New to Canada? Buying a home in Edmonton?

Get the first home of your dreams with a Fresh Start Mortgage. It's a home loan designed for newcomers, like you. Welcome!

Apply Today

New to Canada? Buying a home in Edmonton?

A happy father, mother, and daughter.

Buy a home without credit history !

  • Build your credit score for easier future borrowing
  • Get great low rates
  • Enjoy generous paydown options

    • Start your mortgage pre-approval! Get in touch with our expert mortgage specialists.

    You'll hear from us within one business day!

    Why bank with Innovation?

    Getting a loan from the big banks without any credit history can be difficult. That's why the Fresh Start Mortgage is perfect for new Canadians. 

    Plus, when you bank with a credit union, you can save on fees, earn profit sharing cash, and give back to your community!

    Save

    Save ~$11 every month in bank fees with our No-Fee Bank Account. Keep more of your money!

    Earn

    Earn profit sharing dollars simply by banking with us. You deserve to benefit from our success!

    Give

    Feel good about banking - we give 2% to 4% of our profits back to the community.

    8,900+ Canadians enjoy a mortgage with us!

    Katrina Vardeh Esakian

    “Helped me get the best rate and went above and beyond doing so. So glad I chose Innovation.” 

    “Helped me get the best rate and went above and beyond doing so. So glad I chose Innovation.” 

    Marya Brown

    “Lots of communication and guidance. We couldn’t have done it without them.”

    “Lots of communication and guidance. We couldn’t have done it without them.”

    Jamie Bakken

    “Went above and beyond to help me get my fast possession date! Incredibly personable and helpful.” 

    “Went above and beyond to help me get my fast possession date! Incredibly personable and helpful.” 

    AIR = Annual Interest Rate

    APR = Annual Percentage Rate

    Annual Interest Rate = The total cost of credit expressed as an annual percentage, not including various non-interest charges.

    Annual Percentage Rate = The total cost of credit expressed as an annual percentage, taking into account, both interest and various non-interest charges.

    If there are no non-interest finance charges, the AIR and APR will be the same.

    APR Assumptions:
    a. $300,000 Mortgage
    b. 25 Year Amortization
    c. Applicable Term for Each
    d. $400 Appraisal Fee

    Applicable to residential mortgages only and subject to Innovation Federal Credit Union lending criteria for residential properties. Some conditions apply.

    Interest rate compounded semi-annually not in advance. Interest rates are subject to change without notice.Applicable to residential mortgages only and subject to Credit Union lending criteria for residential properties. Some conditions apply.