Residential Mortgages
Perfect solution for the most important decision for your family
Shinhan Special Mortgages*
Business For Self
- For business owners who have operated for minimum 2 years
- Income based on Financial Statement, Tax reporting or Bank statement eligible
- Commission income eligible
New comer
- For first home buyers who have immigrated to Canada within the last 5 years
- Individuals with no Credit score or only Korean Credit Score (KCB) eligible
High networth
- For individuals with strong liquid asset
- Liquid asset at other financial institution eligible
Domestic Income
- For individuals earning income within Canada
- Salary, rental and other income types eligible
Foreign Income
- For individuals earning income outside of Canada
- Income from Korea and U.S. eligible
* Subject to specific program criteria and borrower qualification
Mortgage Terms & Conditions*
- Purchase and Refinance
- Amortization up to 30 years
- Borrow up to 80% of the purchase price/property value
- Guarantor accepted
- Variable & Fixed Interest rates
- Down payment from family gift acceptable
* Subject to specific program criteria and borrower qualification