I am a permanenet resident of Canada since Jan 2015. I am planning to buy a house in Ontario and since my parents are US citizen they are going to help me to make this process easy for me.
I would like to know if they can help me for quick approval by showing their properties/investements/bank balance etc. and by being co-signer. Since they are from US this would be considered foreign investment but how would it work if I am a canadian resident?
How much down payment will be required in this case?
it is very complicated question I guess but I hope experts here could help me.