This guide explains how newcomers to Canada can qualify for mortgage financing in 2026, covering three default mortgage insurers: CMHC (Canada Mortgage and Housing Corporation), Sagen, and Canada Guaranty. It details eligibility rules for permanent residents (PRs) and non-permanent residents (NPRs) under the CMHC Newcomers program, minimum down payment requirements based on purchase price, credit score thresholds, and acceptable sources of down payment funds. It also covers OSFI (Office of the Superintendent of Financial Institutions) B-20 stress test requirements that apply to all federally regulated lenders, and how income verification works for foreign-earned or newly established Canadian income.