NEWCOMERS PROGRAM GUIDELINES

	Temporary Resident Foreign Worker	Temporary Resident Professional	Temporary Resident Investor	Temporary Resident Student
Client Eligibility	Customers who have obtained a temporary work permit from the Government of Canada. Remaining validity must be greater than one (1) year	Customers who have obtained a temporary work permit from the Government of Canada. Remaining validity must be greater than one (1) year	Customers who have obtained a temporary work permit from the Government of Canada. Remaining validity must be greater than one (1) year	Customers who have obtained a temporary study permit from the Government of Canada. Remaining validity must be greater than one (1) year
Model Eligibility	New	New	New	New
Product Type	Lease only	Lease only	Lease only	Lease only
Term	Less than or equal to remaining months on visa / permit.	Less than or equal to remaining months on visa / permit.	Less than or equal to remaining months on visa / permit.	Less than or equal to remaining months on visa / permit.
Minimum Security Deposit	>10%	0%	>20%	>20%
Proof of Immigration Status	i) Valid Work Permit / Visa ii) Form IMM 1442	i) Valid Work Permit / Visa ii) Form IMM 1442	i) Valid Work Permit / Visa ii) Form IMM 1442	i) Valid Work Permit / Visa ii) Form IMM 1442
Proof of Employment & Income	Proof of income required	Proof of income required	Proof of income required	Proof of income required
Required Documentation	i) Valid Passport ii) Driver's License iii) Proof of Canadian residence address (temporary addresses such as hotels & mobile homes are not acceptable)	i) Valid Passport ii) Driver's License iii) Proof of Canadian residence address (temporary addresses such as hotels & mobile homes are not acceptable)	i) Bank Statements (last 3 months minimum) ii) Valid Passport iii) Driver's License iv) Proof of Canadian residence address (temporary addresses such as hotels & mobile homes are not acceptable)	i) Bank Statements (last 3 months minimum) ii) Valid Passport iii) Driver's License iv) Proof of Canadian residence address (temporary addresses such as hotels & mobile homes are not acceptable)

All rates, dealer reserve and terms under this program are subject to change without notice. Credit approval is subject to standard NCF credit guidelines.
VISITOR AND REFUGEE VISA's are NOT supported under this program