Answer: -There is a gov't program through CMHC that guarantees any mortgage for new immigrants.However, you must arrange 25% down payment. Broker, Real estate agent , or mortgage consultant will charge you a fee to tell you this..!! Check out the web site below.. good Luck and welcome to Canada..... This site also has a section for situation just like your(ours). -Its always difficult to get a loan if you have bad credit history and are looking to get a home mortgage loan. -Canadian banks will not give you a mortgage until you have lived in Canada 6 months. Honestly I would consider selling the property in Ireland before you come to Canada so that way you won't have to rush back for anything. Also your going to need a written job offer & a market survey just to get your work permit from Services Canada. Your credit in Ireland will not matter because you'll have no credit in Canada to start with anyway.Unfortunately I know exactly what you'll face because I'm going through it right now. It doesn't matter what race or country your from everyone goes through it. -I have a friend who works in real estate in Toronto and he is an Irish fellow from Dublin.. He is a very knowledgable guy, and would know the answer to your question.