Subject to qualification, yes. In fact, even purchasers with just 5% down may qualify to buy a home. For high-ratio mortgages, (less than 20% down payment,) CMHC, Sagen and Canada Guaranty insured mortgages are available. Lenders also want to see you have an additional 1.5% of the purchase price to cover closing costs such as legal fees, land transfer tax, etc. You will need provable income, documented down payment, and a credit check to determine if you are approved, and for how much.