will consult Pacific immigration experts about whether they can borrow money to buy a house in Canada. In fact, the Canadian government supports immigrants to buy houses. New immigrants don't have to worry about getting a loan to buy a house in Canada. The Bank of Canada will provide preferential loan policies for immigrants. Canada's financial market is developed, and banks can choose a variety of mortgages. In the process of buying a house in Canada, it is best to have a professional real estate agent to provide advice. Because buying a house loan requires credit records and proof of income, you can ask the bank whether new immigrants can borrow money to buy a house in Canada. For example, the five major commercial banks in Canada have new immigration loan policies, and they can handle loan procedures without showing credit records and income certificates. When new immigrants buy a house in Canada, they should not only ask whether the bank can get a loan, but also ask themselves the appropriate loan type. Banks in Canada will provide a variety of mortgages for applicants to choose from, so be sure to be familiar with the original interest rate, mortgage interest rate, down payment amount and punishment measures for delaying repayment. These are projects that have a great impact on applicants, especially mortgage interest rates can be divided into fixed-rate mortgages and floating-rate mortgages. Choosing the right interest rate for different loan years can save the applicant a sum of interest. Submitting a mortgage application to a bank before buying a house often encounters two situations: pre-approval and pre-qualification. Because various lending institutions have different interpretations or even confusion about these two terms, the applicant must ask their meanings and requirements clearly. Generally speaking, pre-approval means that the lending institution has reviewed the loan application submitted by the applicant and can determine the current loan interest rate with the applicant under certain conditions; Pre-qualification means that the lending institution has predicted the loan amount for the applicant according to the applicant's information. These two business terms have different meanings, and the information required of the applicant and the contents of the negotiation are also different. Some new immigrants in Canada have applied for credit cards from many banks for the convenience of life. Although some banks do not need new immigrants to provide credit records, too many credit cards of applicants mean that their credit records are poor, and they often have to overdraw. Even if all repayment records are on time, their loan applications will be affected. As for whether new immigrants can get loans to buy a house in Canada, as long as the immigration procedures are sound and their personal funds are in good condition, they can get preferential policies for new immigrants to buy a house. If immigrants have their own credit records and income certificates, they can get more loans and lower repayment rates when applying for housing loans.