Mortgages for newcomers to Canada are available to help them understand the real estate market in the country, including the associated costs like closing costs and adjustment costs. By opting for a mortgage instead of renting, newcomers can build equity and benefit from employment and credit sources. These mortgages also offer the best rates and options for those looking for higher loan amounts, with a minimum 20% down payment saved, or flexibility on down payments starting from just 5%. The available mortgage products include explanations of homebuyer incentive programs and down payment assistance options. Additionally, clients have access to a wide range of lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers, allowing for custom-tailored mortgage solutions at the best rates, even for those with limited credit and employment history. Innovative tools are available to ensure a streamlined first-time home buying experience in Canada.