For Canadian citizens looking to purchase property in the United States, 1st Capital Group offers mortgage financing at up to 75% LTV with competitive interest rates. Our Canadian citizen mortgage programs are available nationwide in all 50 states, with several additional programs available specifically in the South Florida tri-county area (Miami-Dade, Broward, and Palm Beach counties).
Eligible properties include single family homes, condominiums, and developments where the developer is still in control of the condo association. Closings are typically completed within 30-45 days.
Canadian citizens do not need a U.S. visa to qualify. We have extensive experience working with Canadian buyers and understand the specific documentation requirements for Canadian income, credit, and banking verification.
Loan Details
| Maximum LTV | 75% (25% minimum down payment) |
|---|---|
| Interest Rates | Competitive — call (954) 300-1287 for current rates |
| U.S. Credit Required | No — Canadian credit history accepted |
| Visa Required | No — Canadian citizens do not need a U.S. visa |
| Property Types | Single family homes, condominiums, townhomes |
| Coverage | All 50 states (additional programs in South Florida tri-county) |
| Closing Timeline | 30-45 days |
What You Will Need
- Legible copy of valid Canadian passport
- Legible purchase and sales contract (fully executed, signed by all parties)
- Completed mortgage application
- Appraisal and title ordered by lender
- Most recent 2 months bank statements showing funds for purchase
- Statements for stocks, mutual funds, and retirement accounts
- Self-employed: signed and dated CPA letter showing last two years income, YTD income, and average monthly income
- Employed: verification of employment letter on company letterhead showing position, time on job, and income details
- Three (3) credit reference letters (credit card, mortgage, car lease/loan, or revolving debt)
- Last month statements from creditors matching all three credit references
- Copy of earnest money deposit or escrow letter
- Copy of Canadian credit history report
- Canadian primary residence: annual property tax bill with total annual amount
- Canadian primary residence: annual hazard insurance bill with total amount
Frequently Asked Questions
Do Canadian citizens need a U.S. visa to get a mortgage?
No. Canadian citizens do not need a visa to enter the United States or to qualify for our mortgage programs. A valid Canadian passport is sufficient.
Can I use my Canadian credit history?
Yes. We accept Canadian credit history reports and credit reference letters. You will need three credit reference letters and a copy of your Canadian credit history report.
Are there additional programs available in South Florida?
Yes. Several additional mortgage programs are available specifically in Miami-Dade, Broward, and Palm Beach counties. Call us for details on tri-county programs.
What type of employment verification is needed?
If employed: a verification letter from your employer on company letterhead. If self-employed: a signed CPA letter showing income for the past two years and year to date.
Can I finance a condo in Florida?
Yes. Condominiums are eligible, including developments where the developer still controls the condo association. Call us to pre-qualify the specific development.
Ready to Get Started?
Get a free consultation with Nick Lazarevic. We will match you with the best program from our network of 60+ lenders.
Related Programs: All Foreign National Programs | UK Citizen Mortgage | 80% LTV Purchase | DSCR Investment Loans
1st Capital Group as dba of GFL Capital Mortgage Inc | Company NMLS #64367 | Nick Lazarevic NMLS #38639 | Licensed Mortgage Lender | Equal Housing Opportunity | All loans subject to lender underwriting approval. Programs, rates, terms, and conditions are subject to change without notice. Not a commitment to lend.