How does US Citizen get Canadian Mortgage to build a home?

I'm trying to move to Canada in the next few years, and would like to build a home there. Already have property but having trouble finding financing to build on it as I am not a resident, have great US credit but no Canadian credit...help! Any recommendations on Banks that will consider my US credit history and not require a cosigner?How does US Citizen get Canadian Mortgage to build a home?
Get your citizenship and then you'll have no problems finding a bank. Try Scotia, TD, BMO, RBC, or CIBC. Scotia, TD, and Bank of Montreal (BMO) are likely to be of most help for you.How does US Citizen get Canadian Mortgage to build a home?
';Canadian Mortgage'; (CMHC) does not build homes. They are a guaranty corporation that backs higher-risk mortgages, such as those transactions with 10% down paymnet or less.





CMHC will not build a home, nor will they back mortgages taken out by out-of-country home owners: it is intended as social security benefit for Canadian citizens only.