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Westoba Credit Union

New Canadian + Westoba = your home

You’ve made the journey, now let Westoba Credit Union help you find your home.

We know that one mortgage does not fit all and that exceptional circumstances, like coming to a new country, require exceptional solutions. Westoba Credit Union introduces the New to Canada Mortgage – a program designed exclusively for new Canadians!


What makes our New to Canada Mortgage unique?

It’s a no-income or income qualifier mortgage that is available to non-landed immigrants or new permanent residents, which means that you and your family can relax in your new home in less time. We have confidence in the capabilities of those who immigrate to Manitoba for work or school and have created a mortgage that makes it easier for newcomers to meet the requirements to purchase a home and begin building a new life in Canada.


What are the qualifications for the New to Canada Mortgage?

To be eligible, you must:

  • have lived in Canada for three (3) years or less; OR
  • be students at a recognized university for five (5) years or less; AND
  • have a work permit, permanent resident card or student visa; and
  • obtain life insurance or assign existing life insurance.


Whether you want to buy a house, duplex, condominium or townhome, as long as the home is your primary residence you may qualify for a New to Canada Mortgage.*

Along with being your primary residence, the home you are purchasing must:

  • have an economic life of at least 25 years;
  • be valued at less than $1,000,000; and
  • be a desirable residential property located in a market with demonstrated ongoing resell demand within 100 kilometres of Winnipeg or Brandon, Manitoba.


You may complete a New to Canada application as a construction mortgage, under the following conditions:

  • The approval letter must state that any overages require pre-approval by Westoba Credit Union.
  • The down payment (25%) must be held on deposit with Westoba Credit Union and sent to the legal representative upon request.

Please note: Progress advance builds do not qualify under the New to Canada Mortgage program.


Let’s talk about your journey to find a home. Call 1-877-WESTOBA or click here to make an appointment.

Westoba proudly employs and supports new Canadians. Let us know your language of preference and Westoba will do our best to accommodate you!

* Some conditions apply


Westoba proudly employs and supports new Canadians. If you let us know your language of preference, we will do our best to meet your needs.


With WestobaONE and WestobaONE+ FREE Chequing accounts, you decide what additional services you want added and only pay for what you need.